For
all the manufacturing foreign company, the income
taxation will be lowered by24%.
For
technology-and-knowledge intensive project or the
foreign company which its investment more than 30,000,000
dollars but need a long time to retrieve or the
project about source of energy, traffic, port construction,
if being approved, their income taxation will be
lowered by 15%.
For
a foreign company with a running period of more
than 10years, the income tax will be exempted for
the first two years beginning from the first profit
years and the taxation will be lowered by 50% from
the third to fifth years.
For
foreign investment export company, after the period
of tax exemption and cut down, if more than 70%
of the annual products are exported, the income
taxation rate will be lowered by 50%
For
foreign advanced technology company, after the period
of tax exempted and cut down, if it still recognized
as an advanced technology company, the taxation
rate will be lowered by 50%for another three years.
For
a foreign invested project that belongs to the encouraged
class according to the ˇ¶Foreign Investment Enterprise
Indexˇ·with technology transfer, the tariff and important-related
VAT taxation on the imported equipment, parts and
spare parts within the total investment for self-use
will be exempted, as long as the items are not listed
in theˇ¶Foreign Invested Project Non-Tax-Free Commodity
Indexˇ·
Other
policies
For
the foreign invested manufacturing enterprises,
which stay in the processing zone, our government
doesn't collect tax.
It
could be treated separately for the large projects
which make great contribution to economic and social
development of our city, state-class high-tech projects
and new items such as auto, ship, electrical equipment
and new materials.
Taxation
policies