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The preferential policies for outsied investment in Linjiang City |
1. Tax revenue:
1) The zero rate of taxation will be carried out for their fixed assets investment direction adjustment taxes for the outsied investors coming to our city to initiate the mineral resources development,high and new technology,medicine,transportation,hydropower,tourism and social public welfare.
2) The ventures exclusively with one's investment to initiate the construction projects like Power and transportation,etc.and run over 15 years.The enterprise income tax will be exempted for 10 years from the year of gaining profits;After the compledtion of the period ,the half enterprise income tax will be exempted for 4 years and local tax for 3 years.
The above taxes will be exempted for the Joint Ventures according to the percentage of the shares.
3) The ventures exclusively with one's investment to initiate the production enterprises and run over 10 years.The enterprise income tax will be exempted for 5 years form the date of gaining profits;After the completion of the period ,the half enterprise income tax will be exempted for 2 years and the income taxes will be exempted for 8 years for the high and new technology enterprises and the local tax for 3 years.The above taxes will be exempted for the Joint Ventures according to the percentage of the shares.
4) The ventures exclusively with one's investment to initiate the tourism,services (not including restaurant and entertainment)the fhird industrial enterprises and run over 10 years.The enterprise income tax will be exempted for 4 years from the date of gaining profits and the local tax for 2 years.The above taxes will be exemmted for the Joint Ventures according to the percentage of the shares.
5) The taxes on business and enterprise incomes will be exempted for the incomes of companies and persons engaging in technological consultation,services,training,transfer and contract through the approval of tax organs.
6) The ventures exclusively with one's investment initiated the agriculture,forst,animal husbandry and fishery developments.The agriculture tax and agriculture and forest special products tax will be exempted for 15 years from the date of gaining profits.The above taxes will be exempted for the Joint Ventures according to the percedtage of the shares.
7) The personal income tax,house tax and vehicle use tax will be exempted for 5 years for the legal representaives of investing to initiate the enterprises.(not including restaurant and entertainment).
8) The enterprise income tax and land use fee will be exempted for the investors who initiate the Education medical and health.
9) The Production enterprises which have enjoyed the completion of exemption can continue to enjoy 15% to 30% of the enterprise income taxes in the future 10 years through the enterprises application.
10) The Products-export enterprises which have enjoyed the completion of exemption.Those whose export products valuc up to 70% of the products value of the enterprises can enjoy paying half of the enterprises income taxes.
11) If the foreign partners reinvest their enterprise income profit in the City and increase the registration capital or initiate other enterprises as investment capital and can run more than 5 years ,through the approval of Tax Organs ,40%of their paid income tas of reinvestment part will be retumed to the enterprises.If the investment is for initiating and enlarging the products-export enterprises and advanced technology enterprises ,their whole paid income tax of reinvestment part will be returmed to the enterprises.
2. Land:
12)The land can be supplied for the investors who are engaged in nonprofit fundamental facilities ,public welfare,power and transprotation through the approval of the municipal Govemment.
13)The land for the products-exprot enterprises (the export products value if over 70% of the enterprise value of the year )and the advanced technology enterprises will be carried out in the form of sale .The land use uight and sale amount will be preferential.The sold land use urght can be transferred ,rented ,shared and mortgaged.
14)The ,land use taxes can be exempted for 15 years for the foreign investment enterprises that have gained the national land use right.
15)The land use price can be reduced 10-40% according to the registration capital amount for the Industrial Projects.
3. Environment:
16)The investment enterprises will have the priority in increasing the evaluation of the technology positions when hiring the high and intermediate special technical persons and special persons and have the priority in moving the families into the City,children to school and employment.The family members will be registered in the City free of charge.
17)The investment enterprises will be given the priority in the aspects of power supply ,post and communication,transportation and water and heat supply,etc.
18)The approval for the project reports and feasibility study reports of the outsied investment projects can be carried out jointly.If those projcts belong to the approval of the City ,all the approval formalities or other formalities will be finished in 5 days upon receipt of the projects reports ofr feasibility study reports.
19)The cost of production will be only collected for the outsied unvestment enterprises in handling the checks of capital ,registration,fire protection,sanitation and antiepidemic formalities,etc.
20)Any departments in the City are not allowed to go to the outsied investment enterprises to make the checks and collect fees without the approval of municipal Govermment. |