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Preferential Measures for Attracting Investment to Anshun (Trial)
(chinadaily.com.cn)
Updated: 2015-01-05
Article 4
Fiscal Support
1. For new industrial productive projects and standard plant projects in industrial parks, within 5 years from their tax year, their corporate income tax, value-added tax, urban and rural land use tax and counties' retention portion shall be awarded to enterprises in proportion by the relevant departments of finance for the construction of projects (see Table 4). The new and expansion industrial projects in the city shall be rewarded in accordance with corresponding project categories. The awards will increase at 10 percent a year from the 3rd to the 5th year.
2. Bonding companies and small loan companies, which provide industrial enterprises with guarantees or loans over 50 percent of the enterprise's loans, will be rewarded with paid-up corporate income tax and 50 percent of the city and counties' retention portion by the relevant departments of finance.
Table 4 Standards for rewarding industrial projects based upon taxes
|
Project categories |
Tax year |
||||
|
1st year |
2nd year |
3rd year |
4th year |
5th year |
|
|
General industrial projects in industrial parks |
100% |
100% |
60% |
60% |
60% |
|
General industrial projects outside industrial parks |
100% |
100% |
50% |
50% |
50% |
|
High-tech industrial projects |
100% |
100% |
70% |
70% |
70% |
|
Industrial projects funded by China's top 500 enterprises |
100% |
100% |
80% |
80% |
80% |
|
Industrial projects funded by Fortune Global 500 companies |
100% |
100% |
80% |
80% |
80% |
|
Standard plant projects in industrial parks |
100% |
100% |
100% |
100% |
100% |
|
New industrial projects funded by reinvestment from existing enterprises |
|
|
+10% |
+10% |
+10% |
Table 5 Standards of rent subsidies for industrial enterprises in industrial parks
|
Project categories |
Proportion of annual rent subsidies |
||
|
1styear |
2ndyear |
3rdyear |
|
|
Industrial productive projects that rent general standard plants |
60% |
40% |
20% |
|
Industrial production projects that have entered technological enterprise incubators or business incubators for middle and small companies |
80% |
60% |
40% |
