I. Natural and human environment
Location: It is one of the southernmost states in New England, with a long and narrow coastline, which is called the Gold Coast. All the big cities in the state are located in the coastal areas.
Area: 5009 square miles (13023 square kilometers), ranking 48th in the United States.
Population: 3274 100 (estimated value is 1998). The population density along the coast is 650 people per square mile, and it is also known as the tri-state area of the Greater New York Metropolitan Area with new york and New Jersey.
Climate: The average temperature is winter (28 degrees Fahrenheit); Spring (46 degrees Fahrenheit); Summer (8 1 Fahrenheit); There are four distinct seasons in autumn (52 degrees Fahrenheit), frequent rain and snow in winter and warm and humid in summer.
Capital: Hartford is located in the center of Connecticut, which is the administrative and commercial center and the headquarters of United Technologies Corporation, a large American company.
Political system: two levels of government, the state government at the central level and eight county governments at the local level; The six positions of governor, deputy governor, secretary of state, chief accountant, chief auditor and attorney general are directly elected, and two federal senators and six federal representatives are directly elected. According to the principle of separation of powers, the state government is also divided into an administrative department dominated by the governor, a state legislature (including15/kloc-0 members of the state house of representatives and 36 members of the state Senate) and an independent judicial department. The sources of local government funds are collected by the state government and distributed according to democratic principles. The judiciary is divided into the Supreme Court, the Court of Appeal and the High Court to hear ordinary civil and criminal cases.
Natural resources: Kangzhou has a small area and relatively scarce natural resources. General resources include mineral deposits, such as stone, copper, iron and nickel. Due to strict environmental protection laws and regulations and soil and water conservation requirements, there are few large-scale mineral development. Important agriculture includes cheese industry, poultry raising, forests, nurseries, tobacco, vegetables and fruits.
Second, the economic situation.
From 65438 to 0998, the per capita income of Kangzhou was about $ 335438+0 million, ranking the highest in the United States. The annual disposable income of each household is $46,508, ranking seventh in the United States. /kloc-in the 0/9th century, Kangzhou was famous for manufacturing arms and was once known as the "state of arms". Now, Kangzhou has developed into high-tech industries, such as aircraft engines, helicopters, nuclear-powered aircraft carriers, metalworking, electronics, plastics and so on. There are about 80,000 American companies registered in Kangzhou, and about 14, 1 19 foreign manufacturers. Due to the superior conditions in Kangzhou, the developed navigation industry and the booming insurance industry, 106 insurance companies have settled in Kangzhou. The state's main export products are: transportation, industrial machinery, computers, chemicals, electronics, electrical equipment and so on. The main export markets are Canada, Japan, Britain and Germany.
Third, taxation.
The highest rate of federal corporate income tax is 35%. If it exceeds150,000 yuan, an additional tax of 3% or10,000 dollars (whichever is lower) will be charged for the excess. In addition, real estate tax (in different cities and towns) and unemployment allowance are levied at a minimum of 65,438+0.2% and at a maximum of 6.65,438+0%, and interest and dividends are taxed progressively. No tax is levied on the amount of USD 54,000, USD 54,000 to USD 58,000, USD 65,438+0% and USD 65,438+000. There is no personal income tax in Kangzhou.
According to the legislation of Kangzhou 1996, the corporate tax is currently 10.75% and will be reduced to 7.5% by 2000. The purchase of new and used machinery and equipment can be exempted from property tax for five years.
Four. Policies and measures of investment management
Investment Law: Incentive investment measures: The main incentive investment measures are based on the laws and regulations formulated by the Kangzhou government. If the investment in machinery and equipment is conducive to improving productivity, expanding output, creating employment opportunities and increasing residents' income, the tax exemption can be applied for five years. Other incentives include factory renovation, inventory tax exemption, accelerated depreciation, bond pledge loans, factory loans, machinery and equipment purchase loans and venture capital loans. The state government provides land and factories in industrial parks, reconstruction costs of roads near factories and other subsidies, which vary according to the legislation of each town.
Verb (abbreviation of verb) investment restriction
Except for industries with high pollution and high risk, all industries that can create jobs and improve living standards welcome foreign investment. However, due to the high living standard in Kangzhou, residents' income and wages are very high. Generally speaking, low-level processing and manufacturing industries are not suitable for local investment, while high-value-added manufacturing industries such as aerospace, electronics, computers, pharmaceutical chemistry and high-tech industries and large financial services industries are more suitable for investment in Kangzhou.
Intransitive verb investment institution
Kangzhou Economic Development Department
Seven. Investment application procedure
To set up a company to invest, you should first check with the Economic Development Department of Kangzhou. They can provide services such as site selection, taxation and encouragement, market analysis, entrepreneurship counseling and so on. Secondly, accountants and lawyers prepare the articles of association and the list of directors, and apply to the state government for registration of establishment, that is, complete the formalities. If the company's business is mainly in Connecticut, it is more advantageous to register with the Connecticut government. If the business is mainly across several states or the whole country, it is best to set up in a state with preferential tax in the United States, such as Delaware, and then engage in business activities as a subsidiary in Connecticut, but it needs to pay an extra $300 a year, and the two States have customs fees.
Eight. Land cost
According to the laws of Connecticut, all local residents, non-residents and foreigners can buy, hold, lease, inherit, mortgage and transfer land, and their rights and obligations are the same as those of American citizens. In addition, legal persons (companies) in other countries also enjoy the aforementioned rights. Land transactions must be conducted in written form and recorded in the cadastral data of local towns. In addition, the Ministry of Economic Development of Kangzhou has developed 1 1 enterprise parks and provided special incentives, such as tax rent.
Nine. Infrastructure and rates
In recent years, the state government of Connecticut has invested 654.38+0.6 billion dollars to expand the international airport and 6.5 billion dollars to expand highways, seaports and railway transportation facilities. There are seven expressways in the whole state, the most important of which are Interstate Highway 84, 965.438+0 and 95, which connect new york, Pennsylvania and Massachusetts. At present, there are 6/kloc-0 airports and 64 heliports. The airport provides 24-hour all-weather service, and the annual cargo throughput exceeds1100,000 tons. Every day, 265,438+00 passenger and freight trains run between Boston and new york by rail. Kangzhou has a coastline of 250 miles, with developed sea, air, road and railway transportation and perfect hydropower facilities.
X. major industries
Kangzhou is a traditional industrial center in the United States, with developed information industry, metal manufacturing, aerospace, transportation, electronics, computers, shipbuilding, national defense industry, biotechnology, medicinal chemistry, machine tools and equipment industries. In addition, large-scale financial and insurance industries are also concentrated in two major cities on the southern edge of Connecticut. There are well-known companies that study missiles, environmental protection, communications, aerospace, chemistry, aerospace and machinery.
XI。 An industry with development potential
Aerospace parts, satellite equipment, electronic equipment, navigation and communication detection, biotechnology, medicine, chemistry, precision machine tools and instruments have great development potential.