Special Policies of Wuhan East-West Lake Bonded Logistics Center

(1) Registered enterprises in the center can obtain the right of import and export operation, international freight forwarding agency right, and the right of internal transportation of goods through the approval of the relevant departments, and are free to carry out domestic and external logistics services according to their business needs.

(2) The import and export quotas and licenses shall not be applied to the management of goods entering and leaving between the center and the outside of China, except for those prohibited from import and export by the state and subject to the management of export passive quota.

(3) The following goods shall be bonded when they enter the logistics center from abroad:

(1) Domestic export goods;

(2) Re-export goods and international transit goods;

(3) Temporary storage of goods by foreigners

(4) Import and export of goods for processing trade

(5) Supply of parts and components for logistics and maintenance for ships and airlines on international voyages;

(6) Import and export of goods to and from the logistics center for international voyages and airlines;

(7) Import and export of goods to and from the logistics center for international voyages and airlines. Logistics, maintenance parts;

(6) for the maintenance of foreign products imported for consignment of spare parts;

(7), general trade imports of goods without customs formalities;

(8), approved by the Customs and Excise Department of other goods without customs formalities.

(4), the following goods from the territory into the center can enjoy export tax rebates:

(1) goods from the territory into the logistics center has completed customs clearance procedures;

(2) domestic machinery and equipment, loading and unloading equipment, management equipment, inspection and testing equipment, etc., transported into the logistics center for the center for the enterprises' own use.

(3), the export of goods in transit, the Customs and Excise Department in the place of departure has received the Customs and Excise Department in charge of the logistics center to confirm the transit of goods into the logistics center of the transit receipt.

(5), the logistics center goods into the territory as imports, in accordance with the actual form of trade and the actual state of the goods for import declaration procedures.

(f), the center of enterprises in accordance with the needs of the competent customs approval, can be divided into batches of goods in and out of the Customs in accordance with the provisions of the Customs and Excise Department for the monthly centralized customs clearance, but the centralized customs clearance shall not be handled across the year.

Enterprises applying for access to the logistics center shall submit a written application to the competent customs office at the location, and submit the following materials stamped with the seal of the enterprise:

(a) application and application form;

(b) the internal management system of the enterprise;

(c) a copy of the business license of the enterprise's legal person;

(d) legal representative's identity certificate Copy;

(v) Copy of tax registration certificate;

(vi) Copy of certificate of equity structure (joint venture, cooperative enterprise) and registration documents of each party of the investment subject;

(vii) Copy of proof of account opening bank;

(viii) Documents proving creditworthiness, such as capital verification report issued by the accounting firm;

(ix) Logistics (IX) the location map of the rented warehouse in the center, warehouse layout and rental agreement;

(J) Customs declaration unit customs registration certificate.

Enterprises in the center shall not carry out the following businesses in the logistics center:

(i) commercial retailing;

(ii) production and processing and manufacturing;

(iii) repair, refurbishment and dismantling;

(iv) storage of goods prohibited by the state for import and export, as well as those that jeopardize the safety of the public ****, the sanitation of the public or the health of the

, public **** morality or order of the state-restricted import and export of goods;

(v) laws and administrative regulations clearly stipulate that the goods can not enjoy the bonded policy;

(vi) other operations unrelated to the logistics center.

Incentive Policies:

I. Special Preferences:

Investment in the world's top 500, domestic top 500, multinational corporations as well as hi-tech enterprises, or projects with large investment, high intensity of investment, short investment cycle, high return on investment, or excellent business performance, in the price of the state-owned land-use rights concessions, the time limit for payment, and the district financial jurisdiction of the relevant areas Preferences will be given. At the same time can also help high-tech enterprises to apply for the National Development Fund.

II. Encouragement of Foreign Investment in Advanced Technology Enterprises and Product Export Enterprises

(1) Foreign investment in advanced technology enterprises in the proportion of technology in the registered capital, up to 35%.

(2) Instruments and equipment used for high-tech development and production of high-tech products by foreign-invested advanced technology enterprises can be depreciated at an accelerated rate with the approval of the financial and tax authorities, and the depreciation charges are all reserved for the enterprises as funds for upgrading and reconstruction.

(3) Foreign-invested advanced technology enterprises with an operating period of more than 10 years may, after the expiration of the statutory period of reduction or exemption of enterprise income tax, be extended for three years to pay half of the enterprise income tax; and if the rate of income tax paid by the enterprise with half of the reduction is less than 10%, it shall be paid according to the tax rate of 10%. Foreign-invested product export enterprises, after the expiration of the statutory period of reduction and exemption of enterprise income tax, the output value of the exported products reaches more than 50% of the product output value of the enterprise in the year or the export value is more than 1 million US dollars, can be reduced by half to pay the enterprise income tax; after the reduction by half the rate of the enterprise income tax rate is lower than 10%, the rate shall be paid according to the 10% tax rate.

(4) foreign investment in the establishment of advanced technology enterprises and product export enterprises, can be halved to pay land premiums (after deducting the cost of land).

Three, encourage multinational corporations to invest

(a) has set up in our country more than three foreign-invested enterprises engaged in the production or urban infrastructure construction of multinational corporations, the actual capital of more than 30 million U.S. dollars, can be in accordance with the provisions of the application for the establishment of investment companies in the city.

(ii) transnational corporations that have set up more than three foreign-invested enterprises in the city may set up a group of companies, approved by the industry and commerce department, using the name of the group of companies.

(c) Transnational corporations investing in the construction of transportation, energy and other infrastructures in the city are allowed to take a controlling stake or operate as a sole proprietor, unless otherwise provided by the state.

(d) multinational corporations investing in large and medium-sized projects, technology- and capital-intensive projects and three-high agricultural projects of the price of land use rights, can enjoy the preferential treatment of bargaining at the prevailing price and installment payments.

Fourth, reinvestment tax refund

Foreign investors will have invested in three-funded enterprises share of profits, direct reinvestment in the enterprise or a new enterprise, enjoy the national reinvestment tax refund preferential policies.

Location environment:

Weather environment:

Wuhan East-West Lake Bonded Logistics Center has a mild climate with the year-round temperature ranging from 4.8℃ to 30.1℃; the average monthly relative humidity is 70%, which makes it feel comfortable; the average monthly precipitation is 100㎜, and the average number of sunshine is about 150 hours per month, which makes it rainy and sunny.

August 31st, 2004, the State Environmental Protection Administration (SEPA) The State Environmental Protection Administration (SEPA) accepted the construction of the national ecological demonstration area in the district, and all the 26 assessment indexes reached the standard, and the air quality of the district reached the second grade or above for the whole year.

Geological conditions:

Wuhan East-West Lake Bonded Logistics Center has a flat terrain, site elevation of about 22M, according to the preliminary drilling and static touching data analysis, the depth of the soil layer of the site 49.0-51.0, the total **** is divided into 11 layers, the bearing capacity of 10KPA or more there are seven layers, of which the fourth and fifth layers of clay layer, the geological situation is better, the average burial depth of 7.355 meters, with thicker thickness (most of them are above 4 meters), which can be considered as the bearing layer. The ground endurance is around 10 tons/㎡, which has all the requirements of industrial land.

Infrastructure:

Wuhan East-West Lake Bonded Logistics Center has "seven connections and one leveling", i.e., water, drainage, electricity, telecommunication, fiber optics, natural gas, roads and site leveling.

Power supply: power from the Central China Power Grid, with 110KV double circuit power supply system, high-voltage transformer capacity of 300,000KVA, and the investment zone has its own 25,000KW thermal power plant.

Water supply: equipped with a daily water supply capacity of 1 million tons and 200,000 tons of water supply plant each one, the water pipeline network has covered the whole area, the water quality standard implementation of national drinking water standards. Drainage is operated by rainwater and sewage diversion.

Gas supply: the annual gas supply capacity of natural gas is 50 million m³, which can satisfy the industrial enterprises and residents in the whole area.

Communication: the final design of 50,000 program-controlled switch telecommunication building to provide users in the region with a series of services for all types of communications services, telephone access to the world, built fiber-optic broadband network can be carried out at home and abroad broadband data transmission, fax and other telecommunications services.

Science, education and talent: Wuhan has 56 colleges and universities of various types, 56 national and provincial research institutes, 22 national key laboratories and engineering technology centers, and more than 750 technology development institutions of various types, with its scientific research and talent resources located in the top three in China.

Postal: Wuhan's postal center is located in the area of Treasure Lake, which is equipped with high-speed and high-quality conditions for express mail to the whole world.

Wuhan Bonded Logistics Center is surrounded by service facilities that can satisfy all kinds of needs, such as shopping, travel and residence, medical care and talent exchange. There are more than ten financial institutions such as ICBC, CCB, CBN, ABC, HUAXIA, etc., which can provide local and foreign currency deposit, loan and settlement business; CICC, PICC and Caixa can undertake all kinds of insurance business.