Guangdong has introduced policies to encourage the development of environmental protection enterprises. In addition to the national provisions of the various preferential policies, the relevant departments of municipal governments will also be on the development of new environmental products and technological transformation in financing, taxation, market, price and other aspects of support. Encourage the high-tech development zones in the environmental protection industry, encourage foreign investment in the environmental protection industry, belonging to high-tech enterprises, to be based on a reduction of 15% of the tax rate of income tax. For the environmental protection industry for technological transformation projects in China can not produce and imported production equipment and instruments and technical information, you can enjoy the relevant national import tax reduction and exemption policy, engaged in the production of environmental protection industry and the benefits of key enterprises and engineering design units, investment in fixed assets and other priority arrangements. The financial sector will also arrange part of the funds to support the environmental protection industry, new technologies, new processes and new equipment research. Departments in the arrangement of technological transformation and environmental protection project loan interest, the selection of the province's production of environmental protection equipment (products) projects will be given priority, and appropriately increase the interest rate. The state launched five to encourage investment in environmental protection equipment policy. From the State Economic and Trade Commission was informed that, from 2000 onwards, the production and use of "the year the State encourages the development of environmental protection equipment (products) catalog" in the environmental protection equipment enterprises will enjoy the relevant encouragement and support policies.
These policies are jointly issued by the State Economic and Trade Commission and the State Administration of Taxation, mainly including:
One, where the use of the catalog of China's production and the reconciliation of the enterprise's technological transformation projects, to enjoy the preferential policies of investment credit enterprise income tax.
The second is that enterprises using equipment produced in China in the catalog can implement accelerated depreciation after approval by the competent tax authorities.
Third, enterprises specializing in the production of equipment (products) in the directory, in line with the conditions of independent accounting, can be independent of profit and loss, its annual net income of 300,000 yuan (including 300,000 yuan) or less, temporary exemption from enterprise income tax, more than 300,000 yuan of the portion of the enterprise income tax in accordance with the law. Fourth, the State Economic and Trade Commission will focus on encouraging the development, research, production and use of equipment (products) listed in the catalog in technological innovation and technological transformation, and will provide subsidized support or appropriate subsidies for eligible national key projects.
Fifth, the use of financial funds for construction projects or government procurement, should be prioritized to meet the requirements of the catalog of equipment (products).