What are the tax incentives for foreign-funded enterprises
(a), limited to the region and industrial projects, the implementation of reduced tax rates.
1, foreign investment in more than 30 million U.S. dollars, the recovery of investment in a long time of the project, after reporting to the State Administration of Taxation for approval, reduced by 15% tax rate for enterprise income tax. 2. Productive foreign-invested enterprises engaged in energy and transportation infrastructure projects may be subject to a reduced enterprise income tax rate of 15% after reporting to the State Administration of Taxation for approval. 3, the tax law that productive enterprises are engaged in machinery manufacturing, electronics industry, energy industry (excluding the mining of oil, natural gas); metallurgy, chemical industry, building materials industry; light industry, textile, packaging industry; medical equipment, pharmaceutical industry; agriculture, forestry, animal husbandry, fisheries and water conservancy; construction; transportation (excluding passenger transportation, because passenger transportation has a stronger nature of the service industry); direct production services, scientific and technological development (including the development of the production services). Production services for scientific and technological development (including new technologies, new processes, new materials, new varieties), geological census (including large-area geological aerial surveys, remote sensing census, etc.), industrial information consulting and maintenance of production equipment, precision instruments and services; by the State Council competent tax authorities to determine the other productive enterprises of foreign-invested enterprises.(second), limited industries, projects, the implementation of regular tax relief.
1. For productive foreign-invested enterprises with an operating period of 10 years or more, from the year in which they start to make profits, they are exempted from enterprise income tax for the first and second years, and are given a 50% reduction in enterprise income tax for the third to fifth years. If an enterprise opens its business in the middle of the year, it may choose to calculate the period of exemption or reduction of enterprise income tax from the next year if it obtains profits in that year and the actual production and operation period is less than six months. However, the profits earned in that year shall be subject to income tax in accordance with the provisions of the tax law. 2. Foreign-invested enterprises engaged in agriculture, forestry and animal husbandry, and foreign-invested enterprises located in economically underdeveloped remote areas can continue to reduce the enterprise income tax by 15% to 30% of the taxable amount for the next 10 years after the expiration of the tax exemption and reduction period upon the application of the enterprises and the approval of the State Administration of Taxation (SAT). 3, foreign-invested product export enterprises, in accordance with the provisions of the tax law, exemption, reduction of enterprise income tax after the expiration of the year, where the value of export products reached more than seventy percent of the value of the enterprise's products in the current year, you can be in accordance with the tax rate specified in the tax law to halve the collection of enterprise income tax. However, the special economic zones and economic and technological development zones, as well as other product export enterprises that have been paying enterprise income tax at a rate of fifteen percent, in line with the above conditions, the enterprise income tax at a rate of ten percent. 4, foreign investment in advanced technology enterprises, in accordance with the provisions of the tax law, exemption, reduction of enterprise income tax after the expiration of the period is still advanced technology enterprises, can be extended for three years in accordance with the tax rate specified in the tax law to halve the collection of enterprise income tax.(three), reinvestment tax rebate.
The tax rebate to foreign investors for reinvesting profits obtained from foreign-invested enterprises belongs to one of the tax incentives to encourage capital investment. Foreign investors in foreign-invested enterprises, the profits obtained from the enterprise directly reinvested in the enterprise, increase the registered capital, or as a capital investment in other foreign-invested enterprises, the operating period of not less than 5 years, the investor's application, the tax authorities for approval, the re-investment part of the 40% of the income tax paid tax, the State Council, in accordance with other preferential provisions, in accordance with the State Council regulations; reinvestment is not full of The reinvestment of less than 5 years to withdraw, should be paid back the tax refunded.(four), the purchase of domestically produced equipment investment credit enterprise income tax
All foreign-invested enterprises set up within the territory of China in the total investment in the purchase of domestically produced equipment in line with the "State Council on the adjustment of tax policy on imported equipment notice" in the provisions of the "foreign-invested industrial guidance catalog" encouraging, restricting class B, "the State Council on the adjustment of tax policy on imported equipment". Catalog" encouraging category, restricted category B investment projects, in addition to the "Catalogue of Imported Commodities Not Exempted from Taxation for Foreign Investment Projects" stipulated by the State Council, 40% of the investment in the purchase of domestically produced equipment can be credited from the enterprise income tax added in the year of the purchase of the equipment compared with that of the previous year. If the new enterprise income tax is not enough to offset the amount of the current year, the amount of investment not offset, can be used in subsequent years than the equipment purchased in the previous year to continue to offset the amount of new enterprise income tax, but the extension of the credit period shall not be more than five years at the most.(five), the purchase of domestic equipment tax rebate.
1, enjoy the scope of the tax rebate: enjoy the domestic equipment tax rebate for foreign-invested enterprises, refers to foreign-invested enterprises that have been registered for tax purposes, including Sino-foreign equity joint ventures, Sino-foreign cooperative joint ventures, wholly foreign-owned enterprises. 2, foreign-invested enterprises, foreign investors have invested in the capital must reach the enterprise investment parties have been in place 25% of the capital (including) or more. The scope of equipment entitled to tax rebate: It refers to the equipment purchased domestically in line with the "State Council on adjusting the tax policy on imported equipment notice" in the "Foreign Investment Industry Guidance Catalog" (encouraged and restricted B), as well as the "current national key to encourage the development of industries, products and technology catalog" of the investment project. For projects in line with the above provisions, the purchase contract listed in the equipment purchased with some of the plastic parts, rubber parts, ceramic parts and petrochemical projects with the pipe, etc., can also be refunded. 3. The formula for calculating the refundable amount of tax on the purchase of domestic equipment: The amount of refundable tax = the amount stated in the VAT invoice multiplied by the applicable VAT tax.(6) Local income tax exemption.
Productive foreign-invested enterprises with an operating period of more than 10 years, meeting one of the following conditions, the enterprise shall apply, upon approval by the municipal and county tax authorities, be exempted from local income tax for 5 to 10 years from the year in which the profits begin to be made. 1, product export enterprises and technologically advanced enterprises; 2, technology-intensive, knowledge-intensive projects; 3, foreign investment of more than 30 million U.S. dollars, the recovery of investment in a long time; 4, energy, transportation, port construction projects; 5, engaged in the construction of port terminals of the Sino-foreign equity joint venture; 6, high-tech industrial development zones Recognized as high-tech enterprises of foreign-invested enterprises; 7, engaged in agriculture, forestry, animal husbandry and aquaculture and other development and management of foreign-invested enterprises; 8, organized in the province's poor mountainous areas of productive enterprises. Productive foreign-invested enterprises, operating period of more than 10 years, upon application by the enterprise, the local tax authorities approved, from the beginning of the year of profit, the first and second year exemption from local income tax, the third to the fifth year of local income tax by half. If a foreign-invested enterprise approved for reduction or exemption of local income tax operates for less than 10 years, it shall pay back the exempted or reduced local income tax.(seven), other tax exemptions and reductions
1, city maintenance and construction tax is fully exempt; 2, education surcharge, according to the proportion of the Chinese party's investment; 3, Water Conservancy Construction Fund, can be reduced or exempted with the approval of the competent tax authorities; 4, property tax, can be reduced or exempted with the approval of the competent tax authorities. Tax authorities may be reduced or waived upon approval. The above is foreign enterprise tax incentives detailed, different regions in our country for foreign enterprises have different preferential policies, the legal person of the foreign enterprise can be registered before the region to do the relevant understanding of the region, choose to set up their own development of the region to register.