(1) Preferential tax rate relief
1. Enterprises and projects subject to enterprise income tax at a reduced rate of 15%:
(1) The enterprise income tax shall be levied at the reduced rate of 15% for foreign-invested enterprises located in special economic zones, foreign enterprises that set up institutions and places in special economic zones to engage in production and operation, and productive foreign-invested enterprises located in economic and technological development zones.
(2) From1October 0999+65438+65438, productive foreign-invested enterprises engaged in energy, transportation, port and wharf infrastructure projects can be subject to enterprise income tax at a reduced rate of 15% with the approval of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), regardless of the investment region.
(3) Productive foreign-invested enterprises engaged in technology-intensive and knowledge-intensive projects, projects with foreign investment of more than 30 million US dollars and long payback period, and energy, transportation and port construction projects established in the old urban areas where coastal economic development zones and economic and technological development zones are located.
(4) Foreign-funded banks, Sino-foreign joint venture banks and other financial institutions established in areas approved by the State Council, but the capital invested by foreign investors or the working capital invested by the head office of branches exceeds 10 million US dollars, and the operating period is more than10 years.
2. Enterprises and projects subject to enterprise income tax at a reduced rate of 24%:
(1) A productive foreign-invested enterprise located in the old city of the coastal economic development zone and the economic and technological development zone.
(2) Productive foreign-invested enterprises along the Yangtze River, along the border, in provincial capitals and in the capitals of autonomous regions that the State Council has decided to further open.
(3) Foreign-invested enterprises located in tourist resorts approved by the State Council.
(2) Regular discount.
1. For productive foreign-invested enterprises with an operating period of more than 10, from the profit-making year, tax exemption will be granted from the first year to the second year, and the tax will be reduced by half from the third year to the fifth year;
2. For enterprises (or projects) engaged in port and dock construction, if the operation period exceeds 15 years, tax exemption will be implemented for five years, and enterprise income tax will be reduced by half for five years.
3. Enterprises with foreign investment engaged in agriculture, forestry and animal husbandry, and enterprises with foreign investment located in economically underdeveloped remote areas, after enjoying regular tax exemption and reduction according to regulations, can continue to reduce enterprise income tax 15%-30% according to the taxable amount in the next ten years upon the application of enterprises and the approval of the competent authorities of the State Council.
4. Foreign-invested enterprises established in special economic zones engaged in the service industry, with foreign investment exceeding US$ 5 million and operating for more than 10 years, shall be exempted from enterprise income tax for one year from the first profit-making year, and shall be subject to enterprise income tax at half for two years.
5. For foreign-funded banks, Sino-foreign joint venture banks and other financial institutions established in areas approved by the State Council, if foreign investors invest more than $ 10 million in capital or branches invest more than $ 1 0 million in working capital, and the operating period is more than10 year, the enterprise income tax will be exempted from1year, which will be halved.
(3) Tax incentives for high-tech enterprises
Foreign-invested enterprises recognized as high-tech enterprises established in the National High-tech Industrial Development Zone determined by the State Council shall pay enterprise income tax at the reduced rate of 15%. If the operating period exceeds 10 year, it will be exempted for two years from the profit-making year, and the enterprise income tax will be halved for three years.
(4) Tax incentives for export-oriented foreign-invested enterprises.
After the expiration of the period of exemption or reduction of enterprise income tax in accordance with the provisions of the tax law, if the output value of export products in that year reached more than 70% of the output value of enterprise products in that year, the enterprise income tax may be levied by half at the tax rate stipulated in the tax law. If the tax rate is lower than 10% after halving, the enterprise income tax shall be paid at 10%.
(5) Tax incentives for advanced technology-based enterprises
Advanced technology enterprises established by foreign-invested enterprises are still advanced technology enterprises after the expiration of the period of exemption or reduction of enterprise income tax in accordance with the provisions of the tax law, and enterprise income tax can be levied at half the tax rate stipulated in the tax law for three years. If it is less than 10% after halving, the enterprise income tax shall be paid at the rate of 10%.
(VI) Preferential tax policies for the software industry
1. For key software manufacturing enterprises within the national planning and layout that did not enjoy tax exemption in that year, enterprise income tax will be levied at the reduced rate of 10%.
2. The wages and training expenses of software production enterprises can be deducted according to the facts when calculating the taxable income.
3, enterprises and institutions to buy software, where the purchase cost reaches the standard of fixed assets or constitutes intangible assets, can be accounted for in accordance with the fixed assets and intangible assets. Foreign-invested enterprises with an investment of more than US$ 30 million must be reported to State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) for approval; With the approval of the competent tax authorities, the depreciation or promotion period of foreign-invested enterprises with an investment of less than US$ 30 million may be appropriately shortened to a minimum of two years.
(7) Preferential tax policies for the integrated circuit industry.
1. Integrated circuit design enterprises are regarded as software enterprises and enjoy the relevant tax regulations of software enterprises.
2, integrated circuit production equipment, foreign-invested enterprises with an investment of more than 30 million US dollars, approved by State Taxation Administration of The People's Republic of China, People's Republic of China (PRC); With the approval of the competent tax authorities, the depreciation period of foreign-invested enterprises with an investment of less than 30 million US dollars may be appropriately shortened to a minimum of 3 years.
3. If the investment exceeds 8 billion yuan or the line width of integrated circuits is less than 0.25μm, you can enjoy the following preferential tax policies:
(1) Encourage foreign investment in energy and transportation according to preferential tax policies.
(2) Productive raw materials and consumables imported for personal use shall be exempted from customs duties and import value-added tax.
(8) Tax rebate for reinvestment
If a foreign investor directly invests in a foreign-invested enterprise to increase its registered capital, or establishes other foreign-invested enterprises as capital investment for a period of not less than 5 years, 40% of the enterprise income tax paid for the reinvested part may be refunded.
If a foreign investor reinvests the profits obtained from a foreign-invested enterprise to establish a product export enterprise or an advanced technology enterprise, it shall, within one year from the date when the reinvested funds are actually invested, return all the enterprise income tax paid by the reinvested part to the local tax authorities on the basis of the certificate issued by the examination and confirmation department.
Enterprises with foreign investment engaged in encouraged projects in the Catalogue of Industries with Foreign Investment approved by the State Council can separately calculate the income of their investors from additional investment projects outside the original contract and enjoy the preferential treatment of enterprise income tax reduction and exemption as stipulated in the first and second paragraphs of Article 8 of the tax law, if they meet one of the following conditions:
1. The newly-increased registered capital reaches or exceeds USD 60 million by means of additional investment;
2. The newly-increased registered capital by way of additional investment reaches or exceeds USD 654,380,500, and reaches or exceeds 50% of the original registered capital of the enterprise.
(9) Preferential withholding of income tax.
Royalties obtained by providing proprietary technology for scientific research, energy development and transportation development can be subject to withholding income tax at a reduced rate of 10%, and those with advanced technology or favorable conditions can be exempted from income tax. In 2000, the state reduced the withholding tax rate. If a foreign enterprise does not have an institution or place in China, or although it has an institution or place, but the above income has no actual connection with its institution or place, and gains profits, interest, rent, royalties and other income from China, it shall pay withholding income tax according to the actual income, with the tax rate of 10%.
(10) Exempt from local income tax preference.
According to the regulations of Guangdong provincial government, foreign-invested enterprises that are exempted or reduced from enterprise income tax according to regulations are exempted from local income tax during the period of exemption and half-collection. Foreign-invested enterprises established in mountainous areas of our province are exempt from local income tax.
(eleven) the purchase of domestic equipment credit income tax concessions.
For the domestically produced equipment purchased by foreign-invested enterprises established in China within the total investment, for the investment projects encouraged by the Catalogue of Industries with Foreign Investment as stipulated in the Notice of the State Council on Adjusting the Tax Policy on Imported Equipment (Guo Fa [1997] No.37), except for the catalogue of imported goods of foreign-invested projects that are not exempted from tax as stipulated in Guo Fa [1997] No.37, The above-mentioned domestic equipment must be unused domestic equipment purchased in currency after 1 July 19991,excluding the equipment invested by the investor as registered capital. To purchase domestic equipment for income tax credit, the enterprise shall apply to the local State Taxation Bureau within two months after purchasing domestic equipment and report it to the provincial State Taxation Bureau for examination and approval.
(12) Technology development fee concessions.
If the technological development expenses of enterprises in China in the current year are more than 10% of the actual growth of the previous year, the taxable income of that year can be deducted by 50% of the actual amount of technological development expenses in that year upon examination and approval by the tax authorities.
II. Value-added tax of foreign-invested enterprises:
(1) Tax incentives for software products and integrated circuits
1. From June 24, 2000 to the end of 20 10, general taxpayers sold their own software products, and levied value-added tax at the statutory rate of 17%, and the actual value-added tax burden exceeding 3% was refunded immediately. Integrated circuit design enterprises are regarded as software enterprises and enjoy the relevant tax regulations of software enterprises. The tax refund is used by enterprises to research and develop software products and expand reproduction, and is not regarded as taxable income of enterprise income tax, and enterprise income tax is not levied.
2. From June 24, 2000 to the end of 20 10, the integrated circuit products (including monocrystalline silicon wafers) produced by it will be subject to VAT at the statutory rate of 17%, and the actual VAT tax burden will be refunded immediately. The tax refund is used by enterprises to research and develop software products and expand reproduction, and is not regarded as taxable income of enterprise income tax, and enterprise income tax is not levied.
(2) Enterprises with foreign investment engaged in "processing with supplied materials" may be exempted from value-added tax.
When a foreign-invested enterprise entrusts other foreign-invested enterprises or domestic-funded enterprises to process the processed materials after receiving them, the entrusting party may apply to the tax authorities in charge of export tax rebate for the Certificate of Tax Exemption for Processing Materials, which shall be exempted from the processing fee value-added tax charged by the enterprise. After the "imported processed goods" are exported, the export enterprise shall go through the verification procedures with the tax authorities in charge of export tax refund on the basis of the Customs Declaration Form for Imported Processed Export Goods, the Registration Manual for Imported Processing and the foreign exchange receipt. If it fails to be written off within the time limit, the tax authorities in charge of export tax rebate shall, jointly with the customs and the tax authorities in charge of tax collection, timely pay back the tax and impose penalties.
(3) Foreign-invested enterprises can fully refund the value-added tax of domestic equipment if they purchase domestic equipment within the total investment, if it is within the duty-free catalogue. There are three specific provisions:
1. The scope of equipment enjoying tax refund: refers to the equipment purchased in China that meets the investment items in the Catalogue of Foreign-invested Industries (Encouraged Projects) and the Catalogue of Industries, Products and Technologies Encouraged by the State at Present as stipulated in the Notice of the State Council on Adjusting the Tax Policy for Imported Equipment (Guo Fa [1997] No.37).
Two, enjoy the tax refund equipment must meet the following two conditions:
A, it must be unused domestic equipment purchased in currency, excluding investors' investment in physical and intangible assets;
B, it must be within the total tax refund investment approved by the tax authorities and purchased after 1 September 19991.
Three, all foreign-invested enterprises that meet the conditions of tax refund shall apply to the tax authorities in charge of tax refund for registration and filing procedures for purchasing domestic equipment with relevant materials before performing each domestic equipment purchase contract for the first time.
(4) Import duties
From 1998 65438+ 10 1 According to the provisions of the State Council Guofa [1997] No.37, the equipment imported for domestic investment projects and foreign investment projects encouraged by the state shall be exempted from import value-added tax within the prescribed scope.
(5) Export tax rebate preference
1. General taxpayers of foreign-invested enterprises should apply for export tax rebates for goods directly exported or exported on their behalf in accordance with the methods of "first collecting and then returning" or "exemption, credit and refund".
2. For foreign-invested enterprises established before 1 993 65438+February 3 1, the original export tax exemption method will be changed to the export tax refund method for self-operated or entrusted export goods from 2001October1.
3, the planned export of crude oil tax rebate. The Ministry of Finance, State Taxation Administration of The People's Republic of China and the General Administration of Customs jointly issued a document, stipulating that the crude oil exported within the national plan issued by the State Economic and Trade Commission (excluding the crude oil exported with free assistance from the state) can enjoy the export tax rebate, and the tax rebate rate is 13%.
4. Export tax rebates shall be implemented for outbound equipment, raw materials and spare parts used for overseas processing business. The tax rebate rate shall be implemented in accordance with the unified tax rebate rate stipulated by the state.