Preferential policies will
be implement-ed for enterprises or projects
that will be put into operation before
Dec.31,2007 in Qingyuan High-tech Development
Zone including those in Ecological Industrial
Park, Guangdong Qingyuan Hi-tech Industrial
Zone, or within various scale industrial
parks (zones) newly approved by Qingyuan
Municipal People`s Government.]
Electric
power
Installation application fee will be exe-mpted
for all enterprises. The price of electricity
for scale enterprises is as follows:
1) 1-10 kilovolt: normal period 0.481
yuan/kwh 12:00-19:00; 22:00-23:00 peak
period 0.6445 yuan/kwh 7:00-12:00 19:00-22:00;
low period 0.2942 yuan/kwh 23:00-7:00;
2) 35-110 kilovolt: normal period 0.471
yuan/kwh; peak period 0.631 yuan/kwh;
low period 0.2882 yuan/kwh;
3) 220 kilovolt or above: normal period
0.461 yuan/kwh; peak period 0.6175yuan/kwh;
low period0.2822yuan/kwh;
Water
Installation application fee, water resource
fee, sewage disposal fee will be exempted
for all the enterprises, provided that
the municipal and provincial sewage disposal
standards have been reached. The water
for the enterprises will be charged below
1 yuan/cubic meter. Industrial parks or
enterprises that have great demand for
water will be approved to set up water
plant by themselves, and water resources
fee will be exempted.
Land
1) Investors, governments at district,
town level within the planned area of
Qingyuan Hi-tech Industrial Development
Zone may exclusively or jointly develop
land on stretches by means of transfer,
lease, sharing holdings with land use
right provided that their development
plan comply with panoramic plan of the
Zone, and the necessary infrastructural
facilities should be completed accordingly.
The land they are entitled to develop
should be planned, developed, constructed
and managed unifiably. After that they
are entitled to directly attract investment.
Land use right may be transferred, mortgaged,
leased according to related law and regulation
after completing all the required procedures.
2) On behalf of Qingyuan Municipal Government,
the management institution of Qingyuan
Hi-tech Industrial Develop-ment Zone is
solely responsible for the panoramic plan
within the Zone in compliance with the
overall land plan use of Qingyuan. The
district, town governments, investors
are entitled to develop lands on stretches
which are alloted to them within the sub-zones.
Land use fee, cultivation fee for the
cultivated land, reimbursement for afforestation
will all be refunded to developers except
for the amount that will be turned over
to the state and province.
3) Investors who cannot temporarily af-ford
full amount for land may be issued land
use right certificate after reimbursing
farmers for requisition, paying fees regulated
by the state and province and completing
all the required procedures. The remainder
will be paid on installment. Yet the land
will not be transferred or mortgaged before
the payment for the land is clear. The
interest rate for loan on installment
will be calculated according to that of
fixed assets in the corresponding period.
Land use right may be transferred, auctioned,
leased at most preferential price.
4) Land may be utilized by flexible means
such as lease, sharing holdings by evaluation.
The leasehold for industry that is no
less than 10 years will be charged on
basis of more preferential treatment.
Within or after the expiry of leasehold,
priority will be given to leaseholder
for the purchase of land use right according
to the local land price. Local rural collective
bodies may join shares with foreign investors
by evaluation after completing all procedures
required for land use right.
5) Investors who are transferred land
for industrial purpose will be exempted
from land use right transfer fee.
6) The maximum leasehold for indu-strial
purpose will be 50 years. However for
projects with investment amount over 100
million yuan, exceptional hi-tech content,
the land may be re-leased after expiry
of leasehold. Within rated expiry, land
use right may be transferred, mortgaged,
inherited according to law after completing
all necessary procedures.
7) It is allowed that the management institution
of Qingyuan Hi-tech Industrial Pevelopment
Zone and all developers are entitled to
build villas for top staff, residential
district, dormitories according to the
panoramic plan of relating department.
20% of the land requisitioned within the
Zone may be allotted for construction
of public facilities for the staff and
the land for the purpose will be identically
treated at preferential price. Dormitory
buildings may be leased, sold. Those who
have purchased the apartments within the
Zone are entitled to register residence
as urban residents for their accompanying
relatives. All fees will be exempted by
the public security department except
for the expense for certificate.
Administratively Regulated Fee
1) All administratively regulated fees
will be exempted for the newly established
enterprises (including industry, tourism,
industrialized agricultural projects)
except for the part turned over to the
state and province.
2) Fees charged by non-governmental institutions
must be subject to examination and approval
of the price department and permission
of the municipal government. All fees
will be run according to the principle
of opening independent accounts for revenue
and expense respectively. Fees which are
not listed in document numbered Qingfa
[2004]#4 issued by CPC of Qingyuan must
not be charged. Operative and intermediary
service fees should be charged according
to what is stipulated in the No.4 document
. Those which are not listed in the document
should be charged 50% according to the
lowest standard.
3) Investors are encouraged to purchase
land use right, workshop, equipment and
even the proprietorship or the equities
possessed by the state-owned enterprises
for solely-funded operation, expansion,
transfer, or for joint-venture, lease.
The enterprises may be contracted for
operation or be run in co-operative manner
after it is subject to permission. In
the process of change of the proprietor,
no other fees except for the expense for
the certificate will be charged.
4) Foreign investors are encouraged to
engage in processing & assembling
trade. The fee will be charged according
to the lowest standard and the commercial
agent fee has been canceled. With the
permission of the Customs, the domestic
sale ratio of the taxed products may be
raised accordingly.
Insurance
Newly-established enterprises ( includ-ing
old enterprises that newly enroll emplo-yees
for expansion) will carry out step-by-step
insurance policy and the migrant emp-loyees
will be charged per capita as rated.
Tax
1) If local reserve of the business and
corporate income taxes (With deduction
of the amount that should have been levied
by tax and public financial departments
in the past few years) exceeds 1 million
yuan every year within 5 years after the
newly-established productive enterprises
in the Zone are put into operation, with
an annually progressive increase of over
20%, 50% of the local reserve will be
rewarded to developers or enterprises.
If the developer is in the name of development
zone, then the zone will be rewarded.
If the developer is in the name of enterprise,
the enterprise will be directly rewarded
by the public financial department. If
local reserve of the business and corporate
income taxes of the enterprises exceeded
1 million yuan in the previous year, with
an annually progressive increase of over
20% beginning from 2003, then with the
amount in 2001 taken as a base (If the
amount in 2001 was not over 1 million
yuan, it will still be taken as a base.),
50% of the local reserve accrued from
newly-levied taxes will be rewarded annually
to the enterprises. With the approval
of the municipal government, the preferential
tax rewarding treatment expiry may be
extended 5 years for enterprises with
an investment amount in actual operation
over 500 million yuan, or with an annual
output value of 1 billion yuan, or with
taxes levied over 100 million yuan, or
with nation-wide or province-wide trade
marks,or the Fortune Globa/500 enterprises
, or hi-tech enterprises appraised by
the state.
2)The newly-established foreigh-funded
productive enterprises with an operating
period of over 10 years will be exempted
from corporate income tax two years before
the profitable year. The corporate income
tax levied in the following three years
will be reduced 50%. After expiry of the
preferential tax treatment, the corporate
income tax levied over the enterprises
will still be reduced 50% for another
three years if the enterprises still claim
the hi-tech title.
3) With approval of tax department, the
corporate income tax levied over the export-oriented
enterprises with over 70% of its output
value for export in the year will be reduced
50% after expiry of tax exemption and
deduction.
4)The newly-established foreign-funded
productive enterprises with an operating
period of over 10 years will be exempted
from local income tax within the preferential
tax treatment of two-year tax exemption
and three-year reduction. Yet enterprises
with an actual operating period of less
than 10 years, the local income tax that
should have been exempted from for enterprises
over ten years has to be made up. The
local income tax will be exempted for
high-tech enterprises within three years
of half tax reduction according to law.
Local income tax in the year will be exempted
for export-oriented enterprises with 70%
of its output value for export in the
year and with approved preferential corporate
income tax reduction treatment. Enterprises
within Qingyuan High-tech Industrial Development
Zone will be treated with preferential
policies of hi-tech development zone at
provincial level.
5) The personal income tax of foreign
employees' salary will be levied in addition
to reduction of expense of 800 yuan and
reduction of added expenditures of 3,200
yuan.
6) Value-added tax for importing trade
will be exempted for foreign-funded enterprises
importing goods by means of 'processing
& assembling trade'. After the processed
or assembled goods have been exported,
value-added tax for processing or entrusted
processed products or processing fee will
be exempted. Common exporting trade or
exporting trade by means of 'processing
with imported materials' will be granted
preferential tax treatment summed up as
'exemption, offset, and rebate.
7) The operative enterprises may submit
tax-reduction application to local tax
department if they can't temporarily afford
total amount of land use and real estate
taxes.
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