fiscal supporting policies

Author:佚名  From:Investment Information Network of Guizhou Time:2016-03-02 Browse:  Size: Big Middle Small

If the external-invested enterprise already registered in the industrial parks in Guizhou and its investment is above 10 million Yuan (including 10 million Yuan),during the first 3 years since the operation time, its paid tax kept by the local fiscal department(under the provincial level) will be fully refunded to the enterprise in form of technological reconstruction input. The tax will be half refunded to the enterprises during the 3rd to the 5th operation time. If the external investor reinvest his profit to the enterprise, the part would be treated as new investment and the specific encouraging provisions are to be formulated by the local government.

The province encourages the private enterprises to supply the auxiliary products to the big enterprises or groups outside the province. Interest subsidy and loan guarantee will be granted to these specialized enterprises who has signed supply contract with the big enterprises or groups. If the enterprise that has 40% local product supply or its local product supply grow at an annual rate of 10%,the government will earmark the special provincial fund for industrial and information development to reward the enterprise.

The private enterprise is encouraged to build industrial parks. The government will earmark 10 million Yuan for industrial and information development to reward the enterprise if one park achieves the provincial standards set for the private industrial parks.

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