Preferential Policies on Shenyang Agricultural New and Hi-tech Development Zone
I. Preferential Policy on Land
(1) Development Zone can provide land in form of transfer or lease for domestic and foreign capital project in the development zone. The service life of the land provided is 50 years in maximum.
(2) Preference of proper deduction and exemption can be given to land price and land compensation according to project scale and technological content as well as the driving effect of on development zone.
(3) Encourage the investors from home and abroad to develop by chartered plot in the development zone, set up ＾garden in zone￣ or establish general workshops. If the development of the chartered plot in development zone is before 2004, preference can be given on fee for assignment of land. Transfer of land by developers is permitted and the benefit of which belongs to the developers themselves.
II. Preferential Policy on Expenses of Taxation
(1) 100% of the value-added tax paid by enterprises in development zone for locality will be awarded to enterprises in the first and second years and 50% of that will be awarded to enterprises for infrastructure construction and new products development from the third to the fifth years.
(2) The enterprise income tax paid by foreign investors in the development zone can enjoy the state tax policy of ＾Exempting Two, Deducting Three￣, which means the productive enterprises whose operation period is over ten years enjoy the exemption of the enterprise income tax in the first and second years from their profit-making year, and from the third to fifth years paying half of the enterprise income tax. In terms of the stipulation of Tax Law, the export enterprises, after the expiration of exemption and deduction period, whose output value of exports reaches above 70% of that of enterprises that year, can pay half of the enterprise income tax according to the tax rate formulated by Tax Law. The advanced technology enterprises continue to be affirmed by relevant departments can pay half of the enterprise income tax for another three years.
(3) Domestically-funded enterprises developing project in development zone (investment is above RMB 20 million yuan) can gain the enterprise income tax paid for locality in the first and second years, and 50% of which from the third to the fifth years.
(4) The enterprises engaging in plant production, forestry and horticulture, from the income year, the specialty fee can be exempted in the first to the third years, and pay half of the same fee during the fourth and the sixth years.
(5) To the self-producing products by the agricultural producers engaging in the plant production, livestock breeding, forestry, fishery, the value-added tax can be exempted.
(6) The new projects in the development zone since 2002 can have the exemption of the infrastructure supporting expenses as well as the water capacity-added fee within two years as well as the land mapping fee, water and land facilities compensation fee collected for locality.
(7) The imported seeds (seedling), breeder (fowl), fish seed (fry), non-profit seed source for breeding of wild animal and plant as well as the partial kinds of production materials such as fertilizer, pesticide, feedingstuff and mulching film which are listed in the state annual plan, can have the exemption of imported-link value-added tax according to relevant procedure.
III. Special preference
(1) To the agricultural new and hi-tech enterprises and large industrialized leading projects in the Agriculture Development Zone, according to the project condition, a certain quantity of loan interest payment support and infrastructure subsidy is given.
(2) Enterprises in the development zone may pay zero tax except for the expenses of taxation, which must be collected according to the stipulation of the state.
(3) In the aspect of examination and quarantine of animals and plants, the enterprises in the development zone can gain the help given by the development zone on going through the quarantine procedure.
(4) Technologists and the persons studied abroad who take technology, project to set up enterprises or scientific research institute in the development zone, can be given more preference on land transfer, tax payment, capital and the life condition etc.
IV. Award Policy for middlemen (intermediary organs)
(1) Project whose capital-attracted amount is above USD 10 million (include USD 10 million), or RMB 0.1 billion yuan (including RMB 0.1 billion yuan) is to be awarded 5° of the actual investment.
(2) Project whose capital-attracted amount is under USD 10 million and above USD 5 million (including USD 5 million), or RMB under 0.1 billion yuan and above 50 million yuan (including RMB 50 million yuan) is to be awarded 3° of the actual investment.
(3) Project whose capital-attracted amount is under USD 5 million, or under RMB 50 million yuan and above RMB 5 million yuan (including RMB 5 million yuan) is to be awarded 2° of the actual investment. |
