1. Preferential treatment for productive foreign-invested enterprises. For productive foreign-invested enterprises with an operating period of more than 10 years, the enterprise income tax shall be exempted in the first and second years from the profit-making year, and the enterprise income tax shall be halved in the third to fifth years. However, the exploitation of oil, natural gas, rare metals, precious metals and other resources shall be separately stipulated by the State Council. If the actual operating period of a foreign-invested enterprise is less than ten years, it shall pay back the enterprise income tax that has been exempted or reduced.

2. Foreign-invested enterprises recognized as high-tech enterprises established in the high-tech industrial development zone within the national high-tech industrial zone determined by the State Council may be subject to enterprise income tax at a reduced rate of 15%. There are five national high-tech industrial development zones in Shandong Province: Jinan, Qingdao, Weihai, Weifang and Zibo.

3. Foreign investors who reinvest in a foreign-invested enterprise enjoying preferential tax refund will directly invest in the enterprise to increase its registered capital, or set up other foreign-invested enterprises as capital investment for a period of not less than 5 years. Upon the application of investors and the approval of tax authorities, 40% of the reinvested income tax will be refunded. If a foreign investor directly reinvests to establish or expand an export enterprise or an advanced technology enterprise in China, it may fully refund the enterprise income tax paid for the reinvested part in accordance with the relevant regulations of the State Council.

2. What is a Sino-foreign joint venture?

1. Chinese-foreign equity joint ventures or individuals and companies, enterprises or other economic organizations in China jointly invest and set up in China. It is characterized in that all parties to the joint venture * * * jointly invest, * * * jointly operate, * * * bear risks, and * * * make profits and losses according to their respective investment proportions. The capital contribution of each party is converted into a certain proportion of capital contribution, and the proportion of capital contribution of the foreign party is generally not less than 25%.

2. Characteristics of Sino-foreign joint ventures:

(1) The main party of a joint venture is a company or other economic organization in China; The other party is a foreign company, enterprise or other economic organization or individual.

(2) Within the territory of China, it has obtained the legal person qualification according to the laws of China and is a legal person in China. The laws and regulations of China must be observed.

(3) It is a limited liability company.

(4) The parties to a joint venture shall share profits, risks and losses in proportion to their registered capital on the principle of equality and mutual benefit.

Three. Principles of establishing Sino-foreign joint ventures

1, the principle of national sovereignty. Namely, the principle of inviolability of national jurisdiction. The establishment, operation and termination of the enterprise; We must abide by China's legal concept.

2. The principle of protecting the legitimate rights and interests of investors. Foreign capital, industrial property rights and personal rights are inviolable; According to the law, the profits are remitted abroad.

3. The principle of equality and mutual benefit. Mainly reflected in the settlement of the investment relationship between the two parties, whether to follow the rules stipulated in the contract and articles of association to deal with the problem.

4. The principle of reasonable profit. Reasonable concessions are mainly made by the government in the development of joint ventures. A supportive policy adopted in a specific era, such as investment preference, tax reduction and exemption, raw material import, product export, foreign exchange use, etc.

5. Follow the principles of international rules. Such as organizational form, management mode, corporate finance, etc.

The above is the relevant content of preferential tax policies for Sino-foreign joint ventures compiled for you. In order to keep up with the trend of the times, China has given great policy support to the establishment and operation of Sino-foreign joint ventures, such as giving these enterprises certain tax breaks and tax rebates.