1."Five exemptions and five reductions". Engaged in energy and transportation construction projects such as airports, ports, highways and power stations.

Enterprises with foreign investment shall be subject to enterprise income tax at a reduced rate of 15%. Among them, if the operating period is more than 15 years, the

When an enterprise applies for and is approved by the tax authorities, it shall be exempted from enterprise income tax from the first year to the fifth year.

From the sixth year to the tenth year, the enterprise income tax will be halved.

2. "Two exemptions and three reductions". Sino-foreign joint ventures, Sino-foreign cooperative ventures and foreign investment in Pudong New Area

The income from production, operation and other income of productive enterprises invested and operated by businessmen shall be levied at the reduced tax rate of 15%.

Enterprise income tax. Among them, if the operating period is more than 10 years, it will be obtained from the beginning after the application of the enterprise and the approval of the tax authorities.

From the profit-making year, the enterprise income tax will be exempted in the first and second years, and the enterprise income will be halved in the third to fifth years.

Tax.

3. "One free and two halved". Foreign banks, branches of foreign banks, Sino-foreign joint venture banks and finance companies, etc.

The capital of a foreign investor in a financial institution or the working capital allocated by the head office of a branch exceeds10 million USD, operating

If the term is more than 10 years, the income from its business operations will be reduced by 15% upon the application of financial institutions and approval of tax authorities.

Pay enterprise income tax at the tax rate and be exempted from enterprise income tax in the first year, the second year and the third year from the profit-making year.

Income tax will be halved.

4. Tax reduction for two types of enterprises. Product export enterprises in accordance with the provisions of the state after the expiration of enterprise income tax relief, where enterprises

If the output value of export products reaches more than 70% of the output value of enterprise products in that year, the enterprise income shall be levied at the reduced rate of 10%.

Tax. After the expiration of the enterprise income tax reduction or exemption for advanced technology enterprises in accordance with state regulations, it can be extended for 3 years by 10%.

Corporate income tax is levied at the tax rate.

5. Dividends, interests and rents from Pudong New Area for foreign investors who have no establishment in China.

Royalties and other income, except those exempted from income tax according to law, shall be collected at a reduced rate of 10%.

Get tax. Among them, those who provide funds, equipment or transfer advanced technology on preferential terms need to be given more reduction.

Or exemption from preferential treatment, shall be decided by the Shanghai Municipal People's Government.

6. Foreign investors in Chinese-foreign equity joint ventures remit their profits from the enterprises abroad, which shall be exempted from foreign exchange.

The amount of income tax.

7. Foreign investors reinvest their profits from enterprises in their own enterprises or other enterprises with foreign investment.

, or the establishment of a new foreign-invested enterprise with an operating period of not less than 5 years shall be returned upon application and approval by the tax authorities.

40% of the enterprise income tax has been paid for the reinvested part.

Re-investment in the establishment or expansion of product export enterprises or advanced technology enterprises with an operating period of not less than 5 years shall be refunded.

All enterprise income tax paid for the reinvested part.

● Local income tax and property tax policies

Before the end of 2000, foreign-invested enterprises in the new area will be exempted from local income tax.

Newly built houses for self-use built or purchased by foreign-invested enterprises in the new area, starting from the month of completion or purchase,

Exempt from property tax for 5 years.

● Tariff policy

Where1March 3, 19961before the establishment of foreign-invested production enterprises, the production equipment for the project's own use, continue

Enjoy the preferential treatment of exemption from import duties and import link taxes.

For foreign-invested projects approved by the state from 1 April 19961day to1February 3 1 day,

And 1995 1 month 1 day to 19971February 3 1 day using loans from foreign governments and international financial organizations.

Imported equipment, starting from 1998 1 month 1 day, except for the Catalogue of Imported Commodities Not Duty Free for Foreign-invested Projects.

Except for imported goods that are not duty-free, import duties and import value-added tax are exempted.

In addition, the State Council City, China decided to comply with the Catalogue of Industries with Foreign Investment from 1998 1 month/0/day.

Foreign-invested projects that encourage and restrict Class B and transfer technology, self-used equipment imported within the total investment,

Except for the commodities listed in the Import Catalogue of Foreign-invested Projects that are not duty-free, import duties and import links shall be exempted.

Value tax. Self-use equipment imported from foreign government loans and loans from international financial organizations, and processing trade provided by foreign investors.

The imported equipment that is not priced shall be exempted except for the goods listed in the Catalogue of Imported Goods that are not exempted from tax for foreign investment projects.

Impose import duties and import value-added tax.

● Special approval policy

1.It is allowed to select foreign investors from representative countries and regions in Pudong New Area and try out 3-

Four Sino-foreign joint venture foreign trade enterprises, the specific plan put forward by Shanghai, approved by the Ministry of Foreign Trade and Economic Cooperation business scope and trade.

Easy amount, submitted to the State Council for approval.

2. Foreign-funded bridge bonded zone can carry out bonded business activities other than retail business, and

Gradually expand trade in services.

3. Allow the first pilot in Pudong, and allow foreign banks to operate RMB business, and enter foreign banks in Pudong.

Will get priority.

4. Upon the approval of the People's Bank of China, foreign-funded financial institutions registered in Lujiazui can

To set up branches in Puxi and Waifangqiao Bonded Zone, you can set up several foreign and Chinese companies in Pudong New Area.

Joint venture insurance institution.