(1) Preferential tax policies for imports
1. For enterprises with foreign investment to produce <; < National catalogue of high-tech products > > Self-use equipment required for the import of products and technologies, accessories and spare parts imported with the equipment according to the contract, except <; < Catalogue of imported goods that are not tax-free for domestic investment projects > > Except for the goods listed in, customs duties and import value-added tax are exempted.
2. The introduction of foreign-invested enterprises belongs to <: < National catalogue of high-tech products > > The listed advanced technologies and software fees paid overseas according to the contract are exempt from customs duties and import value-added tax.
3. For the technological transformation of established encouraged and restricted B-type foreign-invested enterprises, foreign-invested research and development centers, advanced technology-based and export-oriented foreign-invested enterprises, self-use equipment and its supporting technologies, accessories and spare parts that cannot be produced in China or whose performance cannot meet the needs can be imported within the original approved production and operation scope, according to <; < Notice of the State Council on Adjusting the Tax Policy for Imported Equipment > > (Guo Fa [1997] No.37) is exempt from import duties and import value-added tax.
4. The research and development centers set up by foreign-invested enterprises can import self-use equipment and its supporting technologies, accessories and spare parts that cannot be produced in China or whose performance can not meet the needs within the total investment, according to <; < Notice of the State Council on Adjusting the Tax Policy for Imported Equipment > > (Guo Fa [1997] No.37) is exempt from import duties and import value-added tax.
(2) Preferential tax policies for exports
(For details, please refer to the Collection of Preferential Tax Policies for Foreign-funded Enterprises).
(3) Preferential tax policies for income tax
1. Foreign-invested enterprises and foreign enterprises subsidize research and development funds of unrelated scientific research institutions and institutions of higher learning, refer to <; < Income Tax Law of the People's Republic of China on Enterprises with Foreign Investment and Foreign Enterprises >: > The tax treatment method of donation can be deducted in full when the funded enterprise calculates the taxable income of the enterprise (Caishuizi [1999] No.273).
2. If the technology development expenses incurred by foreign-invested enterprises in China in the year of technology development increased by more than 10% (including 10%) compared with the previous year, it is allowed to deduct the taxable income of the current year by 50% of the actual amount of technology expenses in that year after examination and approval by the tax authorities.
3. From 1999 1 month 1 day, it will start from < < Detailed Rules for the Implementation of the Income Tax Law of the People's Republic of China on Enterprises with Foreign Investment and Foreign Enterprises >: > Article 73 Paragraph 1 (1) (3) stipulates that the productive foreign-invested enterprises engaged in energy, transportation and port construction projects may be subject to a reduced income tax rate of 15% after being approved by State Taxation Administration of The People's Republic of China, and the original provisions can only be enjoyed within the scope of foreign-invested enterprises located in coastal economic development zones, special economic zones and old urban areas of cities where economic and technological development zones are located or in other areas specified by the State Council.
4. Withholding income tax shall be exempted for the rent paid in the aircraft leasing contract signed by Chinese airlines and foreign investors before 1 September 1999 1 day. The rent paid in the aircraft leasing contract signed after1September 19991day shall be paid according to < < Income Tax Law of the People's Republic of China on Enterprises with Foreign Investment and Foreign Enterprises >: > And the detailed rules for its implementation. The tax shall be withheld and remitted by civil aviation enterprises in accordance with the relevant provisions of the tax law.
5. Enterprises with foreign investment encouraged by the state located in the central and western regions may be subject to enterprise income tax at a reduced rate of 15% within three years after the expiration of the current preferential tax policies.
(4) Preferential tax policies for business tax.
(For details, please refer to the Collection of Preferential Tax Policies for Foreign-funded Enterprises).