For existing encouraged foreign-invested enterprises, advanced technology-based foreign-invested enterprises or product export-oriented foreign-invested enterprises (hereinafter referred to as the three types of enterprises) to carry out technological transformation, the total amount of investment shall be used within the original approved production and operation scope. Use other than self-owned funds to import self-use equipment that cannot be produced in China or whose performance cannot meet the needs and its supporting technology, accessories, and spare parts (including those imported with the equipment or imported separately) to update the original equipment of the enterprise (excluding complete sets of equipment and production lines) For maintenance or repair, imported equipment can apply for exemption from import duties and import link taxes in accordance with the provisions of the "Notice of the State Council on Adjusting Tax Policies for Imported Equipment".

Application Procedure

1. The three types of enterprises approved by the District (County) Commerce Commission\Economic Commission shall apply to the original approval authority and submit relevant materials. The District (County) Commerce Commission\ After the preliminary review by the Economic Commission, it will be forwarded to the Shanghai Municipal Commerce Commission for review;

Three types of enterprises approved by the Shanghai Municipal Commerce Commission must first apply to the local (county) Commerce Commission\Economic Commission or the Development Zone Management Committee and Submit relevant materials; after preliminary review by the district (county) Commerce Committee\Economic Committee or Development Zone Management Committee, they will be forwarded to the Shanghai Municipal Commerce Commission for review.

2. The Shanghai Municipal Commerce Commission will determine the amount of self-owned funds that can be used to import equipment within one year from the date of application to qualified enterprises, and issue an "Approval Letter for Technical Transformation of Imported Equipment for Foreign-Invested Enterprises";< /p>

3. If the imported equipment for technical transformation is a complete equipment assembly line or the amount of foreign exchange used for technical transformation exceeds 60% of the original production value, the Category III enterprise must prepare a feasibility study report on the technical transformation project and submit it to the original approval agency of the enterprise. After approval, the Shanghai Association of Enterprises with Foreign Investment will issue a "Technical Transformation Project Confirmation Registration Certificate" based on the approval document of the original approval agency, and the enterprise will use this to go through the import procedures with the customs;

4. The third category of enterprises holds the "Foreign-invested Enterprise" "Approval Letter for Imported Equipment for Technical Transformation" and a list of imported commodities (the name, specification, quantity, amount and customs import tariff number of the equipment, accessories, spare parts must be listed in duplicate) to the Shanghai Association of Enterprises with Foreign Investment for imported equipment batch review procedures. The Shanghai Association of Enterprises with Foreign Investment shall review and issue the "Certificate of Imported Updated Equipment, Technology and Accessories for Foreign-Invested Enterprises" within the quota and validity period approved by the Shanghai Municipal Commerce Commission, and enterprises can use this to handle import procedures with the customs;

< p>5. After Category III enterprises obtain the "Approval Letter for Imported Equipment for Technical Transformation of Foreign-Invested Enterprises", they need to import goods that are included in the "Catalogue of Imported Commodities Not Exempted from Duty Free for Domestic Investment Projects". If it is true that the performance of domestic similar products cannot meet the requirements If necessary, the national industry authorities responsible for the centralized management of such products shall review and issue a "Certificate for Equipment Updates or Technical Transformations of Foreign-Invested Enterprises to Import Similar Equipment That Cannot Be Produced Domestically".

Enterprises must rely on the "Approval Letter for Imported Equipment for Technical Transformation of Foreign-Invested Enterprises", "Certificate of Equipment Updating or Technical Transformation of Foreign-Invested Enterprises to Import Similar Equipment that Cannot Be Produced in China", "Foreign-Invested Enterprises to Import Updated Equipment, Technology and Complete the tax-free approval procedures for equipment and supporting technology with the Customs by submitting the Equipment Parts Certificate or the Technical Transformation Project Confirmation and Registration Certificate, as well as contracts, import licenses and other relevant information.

Application materials

1. Application form for approval of imported equipment for technological transformation by foreign-invested enterprises;

2. Application report for imported equipment for technological transformation by enterprises (the application should be clearly stated Reasons, main content of technological transformation, purpose of imported goods and source of funds, total amount of self-owned funds, applied for foreign exchange quota, validity period, etc.) and the preliminary approval opinion of the original approval authority;

3. "Product "Export Enterprise" or "Advanced Technology Enterprise" confirmation certificate (copy); or "Confirmation Letter of Foreign Investment Projects Encouraged by the State" (copy);

4. Special audit report on the enterprise's "own funds" ;

5. Enterprise approval certificate, business license (copy);

6. List of imported equipment for technical transformation that has been approved over the years (including date, number, nature of funds, freedom Amount of funds, amount of foreign exchange);

7. (If the imported goods contain supporting technology for imported equipment) Special description of the imported technology (in duplicate);

8. If If the imported equipment for technological transformation is a complete equipment assembly line or the amount of foreign exchange used for technological transformation exceeds 60% of the original production value, a feasibility study report on technological transformation must be submitted.

9. Other materials required to be submitted by the examination and approval authority.

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