(1) The income tax rate of foreign-invested enterprises in the Special Zone is 15%. Productive enterprises with an operating period of more than 10 years shall be exempted from enterprise income tax for two years and levied enterprise income tax by half for three years from the profit-making year. After the expiration of the period of exemption or reduction of enterprise income tax in accordance with the provisions of the tax law, if the output value of export products in that year reached more than 70% of the output value of enterprise products in that year, the enterprise income tax will be levied at a reduced rate of 10%; Advanced technology enterprises established with foreign investment are still advanced technology enterprises after the expiration of the period of exemption or reduction of enterprise income tax in accordance with the provisions of the tax law, and the enterprise income tax is levied at the reduced rate of 10%.
Scientific and technological development, geological survey, industrial information consultation, production equipment, precision instrument maintenance service industry and transportation industry (excluding passenger transport) with an operating period of more than 10 years shall be exempted from enterprise income tax for two years and levied at a half rate for three years from the profit-making year after the application of the enterprise and the approval of the tax authorities.
Foreign-funded, Sino-foreign joint venture banks and other financial institutions, where foreign investors have invested more than US$ 6,543,800+or their branches have been allocated by the head office for more than 654.38+0 years, shall be exempted from enterprise income tax for 654.38+0 years upon the application of the enterprise and the approval of the tax authorities.
Foreign investors in product export enterprises and advanced technology enterprises shall be exempted from income tax on the remitted amount when remitting enterprise profits abroad.
(2) If a foreign investor of a foreign-invested enterprise directly reinvests the profits obtained from the enterprise, increases the registered capital or establishes other foreign-invested enterprises as capital investment for a period of not less than five years, 40% of the enterprise income tax paid for the reinvested part shall be refunded upon the application of the investor and the approval of the tax authorities. Among them, if the operating period is not less than 5 years, and if the product export enterprise or advanced technology enterprise is reinvested and expanded with the approval of the tax authorities, all the enterprise income tax paid by the reinvested enterprise will be refunded. If the reinvestment is less than 5 years and the investment is withdrawn, the refunded enterprise income tax will be refunded.
(3)1If the tax burden of value-added tax, consumption tax and business tax applied for by a foreign-invested enterprise approved for establishment before the end of 993 is increased due to the tax reform, the enterprise shall refund the tax paid due to the increase in tax burden within the approved operation period of not more than 5 years after the application of the tax authorities.
Export products produced by foreign-invested enterprises established after1October 1994+ 1, established before 1993 12 3 1, 1994 1.
(4) The annual local income tax paid by foreign-invested enterprises shall be returned in full by the financial department at the same level of the enterprise tax authority, and the term shall be extended to the end of 1998.
Foreign-invested infrastructure projects such as ports, docks, highways and bridges, export enterprises and advanced technology enterprises, as well as productive enterprises with an operating period of more than 10 years, shall be exempted from local income tax during the period of enterprise income tax reduction or exemption.
(5) Foreign-invested enterprises recognized as high-tech enterprises by Guangdong Provincial Science and Technology Commission enjoy preferential treatment for high-tech enterprises of Guangdong Provincial Government.
(6) Property owned by foreign-invested enterprises shall be exempted from property tax for three to five years from the month of purchase or new construction.
(7) Enterprises with foreign investment newly established or increased their capital after1July +0, 1997 shall enjoy the following preferential treatment:
Foreign-invested industrial and agricultural productive projects with an operating period of more than 10 years shall be exempted from enterprise income tax from the profit-making year to the second year; The enterprise income tax paid in the third to fifth years belongs to the local fiscal revenue. Upon the application of the enterprise and the approval of the financial department at the same level of the enterprise tax authority, it will be returned in full year by year.
If foreign investors invest in infrastructure such as ports, docks, highways and bridges, and the operation period exceeds 15 years, enterprise income tax will be exempted from 1 year to the fifth year from the profit-making year, and enterprise income tax will be halved from the sixth year to 10 year.
For foreign-invested high-tech development projects, within the total investment, the customs duties and import value-added tax paid by imported production equipment can be used for local taxes paid by enterprises or new enterprise income tax paid by enterprises after capital increase after confirmation by the Municipal Finance Bureau, which will be refunded by the Municipal Finance in three years for the expansion and reproduction of enterprises.
Investors in industrial and agricultural production projects increase their investment in existing enterprises. After the actual investment of capital increase, in addition to enjoying the original preferential treatment, the profits generated by capital increase (referring to the part that can be accounted for separately) are exempted for 2 years after the application of the enterprise, audited by the tax authorities and approved by the financial department, and the enterprise income tax is levied at half for 3 years. Article 3 Enterprises with foreign investment shall enjoy the following financial benefits:
(1) Credit funds of domestic financial institutions mainly support product export enterprises, advanced technology enterprises and large foreign exchange earning enterprises, as well as productive enterprises with a total investment of more than 5 million US dollars.
(2) Foreign-invested enterprises borrowing from foreign banks abroad or in China are not restricted by the national foreign debt index, but can register with the foreign exchange administration department within 15 days after the signing of the loan contract and obtain the foreign debt registration certificate.
(3) When a foreign-invested enterprise lends money to an overseas bank, with the approval of the foreign exchange administration department, domestic financial institutions may provide credit guarantee for it within the scope of controlling the ratio of assets to liabilities. Foreign-invested enterprises can handle mortgage loan business with their own assets.
(4) With the approval of the foreign exchange administration department, a foreign-invested enterprise may apply to a bank engaged in foreign exchange business for opening a foreign exchange capital account and a settlement account; You can keep the highest balance of cash in your cash account, and all your foreign exchange earnings can be settled or you can keep the highest amount of cash. Foreign exchange receipts and payments under the current account of foreign-invested enterprises can be handled directly at the bank where they open the account, or they can entrust banks to enter the foreign exchange trading center to adjust foreign exchange or RMB surplus and deficiency.