Tianjin xiqing economic development area (referred to as Xiqing Development Zone, referred to as XDA) 1992 was established with the approval of Tianjin Municipal People's Government, and it is an economic region enjoying preferential policies of the national special economic zone.

General tax for foreign enterprises

1. If the actual operating period of a productive foreign-invested enterprise exceeds 10 years, the enterprise income tax will be exempted in the first and second years from the profit-making year, and the income tax will be halved in the third to fifth years, and the local income tax will be exempted.

2. If the export-oriented enterprises export more than 70% of their products in that year, the enterprise income tax will be levied at the reduced rate of 10%.

Tax preference for high-tech enterprises

After the expiration of the income tax exemption period, if it is still an advanced technology-based enterprise after confirmation, it can be postponed for three years and pay enterprise income tax at a reduced rate of 10%.

Reinvestment tax (tax refund)

A foreign-invested enterprise that reinvests its profits in the enterprise to increase its registered capital or newly set up an operation period of not less than 5 years may, with the approval of the tax authorities, refund 40% of the income tax paid for the reinvested part; If the above-mentioned investment is invested in an export enterprise or an advanced technology enterprise with an operating period of not less than 5 years, the income tax paid on the reinvested part can be fully refunded with the approval of the tax authorities.