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| Your position£ºHomepage > Policy > Preferential Policies |
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¡¡¡¡1.An enterprise can enjoy preferential
policies granted by the State.the provincial Government and the Municipal
Government.
¡¡¡¡2.The confirmed hi-tech enterprises within the park shall enjoy
the preferential policies stipulaterd by Hangzhou Hi-tech industry
Development Zone.The procedure and condition for the qualification
of hi-tech enterprises refer to "the Detailed Regulations of
Hangzhou Hi-tech industry Development Zone.The procedure and condition
for the qualification of hi-tech enterprises"(ZKHF [1993] No.128).
¡¡¡¡3.An enterprise can obtain the paid land use right at a favorable
prices decided by Administrative Committee of the park according to
industry structure,enterprise scale,technologic amount and tax payment
of the enterprise.
A recognized hig-tech enterprise of the municipallevel cn enjoy a
priference of 5% - 15% off land price.
An enterprise ,expropriating land more than 50 mu at the same time
and the investment value over30 million RMB,can use land only with
30% total payment,pay a 40%within one week after obtaining land license,and
pay the rest within oneyear after the land offering, As for investors
outside the district (development project encouraged by the district)
can transact land use procedures after 50%of total payment.
¡¡¡¡4. A recognized high-tech enterprise can enjoy free usage of standard
plants in the first year,50% payment in the second year,70%payment
in the third year.Retrrned overseas students abd scholars with high
and new tech projects can enjoy free residence for 2 years and half
free at the third year.
¡¡¡¡5.Concerning manufacturing or high-tech projects with an operation
term over 10 years,from the first profit-making year,the enterprise
income tax will be 100% exempted for 2 years,From the third to the
fifth year,100% of the income tax(refered to the part left to local
)paid could be subsidized by the district tax authority .From the
sixth to the tenth year, a maximum of 50% of the income tax paid could
be subsidized by the district tax authority .As for the imported own-use
machinery and equipment in accordance with the total investment of
the company,the tariff and import VAT could be 100% subsidized by
the local tax authority ,through the refund of paid tax after the
starting of business poeration.
¡¡¡¡6. Encourage foreign investors to increase capital or shares.if
a manufacturing enterprise increased investment or registered capital
,the profit of the increased part can enjoy preferential policees
of the projects of the same kinds.
A foreign investor who reinvests his profits share to this company,to
increase the registered capital or to establish anew company with
an operation term not less than 5 years, the 40% of the paid income
tax of the reinvestment share could be refunded.Further more ,a maximum
subsidy of 30% of hte paid income tax could be granted by the tax
authority.
As for the foreign capital inceased over USD 0.8 million(only for
high-tech enterprises )with a minimum operation term of 5 years,100%
of the paid income tax for the invreased share could be refunded.
¡¡¡¡7.The enterprise runners and their families from other parts of
the country may move their domicile registraion into Hangzhou according
to current policies.Their children can go to school as the same of
citizens of Shangcheng District.The District personnel department
also gives priority to talents attracted by enterprises in the park. |
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