A: In accordance with the “Provisions on Guiding Foreign Investment Direction”, any of the following projects is restricted:
1) those that lag behind in technology;
2) those that does not do favor to the frugality of power and improvement of ecological environment;
3) those that are concerned with special exploration and mining protected by the state and in [...]
A: The policies and measures for China western development apply to such regions as Chongqing City, Sichuan Province, Guizhou Province, Yunnan Province, Tibet Autonomous Region, Shaanxi Province, Gansu Province, Ningxia Hui Autonomous Region, Qinghai Province, Xinjiang Uygur Autonomous Region (where the Xinjiang Production and Construction Formation is listed separately), Inner Mongolia Autonomous Region, and Guangxi [...]
A: In accordance with the provision of the “Guiding Directions for Foreign Investor to Invest”, the projects China encourages foreign investors to invest in are listed as follows principally:
1. those that are categorized as advanced new technology for agriculture, agriculture integrated development, power, traffic transportation, and important raw materials;
2. those that are categorized as advanced [...]
A: Enterprises with foreign investment enjoy following preferential policies:
1. Manufacturing enterprises with foreign investment, whose operation period is over ten years, enjoy an exemption of enterprise income tax for the first two years starting from profit year, and a reduction of 50% the enterprise income tax from the third year to the fifth year (hereinafter [...]
A: (1) Income Tax
Income tax rate: The current rate of income tax imposed upon foreign investment enterprises is 33%, though it is set at the lower rate of 15% in special economic zones, national hi-tech industrial zones and national grade economic and technical development zones. In coastal regions and provincial capitals the rate is 24%.
Tax-reducing [...]
A: Branch Offices
A branch office in China is one that is used for business purposes for which the main company office holds responsibility. It is not a legal entity and it can only carries out liaison and coordination work. Such a situation would involve the existence of an offshore “parent”, the People’s Republic of China [...]
