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1. For newly registered investment projects
with fixed assets over 10 million or above (including fund
adding or production enlargement or requested to move under
the city development plan, excluding moving within the city
or closing the old to open the new projects. Same with hereinafter
referred), within 5 years from the tax day, the enterprise
shall be granted from the Sci-tech Development Special Fund
on the amount equals 100% retained ratal by local revenue
on the added ratal (income tax, VAT and operation tax levied
on the enterprise) by the previous year for the first two
years, and 50% for the next three years, as technology development
subsidy for the enterprise to support its growth.
2. New and hi-tech enterprises (certified
by sci-tech authority of at least provincial level), within
5 years from the tax day, shall be granted from the Sci-tech
Development Special Fund on the amount equals to 100% retained
ratal by local revenue on income tax, VAT and operation
tax levied, as technology development subsidy for the enterprise
to support its growth.
3. The existing enterprises with business
volume over 5 million shall be granted within 5 years from
the Sci-tech Development Special Fund on the amount equals
to 50% of retained amount by local revenue on the ratal
(income tax, VAT and yearly added ratal of operation tax
levied), as technology development subsidy for the enterprise
to support its growth.
4. For new and hi-tech enterprises certified
by province or the state, and those industry projects with
more than 20 million investment, its due management fee
for land taking and plantation assart fee shall be levied
by half; In addition, the municipal finance shall appropriate
for special subsidy for environmental protection for the
enterprise from the Sci-tech Development Special Fund an
amount equals to 50% of the retained ratal of plantation
tax by local revenue, to support its growth.
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