Taiwan Enterprises: The Investment Limit For Mainland China Has Been Pferred To 60% Since August 1St.
The "Executive Yuan conference" of the Taiwan authorities today discussed the adoption of the "plan for easing the maximum amount of investment in mainland China and examining the facilitation scheme". The investment of non small and medium enterprises in mainland China in Taiwan has been relaxed to 60% of the net value or the net value of the merger. The investment limit for individuals to invest in the mainland has been relaxed from the current NT $80 million to $5 million a year, which has been implemented since August 1st.
According to Taiwan media reports, the "Executive Yuan" of the Taiwan authorities issued a press release after the meeting, pointing out that the upper limit of investment volume for Taiwan manufacturers to invest in the mainland will be relaxed and relaxed according to individual, small and medium enterprises and non small and medium-sized enterprises.
The individual will be relaxed from the current NT $80 million to $5 million per year.
There are two choices for small and medium enterprises: the maximum limit of 80 million yuan for new NT dollars, or 60% of net value and net value of consolidation.
Non small and medium-sized enterprises will be relaxed to net or consolidated net value by 40%, 30% and 20% of the current net or consolidated net value. However, the certificate of operation headquarters issued by the "industry bureau" issued by the Taiwan authorities will not be restricted by the multinational companies in the Taiwan area.
In the future, it will be more convenient for Taiwan enterprises to invest in mainland China. The executive yuan of the Taiwan authorities pointed out that the application for investment under the US $1 million can be declared within 6 months after the implementation of the investment. The cumulative amount of the case is more than 50 million dollars before the project review is carried out.
The whole relaxation scheme will be implemented in August 1st after the relevant "decrees" amended by the Ministry of economic affairs and the "golden rule society" within two weeks.
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