Questions And Answers About Foreign Invested Enterprises (1)

What are the regional and industrial projects invested by foreign invested enterprises, which can be reduced by 24% tax rates?

Answer: in the coastal economic open area (including the special economic zone, the old city in the city where the economic and Technological Development Zone is located), the productive foreign investment enterprises can levy income tax at a tax rate of 24%.

What are the regional and industrial projects invested by foreign invested enterprises and foreign enterprises, which can be reduced by 15%?

　　答：福建省外商投資企業可以減按15％的稅率征稅的范圍包括：　　（1）設在經濟特區的外商投資企業，在經濟特區設立機構、場所從事生產、經營的對、國企業；　　（2）設在經濟技術開發區的生產性外商投資企業；　　（3）設在沿海開放區和福州老市區生產性外商投資企業屬于技術、知識密集型項目或者外商投資額在3000萬美元以上，回收投資時間長的項目，或者屬于能源、交通、港口建設項目；　　（4）從事港口碼頭建設的中對、合資經營企業；　　（5）在經濟特區和國務院批準的其他地區設立的對一資銀行、外資銀行分行、中外合資銀行及財務公司等金融機構，外國投資者投入資本或分行由總行投入營運資金超過1000萬美元，經營期在10年以上；　　（6）被省有關部門認定為高新技術企業的外商投資企業；　　（7）在國務院規定的其他地

Foreign invested enterprises established in the district to engage in state encouraged projects.

Question: what are the preferential policies for the local income tax of Fujian's foreign investment enterprises?

To temporarily exempt Fujian from levying local income tax; (1) to be a high-tech enterprise in the high and new technology development zone of the province of Fujian; (2) to build a product export oriented and technologically advanced enterprise, a power and port port construction project in Fujian province; (3) to establish a foreign-invested enterprise in the Xiamen special economic zone and the Fuzhou economic and Technological Development Zone; (4) to invest in Meizhou Bay; the 30 state-owned farms, forest farms, farms, and coastal island highlands jointly with Taiwan businessmen and foreign businessmen to carry out comprehensive agricultural development. Foreign investors (including Hong Kong, Macao, Taiwan and overseas Chinese) invest in the following areas, industries and projects.

In addition, foreign enterprises in the Fujian coastal economic development zone and the old urban districts of Fuzhou have been exempt from local income tax for 5 years starting from the profit making year.

He asked: how are the interest rates of foreign invested enterprises not paid within the prescribed time limit?

Answer: the interest earned by a foreign invested enterprise investor in a specified period of time, which has not paid the full amount of the capital it paid, is equivalent to the interest payable on the difference between the paid capital of the investor and the capital payable within the prescribed time limit.

Question: how should the assets revaluation of foreign-invested enterprises be reorganized or merged into joint stock enterprises?