orrowed for production purpose conforming to the regulations, use
up to 80% of the newly added profit to repay the loans before tax.
Further, for enterprises which gain substantial foreign exchange or
introduce substantial technology, the pre-tax loan repayment ratio
may be raised upon approval by the tax authorities.
@@ Article 5. Upon approval, Associated Enterprises may be
permitted to adopt higher depreciation rates for fixed assets and
shorter period of depreciation than those of the enterprises of the
same classification out of the Development Zone.
@@ Article 6. The production value and profits of an inland
Associated Enterprise may be complied, pro-rata, to the local
revenue of the parties to the enterprises. After-tax profits of an
inland Associated Enterprises may be remitted out of the Development
Zone.
@@ Article 7. The raw materials, components, parts and accessories,
etc. imported by an inland Associated Enterprise for manufacture of
products for export may be treated as bonded goods subject to
supervision by the Customs office. Where the products manufactured
with the above-said goods are exported, the imported raw
materials and parts will be exempted from the customs duty and
product tax (value-added tax); Where the products using the materials
and parts are sold on the domestic market, the enterprise shall be
obliged to pay the customs duty.
@@ Article 8. Building materials, production equipments and
reasonable amount of office supplies an transportation vehicles
imported by an inland Associated Enterprise solely for its own use
shall be exempted from customs duty and product tax (value added tax).
Exports manufactured by an inland Associated Enterprise shall be
exempted from the export duty.
@@ Article 9. the products of the enterprise to be exported
which was processed out of the Development Zone or assembled with
parts from outside the Development Zone, with more than 20% of the
total value added by the products manufactured in or component parts
of the Development Zone, shall enjoy the same treatment as export
products of an enterprise within the Development Zone.
@@ Article 10. Enterprises from outside the development Zone
which have obtained the right to deal in foreign trade business may,
with approval of the Nantong People's municipal Government,
establish independent or associated foreign trade companies to do
import and export business.
@@ Article 11. 95% of the foreign exchange derived from exports
by an inland Associated Enterprise may be retained by the
enterprise and 5% handed over to the Administrative committee. The
enterprises from outside the Development Zone may remit the foreign
exchanges allocated to it, or entrust the ente上一页 [1] [2] [3] 下一页
|
