The State Council's Special Preferential Measures for Taiwan Province Compatriots to Invest in Special Economic Zones.
Taiwan Province compatriots investing in industrial and agricultural projects in Shenzhen, Zhuhai, Shantou and Xiamen, in addition to enjoying the existing preferential treatment in the special economic zones, are given the following special preferential treatment:
1. Wholly-owned enterprises, joint ventures or cooperative enterprises established by compatriots in Taiwan Province Province in special economic zones with an operating period of more than ten years shall be exempted from enterprise income tax from the first year to the fourth year, and the enterprise income tax shall be halved from the fifth year to the ninth year;
2. The above-mentioned enterprises use imported raw materials and spare parts to produce products. Where there is a market in the domestic market that needs to be imported, or investors provide advanced technology and equipment, 30% of the products are allowed to be sold in China. Domestic products should be sold according to the channels stipulated by the state, and taxes or overdue taxes should be levied according to regulations;
3. The above-mentioned enterprises are exempt from land use fees during the construction period and within five years after they are put into production.
Compatriots in Taiwan Province Province who have invested in the renovation of old enterprises in the old urban areas in Zhuhai, Shantou and Xiamen can enjoy the above-mentioned special preferential treatment as long as their products are exported, except for the import of means of production, which is exempted from customs duties and reduced by 15% enterprise income tax.
The above measures are also applicable to enterprises invested and established by Taiwan Province compatriots in Hainan Island.
Considering that the authorities in Taiwan Province Province still insist on preventing compatriots in Taiwan Province Province from developing economic and trade relations with the mainland, it is necessary to keep secrets from compatriots in Taiwan Province Province who invest in the mainland. Regarding the agreement, contract and implementation of investment projects by compatriots in Taiwan Province Province, the competent departments of Guangdong Province and Fujian Province are requested to report to the Office of the Central Leading Group for Taiwan Affairs and the General Office of the State Council.
To sum up, the state encourages investors in Taiwan Province Province to invest in export enterprises and advanced technology enterprises, and gives them corresponding preferential treatment.
Legal basis:
"People's Republic of China (PRC) Taiwan Province compatriots investment protection law" the first.
This Law is formulated for the purpose of protecting and encouraging investment by compatriots in Taiwan Province Province and promoting economic development across the Taiwan Strait.
second
This Law shall apply to the investment of compatriots in Taiwan Province Province; Where other relevant laws and administrative regulations of the state have provisions on investment by compatriots in Taiwan Province Province, if there are no provisions in this Law, such provisions shall prevail.
The investment by compatriots in Taiwan Province Province as mentioned in this Law refers to the investment by companies, enterprises, other economic organizations or individuals in Taiwan Province Province in other provinces, autonomous regions and municipalities directly under the Central Government as investors.
essay
The state protects the investment, investment income and other legitimate rights and interests of compatriots in Taiwan Province Province according to law.
Taiwan Province compatriots' investment must abide by the laws and regulations of the state.
Article 4
The state does not nationalize or expropriate the investment of compatriots in Taiwan Province Province; Under special circumstances, according to the needs of social public interests, the investment of Taiwan Province compatriots investors can be levied in accordance with legal procedures and given corresponding compensation.
Article 5
Property, industrial property rights, investment income and other legitimate rights and interests invested by compatriots in Taiwan Province Province can be transferred and inherited according to law.
Article 6
Investors of Taiwan Province compatriots can invest in freely convertible currencies, machinery and equipment or other physical objects, industrial property rights and non-patented technologies.
Investors of Taiwan Province compatriots can reinvest their investment income.
Article 7
Compatriots in Taiwan Province Province may invest in enterprises wholly or partially invested by compatriots in Taiwan Province Province (hereinafter referred to as enterprises invested by compatriots in Taiwan Province Province), and may also take other forms of investment as stipulated by laws, administrative regulations or the State Council.
The establishment of enterprises invested by compatriots in Taiwan Province Province shall conform to the national industrial policy and be conducive to the development of the national economy.
Article 8
Compatriots-invested enterprises in Taiwan Province Province shall conduct business management activities according to law, and their autonomy in business management shall not be interfered.
Article 9
In areas where enterprises invested by Taiwan Province compatriots are concentrated, Taiwan Province Compatriots Investment Enterprises Association can be established according to law, and its legitimate rights and interests are protected by law.
Article 10
The investment income, other lawful income and funds after liquidation obtained by investors of Taiwan Province compatriots according to law can be remitted back to Taiwan Province Province or abroad according to law.
Article 11
Investors of Taiwan Province compatriots may entrust their relatives and friends as their investment agents.
Article 12
Enterprises with investment by compatriots in Taiwan Province Province enjoy preferential treatment in accordance with the relevant provisions of the State Council on encouraging investment by compatriots in Taiwan Province Province.
Article 13
Investment-related disputes between investors from Taiwan Province compatriots and companies, enterprises, other economic organizations or individuals from other provinces, autonomous regions and municipalities directly under the Central Government can be settled through consultation or mediation.
If the parties are unwilling to negotiate or mediate, or if negotiation or mediation fails, they may apply to an arbitration institution for arbitration according to the arbitration clause in the contract or the written arbitration agreement reached afterwards.
If the parties fail to conclude an arbitration clause in the contract and fail to reach a written arbitration agreement afterwards, they may bring a lawsuit to the people's court.
Article 14
This law shall come into force as of the date of promulgation.