Policies on financial and tax support

1.   All the investment policies set by the State,the Province and Dalian municipality and those policies adopted in Dalian development zone, and Dalian High-Tech Zone are applicable in Dalian Changxing Island Harbor Industrial Zone.
2.   For the foreign investment manufacturing industries, whose operating period is no less than 10 years, is fully exempted in the first 2 profitable years and is reduced by half from the 3 rd to the 5 th year. After the period of exemption and reduction, 50% of the taxes that the local government actually receives shall be returned to the taxpayer to promote business for 5 years if the taxpayers' investment on fixed assets is between 100 to 500 million RMB. For those companies that invest more than 500 million on fixed assets, 50% of the taxes that the local government actually receives shall be returned to the taxpayer for 10 years.
3.  The cooperative tax is 15% for Sino-foreign joint venture enterprise investing in port and terminal construction, for the company whose operating period is 15 years.This cooperative tax is fully exempted in the first 5 profitable years and is reduced by half in the following 5 years.
4.   For companies that export 70% or more of their products,the. Half after the period of tax exemption and reduction reduces cooperative tax rate.
5.   Depreciation period of fixed assets (not including buildings) can be shortened as long as the depreciation rate is no higher than 40%. Intellectual property invested or transferred can enjoy the same policy.
6.   For encouraged projects, 3% of the company's local income tax shall be exempted for 10 years starting from the first profit-making years as compared to 7 years for normal joint ventures.
7.   When a company invests its profit in the zone for 5 years or more, 40% of the income tax paid on the profit shall be refunded. If this investment is made in the field of export-oriented or technologically advanced industries, all the income tax paid on the profit shall be refunded.
8.   Manufacturing companies that fall into the encouraged categories of “The Guided List of Overseas Investment” can enjoy exemption of duties on imported equipment for self-use.
9.   The logistics enterprise that redden direct service with self-use equipment and transportation means are eligible for the same preferential policies as for the manufacturing companies in the Zone.
10.  A bonus of 100,00 RMB shall be given to investors for every capital increases of 100 million RMB.
11.  For 2 years will be refunded to the investors. to the investors. For Those companies whose investment is above 500 million RMB, 50% of all the taxes that the local government actually receives for the first 5 produc t hose companies whose investment on fixed assets is between 100-500 million RMB, 50% of all the taxes that the local government actually receives for the first 2 production years will be refunded
12.  For those manufacturing companies from which the local government receives 10 million RMB or above for 5 consecutive years, 30% of the part the local government receives shall be refunded to the investors for the first 2 consecutive years and 15% will be refunded for the following 3 years.
13.  For those non-manufacturing companies from which the local government receives 10 million RMB or above for 5 consecutive years, 30% of the part the local government receives shall be refunded to the investors for the first 2 consecutive years and 15% will be refunded for the following 3 years.
14.  For Industrial park developers, if taxes collected from all the industries in the park reaches 100 million RMB or above,10% of the part that the local government receives shall be refunded to the developer for 5 consecutive years on the condition that the developer honors the contract.
15.  There are no administrative fees for enterprises in the Zone.
16.  If the investment on fixed assets is 100 million RMB or above, a bonus of 0.5% of the actual capital used will be given to the go-between who introduces the investment on the condition that the investment is made on time as stipulated in the contract and articles of association. This bonus will be reduced to 0.3% if the investment on the fixed assets is between 50 and 100 million RMB.
17.  Foreign expatriates are exempted from income taxes for dividend and share interests they receive from the foreign funded companies in the Zone.