Value-added Tax
General Tax Rate |
17% |
Import, processing and labor supplied for the marketing of general goods. |
Special Tax Rate |
13% |
1.foodstuff, edible vegetable oil 2.tap water, central heating, air conditioning, heat, gas, liquefied petroleum gas, natural gas, marsh gas, coal products for residents 3.book, newspaper, magazine 4.feedstuff, fertilizer, pesticide, agricultural machinery, agricultural film 5.other goods stated by the State Department |
Export Goods |
none |
Except those stated by the State Department. |
Export Rebate Rate
Export Commodity List |
Rebate Rate |
Coal |
5% |
Agricultural products |
13% |
Processed agricultural products and goods taxed according to a value-added rate of 13% |
6% |
General goods taxed according to a value-added rate of 17% |
13% |
Ships, automobiles and relative key parts, aircrafts, NC machines, machining center, printed circuits, locomotives, etc |
17% |
Wheat flour, corn flour, duck parts, rabbit parts |
13% |
Gasoline, unwrought zinc |
11% |
Unwrought aluminum, yellow phosphorus and other phosphorus, unwrought nickel, ferroalloy, molybdenum ores, etc. |
8% |
Coke, semi-coke, metallurgical coke, burnt magnesium, fluorite, talcum, steatite, etc. |
5% |
Corporate Income Tax
1. Foreign-invested enterprises should pay corporate income tax at a tax rate of 3% based on the taxable income. Among them, the income tax rate of manufacturing foreign-invested enterprises is 24%.
2. Manufacturing businesses involving foreign investment with an operation tenure of over 10 years enjoy 2 years of corporate income tax exemption from the first profit-making year and half reduction for the ensuing 3 years. |
ICP 06020712号