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：福建省外商投资企业可以减按15％的税率征税的范围包括：　　（1）设在经济特区的外商投资企业，在经济特区设立机构、场所从事生产、经营的对、国企业；　　（2）设在经济技术开发区的生产性外商投资企业；　　（3）设在沿海开放区和福州老市区生产性外商投资企业属于技术、知识密集型项目或者外商投资额在3000万美元以上，回收投资时间长的项目，或者属于能源、交通、港口建设项目；　　（4）从事港口码头建设的中对、合资经营企业；　　（5）在经济特区和国务院批准的其他地区设立的对一资银行、外资银行分行、中外合资银行及财务公司等金融机构，外国投资者投入资本或分行由总行投入营运资金超过1000万美元，经营期在10年以上；　　（6）被省有关部门认定为高新技术企业的外商投资企业；　　（7）在国务院规定的其他地

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?