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Taxpayers in Pingtan who meet the following industries can enjoy a reduced corporate income tax rate of 15%:

  1. High-tech industry
    1. Electronic Information Industry
    2. Equipment manufacturing
    3. New Material Industry
    4. New energy industry
  2. Service industry
    1. Modern logistics industry
    2. Business Service Industry
    3. Cultural and creative industries
    4. Technical and business services
  3. Agriculture and Marine Industry
  4. Eco-environmental protection industry
  5. Public Facilities Management Industry
  6. Tourism

For detailed catalog, please refer to Preferential Corporate Income Tax in the Pingtan International Tourism Island of Fujian Province (2017 Edition)

Procedures for Qualification

The financial institutions mentioned in these implementation measures refer to financial institutions that meet the requirements of the experimental zone, register, open bank accounts, and pay taxes in the Pingtan Comprehensive Experimental Zone, including banking financial institutions (including policy banks and commercial banks). , Private banks, rural banks, foreign banks, etc.), non-bank financial institutions (including securities, insurance, futures, financial leasing companies, finance companies, trust companies, consumer finance companies, auto finance companies, currency brokerage companies, and third-party payment companies) , Financial leasing companies, commercial factoring companies, financial guarantee companies, small loan companies, pawn shops, local asset management companies, regional equity markets, various local trading venues, financial back-office service companies, and equity investment companies, etc. Financial Institutions).

  1. Financial back-office service companies: Financial back-office service companies refer to financial back-office service organizations established and directly managed by the headquarters of licensed financial institutions, such as information technology and data processing centers, bank card centers, payment and settlement centers, business operation centers, and customer service centers , Disaster recovery centers, securities investment consulting agencies and professional insurance intermediaries, as well as legal entities specializing in financial outsourcing services such as banknote processing, ATM operation management, and financial file management.
  2. Equity investment companies: Equity investment companies include equity investment companies and equity investment management companies. Equity investment enterprises refer to enterprises established in accordance with the law and whose main business is equity investment (including equity investment fund of funds with equity investment enterprises as the investment object, venture capital funds, private equity investment funds, employee stock ownership platform companies, banks, securities Direct investment subsidiaries established by financial institutions such as companies, insurance companies, trust companies, and public fund management companies, etc.); equity investment management enterprises refer to enterprises that accept equity investment enterprise entrustment and take equity investment management as their main business. Funds include insurance funds, trust funds, equity investment funds, venture capital funds, venture capital funds, angel funds, securities investment funds, stock funds, currency funds, bond funds, etc.
  3. Enterprises can refer to the entries in the “Preferential Catalogue” to enjoy the corresponding corporate income tax preferences, and the tax-related materials shall be kept by the taxpayer for future reference.
  4. If the tax authority is unable to define the main business, it shall notify the enterprise in writing, and the service industry, agricultural and marine industry enterprises shall apply to the District Economic Development Bureau to apply for certification by themselves with the notice of the tax authority.
  5. The window of the District Economic Development Bureau in the Administrative Service Center is responsible for accepting applications for accreditation. According to the “Interim Administrative Measures for Pingtan Comprehensive Experimental Zone Enterprise Income Tax Preferential Main Business Recognition”, enterprises should submit the “Application Form for Main Business Recognition of Enterprise” and corresponding supporting materials to the administrative service center window of the District Economic Development Bureau. After receiving the application at the administrative service center window of the District Economic Development Bureau, the application materials will be transferred to the District Economic Development Bureau’s Tax Preferences Review Office for confirmation.
  6. After the District Economic Development Bureau’s Tax Preferences Review Office receives the “Application Form for Recognition of the Main Business of Enterprises” and the corresponding supporting materials, it will be issued according to the “Pingtan Comprehensive Experimental Zone Management Committee” “Notice on the Interim Management Measures for Business Accreditation” (Minlan Zongshiguanzong 2014 No. 109) to carry out the accreditation work, and the accreditation results will be issued through the window within 5 working days (excluding the time for entrusted third-party accreditation) , Notify the applicant enterprise to submit the confirmation opinion to the tax authority, and the tax authority will handle it in accordance with the confirmation opinion.

Fiscal and Taxation Support Policy

Corporate Income Tax

  • Enterprises whose main business meets the scope of the Pingtan Comprehensive Experimental Zone’s Enterprise Income Tax Preferential Catalogue and whose main business income accounts for more than 70% of the total enterprise income can enjoy the preferential policy of 15% reduction in corporate income tax.

Free and Bonded

  • Import tax exemption. The production-related machinery, equipment, infrastructure materials, and maintenance parts that enter Pingtan from abroad shall be subject to filing management and be tax-exempt, except for goods that are not tax-exempt in the “front line” as stipulated by the customs.
  • Import tax bonded. Goods such as raw materials, parts, components, packaging materials and consumable materials that enter Pingtan from abroad for processing export products are subject to record management and are bonded, except for goods that are not bonded in the “front line” as stipulated by the customs.
  • Sales between enterprises in the zone are exempt from turnover tax. Enterprises in Pingtan area selling their goods in the area are exempt from value-added tax and consumption tax.

Tax Refund

  1. Production-related goods sold in the Mainland to Pingtan are deemed to be exported, and the value-added tax and consumption tax rebate policies are implemented.
  2. Water, steam, electricity, gas, etc. do not need to go through the export declaration procedures, and the purchasing enterprise in Pingtan shall declare the tax refund to the tax authority.
  3. The original text comes from: Notice of the Ministry of Finance, the General Administration of Customs and the State Administration of Taxation on the Import Tax Policies of Pingtan Comprehensive Experimental Zone· (Caiguanshui 2013 No. 62)

Selective Taxation

  1. For bonded goods produced and processed by enterprises located in Pingtan and sold to the mainland through the “second line”, enterprises can apply for the choice of paying import duties on the basis of materials or according to the actual inspection status.
  2. The original text comes from: Notice of the Ministry of Finance, the General Administration of Customs and the State Administration of Taxation on the VAT and Consumption Tax Policies Concerning the Development of Hengqin and Pingtan· (Caishui 2014 No. 51)

Local Support and Encouraged Industry Awards and Subsidies and Their Supporting Policies

  1. The enterprise has the status of an independent legal person, the industrial and commercial registration amount and tax remittance are all in our district, and the total annual land tax payment is more than 1 million yuan, and the main business meets the “Pingtan Comprehensive Experimental Zone Industrial Development Guidance Catalog”, self-tax year Within the first five years, they will be rewarded and compensated according to a certain proportion of the local fiscal share of their annual tax payment, and enjoy the corresponding supporting policies for renting office space and children enrolling in school.
  2. The specific return ratio is:
    1. High-tech industry: 80%
    2. Service industry: 50%
    3. Modern logistics industry: 65%
    4. Agriculture and marine industry, ecological and environmental protection industry, public facility management industry, tourism and social undertakings: 50%
  3. The company has established a national engineering (technology) research center, a national engineering laboratory, a nationally recognized enterprise technology center, a key laboratory, a high-tech innovation service center, a new product development and design center, a scientific research pilot base, and an experimental base construction. 2 million yuan will be rewarded; if a provincial level is established, 1 million yuan will be rewarded at a time.

References

  1. 平潭综合实验区的普惠政策
  2. 关于平潭综合实验区企业所得税优惠目录增列有关旅游产业项目的通知
  3. 平潭综合实验区企业所得税优惠目录
  4. 关于印发《平潭综合实验区中小企业认定管理办法（试行）》的通知
  5. 平潭综合实验区经济发展局等四部门关于印发《平潭综合实验区进一步促进总部经济发展的实施细则》的通知
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