1,The productive foreign-invested enterprise in the zonewith more than ten-year operation shall enjoy wo-year exemption and three-year 50% reduction of income tax rom the year it gains profit. Since the sixth year, by submitting application and approved by the government, the foreign invested company shall enjoy subsidy of 50% of local share of actually paid income tax forr another three yearss.
2, After the expiration of tax exemption and reduction, the advanced technological productive enterprises foreign invested, which are still remaining the above mentioned position, shall enjoy another three-year 50% exemption income tax according to the tax law.
3, The productive joint venture in the zone with foreign investment of more than USD 30 million, long-term of recovery', or dealing with energy, communication, port construction shall enjoy 15% exemption income tax.
4,The foreign-invested enterprises which invest directly using the enterprise profit to increase the registered capital or to establish other foreign companies with a 5-year operation term may gain a return of 40% already paid income tax of reinvestment while get the approval for its application. The foreign investors who reinvest in china to expand export
company or advanced technological company using the profit gained fi'om the enterprise shall get a return of the already paid income tax of reinvestinent.
5, As for the foreign-invested enterprise in the zone, if the foreign partner gains profit from the benefit after paying the regulated income tax shall enjoy the exemption of income tax.
6, The enterprises in the zone shall enjoy all the encouraging policies of Jiangsu Development Along the Yangtze River Startegy.
Land Selling Preference
1,The state-owned land use right selling price is differentaccording to different sections and purposes, and the lowest protecting price system has also been put into practice. As to
items of agriculture, woods, herd, fishing, education, science and high-tech, we shall give proper preference for land use price.
2,Overseas investors invest in the zone with a registered capital of USD 5 million shall pay the land price according to the regulated price and enjoy 50% return of the money ought to be paid as encouragement. As to item with more than USD 10 million, we shall treat individually and provide more preferential policy.
3,Overseas investors make use of idle factory buildings,equipments and fields in the zone to establish solely-foreign funded enterprise with a registered capital of more than USD 1 million shall enjoy a 100% return of land rent which ought to be paid as encouragement within 5 years.
