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Preferential Policies in Xiantao, Hubei

Investment
1. The urban area of Xiantao refers to three branch offices of dry river, Long HuaShan, shazui. The garden refers to Xiantao economic and technological development zone.
2. All come to our city in the form of individual proprietorship, joint-venture, etc., engaged in productive, non- productive domestic and international investors; Enjoy the regulation of a preferential policy without exception.
3. Xian Tao city encourages the domestic and international traveling trader to invest in the textile clothing, medical chemical industry, the building materials, agricultural product deep processing, as well as in the fields of the traffic and city's infrastructure construction, etc.
Preferential Tax Policy
1. Hong Kong, Macao, Taiwan trader, overseas businessman living abroad and foreign traveling trader, enjoy the deductions and exemptions of taxes preferential policy that the country makes.
2. Investors outside the city, the province, and the country enjoy the financial support policy in the local finance:
  (1) All financial affairs system is well, production enterprise with normal account, since beginning in profit-making year, the finance is returned to enterprises fully in 3 years according to the income tax that enterprises paid in that year;
  (2) All output value of export product of those years reached enterprises in more than 70% of output value of all products or advanced enterprises of technology with leading position at home and abroad in that year, continue enjoying and all returning the income tax for 3 years;
  (3) Belong to and invest in such basic industries, exploration agriculture and social development undertaking as the traffic, raw materials, etc., and carry on the joint-venture or individual proprietorship through utilizing, transforming the existing manufacturing enterprise in this city, continue enjoying and all returning the income tax for 5 years.
Land Use
1. Obtain the land ally in the urban area by way of selling, handle the card price according to the land (include such expenses and relevant expenses of taxation as the support expenses of urban construction ,etc., it is a lump-sum price of land) 100,000-120,000 Yuan per mu is given favorably:
  (1) To be regarded as the new high-tech enterprise by the State Ministry of Science and Technology or the scientific and technological drawing room of the province, 40% of the favorable price of land;
  (2) For the investment to the project in the scientific research institutions, universities and colleges, 30% of the favorable price of land;
  (3) To productive investment enterprise, 20% of the favorable price of land;
  (4) For helping to improve the project of the infrastructure, 25% of the favorable price of land.
  (5) In the project of 1000 to 30 million Yuan to the investment in fixed assets, 30% of the favorable price of land; the project of more than 30 million Yuan, 40% of the favorable price of land, and the development prospect of visual project provides and delivers some land. This is favorable according to paying the method of going backwards first, when the capital cost reaches and makes the investment with the plan actually, part that should be favorable while returning the land fund which units have already paid of the project;
2. Obtain the land ally in the villages and towns by way of selling; handle the card price to give favorably according to above-mentioned proportions according to the local land.
3. Obtain right to use the land by way of leasing, the lease will be collected according to 50% of the current minimum standard of the national regulation. The ones that leased and specially stranded enterprises can pay the land lease money slowly with the approval of land administrative department.
4. The foreign-investment enterprise will be exempted from the land use fee in 3 years from the that contract stipulated day; After the exempting expiring, the fee to develop and use fee are collected synthetically, and each square meter is collected according to 5-8 Yuan every year; The fee to develop is collected separately, the highest fee for the place use fee is 2 Yuan per square meter.
Others
1. The production enterprise invests more than 10 million Yuan in the urban area and the villages and towns invest more than 5 million Yuan will be excepted from the expenses at city level and administratively and the service charges will be reduced by half while submitting some to the country and province; Investing under 10 million Yuan in the urban area, the villages and towns invest under 5 million Yuan, the charge will be reduced by half at city level and administratively according to the minimum standard.
2. The charge of the tertiary industries such as all investment circulation, service, culture, sports facilities, park, hotel, real estate, etc., will be reduced by half at city level and administratively according to the minimum standard.
Working Efficiency and service
1. All Enterprises come to invest and set up , the work of getting approval for establishment of its project implements a building handling official business, a connected sequence, finishing once only of a window.
2. The project within all power of examination and approval of this city will be exempt from the various kinds of service expenses. Since receiving the complete declaration file, three jobs will be done and replied in a few days; if need higher authorities' examination and approval, ten jobs will be done and replied in a few days.
3. All investors personal life has not been allowed by the municipal government, the related departments are unable to inquire about and harass without authorization.
4. All invests more than 10 million Yuan in the urban area; the villages and towns invest enterprises of more than 5 million Yuan, will be listed and protected by discipline inspection and public security department. No individual or unit may infringe investors' legitimate rights and interests, and can't enter enterprises to check, compare and assess at will to enterprise's illegal apportionment manpower, financial resources and material resources. It causes enterprise's losses to appear the public security case, the public security department will handle ￡á case after compensating.
Special preferential policies on the garden
1. The land can follow the capital cost of the project on the basis of article 3 while handling the card price will be more favorable on 10%.
2. enterprises which pay the value-added tax will be given certain proportion while dividing of the garden finance into within 3 years after being open: Reward 20% under 500,000 Yuan; 50 to 1 million Yuan, reward 30%; Reward 40% of more than 1 million Yuan.
3. In the authority of the municipal government, look at the development prospect of project market or economic benefits for the garden; implement more flexible preferential measure of one item, on policy".
Reward
1. All enjoy the reward that this method stipulates on an equal basis that in order to introduce various kinds of fund outside the city, including free fund, donating the funded. act as a go-between, impel and bring in funds in successful unit and individual, no matter outside the urban city, do not assign to organ's enterprise , do not assign cadres and masses.
2. To investment intermediary unit and individual, issue of import foreign capital of the confirmation form " after verifying by merchants, according to introducing the fund type, total value is merited the lump-sum reward according to the following standards by the governments at all levels or enterprises according to bringing in funds:
  (1) The free fund all outside introducing the city and donating the fund is counted the award by 10% of volume according to bringing in funds of benefited unit after the fund is put in place.
  (2) Recommend the foreign businessman to go to our city to set up all kinds of productive enterprises, purchase, lease the state-owned enterprise or setting up the commerce and circulating and other the tertiary industry, count the award according to 1% to 3% purchasing the fixed assets capital cost which puts the amount of money or the actual form in place actually.

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