Sourcing Forum
   Sourcing listing
  Automobile
  Boating & Yachting
  Building Materials & Stone Fair
  Confectionary
  Electronics & Electrical
  Food & Produce
  Gifts & Crafts,Buddhist’s
  Investment & CIFIT
  LED & Lighting
  Logistics & Transports
  Machineries
  Pet & Supplies
  Plants & Horticulture
  Real Estate
  Sporting
  Shoes & Sportswear
  Tea & Accessories
  Wine & Catering
  Travel
  Others
You're now in Sourcing . . .
Male
Fr. Brazil
Topic: Any free port policy for foreigner's investment in Xiamen?
As a special economic zone, is there any free port policy for foreigner's investment in Xiamen?
11 Sep 2010
Female
Fr. China
Reply ^Top
1). There is duty-free & low tax policy for importing of some products such as machinery, equipment, raw materials, spare parts, freight vehicles, food ingredients used for businesses; and duty-free for limited quantity of the imported goods for personal consumptions.

2). In additional, there are bonded factories, bonded warehouses located in free trade zones for companies whose products are re-exported to other countries.

4). Allow the free transfer of capital and profits of foreign-funded enterprises; exempt interest income tax for foreign depositors who deposit in banks within the special economic zone; exempt interest income tax for concessionary loans given by foreign banks.

Foreign-funded or joint venture banks are allowed to be set up within the special economic zone, under the approval of bank headquarters, and exempt its industrial and commercial tax five years from the opening of the banks.
11 Sep 2010

All 1  

Quick Reply

 

Before answering, click the LOGIN bar on the bottom

WOXmobile.com