The free trade zone, as a new highland for China's opening up, provides a land full of opportunities for enterprises. For businesses looking to develop in a free trade zone, it is crucial to understand the preferential policies of the free trade zone. This article will explain in detail the preferential policies that can be enjoyed by enterprises registered in the free trade zone to help you better grasp business opportunities.
1. Preferential tax policies.
The FTZ has implemented a series of preferential tax policies for registered enterprises, mainly including the following aspects:
Corporate income tax reduction: Depending on the type of enterprise and the scale of investment, enterprises in the FTZ can enjoy different levels of income tax reduction. This policy helps to reduce the tax burden of enterprises and improve the profitability of enterprises.
Import tariff and VAT reduction: Enterprises registered in the FTZ can enjoy tariff and VAT reduction and exemption when importing some goods, reducing their procurement costs.
Overseas investment tax credit: The FTZ encourages enterprises to "go global", and for enterprises investing abroad, they can enjoy the overseas income tax credit policy to reduce the risk of overseas investment.
2. Financial support policies.
The free trade zone provides diversified financial support for enterprises to help them solve financing problems
Cross-border RMB business: Enterprises in the FTZ can easily conduct cross-border RMB settlement, reduce exchange costs, and improve the efficiency of capital use.
Loan interest discount: Key projects in the free trade zone can enjoy the loan interest discount policy to reduce the financial pressure of enterprises.
Financial leasing: The free trade zone provides financial leasing services for enterprises to help them expand financing channels and optimize their asset structure.
3. Customs clearance facilitation policy.
The free trade zone implements a highly free customs clearance policy, which brings great convenience to the import and export business of enterprises
Simplified customs clearance process: Enterprises in the FTZ can enjoy the convenience of simplifying the customs clearance process and improving the efficiency of import and export of goods.
Rapid inspection and release: For eligible enterprises and commodities, the customs of the free trade zone implements rapid inspection and release to shorten the time of goods in port.
Information management: The free trade zone implements information management, and enterprises can carry out customs declaration, inspection and other business operations through the electronic platform, which is convenient and fast.
Fourth, foreign investment access policies.
The FTZ implements an open policy for foreign investment access to provide more investment opportunities for foreign-funded enterprises
Relaxation of foreign investment access: The FTZ has relaxed market access restrictions for foreign-funded enterprises, allowing foreign-funded enterprises to invest in a variety of fields.
Negative list management: The FTZ implements negative list management, which clearly prohibits and restricts the entry of foreign investment, and provides a transparent and stable investment environment for foreign-funded enterprises.
National treatment for foreign-funded enterprises: Foreign-funded enterprises in the FTZ enjoy the same treatment as domestic enterprises, and enjoy equal treatment in terms of market access and taxation.
Fifth, the introduction of talent policy.
The free trade zone attaches great importance to the introduction and training of talents, and provides sufficient talent resources for enterprises
Talent introduction incentives: The free trade zone will give incentives and support policies to the introduction of high-level talents, attracting more outstanding talents to gather here.
Talent training: The free trade zone provides various talent training services for enterprises to improve the vocational skills and quality of employees.
Talent apartment: The free trade zone provides preferential talent apartments for enterprise employees, solves the housing problem of employees, and enhances employees' sense of belonging.
6. Headquarters economic policy.
The free trade zone encourages enterprises to set up headquarters and give full play to the agglomeration effect of the headquarters economy
Headquarters Economic Park: The Free Trade Zone has set up a headquarters economic park to provide convenient conditions for enterprises to set up headquarters in the park.
Headquarters Economic Incentives: For enterprises that set up headquarters in the Free Trade Zone, they can enjoy the headquarters economic incentive policy to support the development and growth of enterprises.
Headquarters economic service platform: The free trade zone provides enterprises with a complete headquarters economic service platform, including administrative services, financial services, business services, etc.
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