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Hebei ABC
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Hebei< Business Policy
 
Preferential policy of Chengde High-tech Industry Development Zone

Any enterprises and individuals that come into the development zone to undertake scientific research, production and business will enjoy the policies.
The development zone sets up a science and technology rewarding fund pool for the investing enterprises and rewards them according their construction to the financial. The foreign-funded enterprises enjoy the policies during the first ten years of production. During the first five years, 100% of corporate income tax and individual income tax and 50% of turnover tax all shared by the development zone will be rewarded to the enterprises. Half of the former rewarding standard will be rewarded to the foreign-funded enterprises in the second five years. The domestic-funded enterprises and scientific research institutions enjoy the policies during the first seven years of sales.
During the first four years, 100% of corporate income tax and individual income tax and 50% of turnover tax all shared by the development zone will be rewarded to the enterprises. Half of the former rewarding standard will be rewarded to the enterprises in next three years. All the reward money will be encashed by the Financial Department by quarters and will be paid off in the first quarter of the next year.
For the enterprises undertaking infrastructure in the development zone, they are free of fees including compound fee of city, rebuilding fee of old city and constructing fee of air defense. The investing enterprises enjoy the preferential price of land lease.

1. Projects with investment in fixed assets between 50 million Yuan and 0.1 billion Yuan (the original assets converted into money not included) will enjoy 30-50% discount of the basic land lease. Projects with investment in fixed assets below 50 million Yuan (50 million Yuan not included) will enjoy 20-30% discount of the basic land lease.
2. Projects with investment in fixed assets between 0.1 billion Yuan and 0.2 billion Yuan (the original assets converted into money not included) will enjoy 50-60% discount of the basic land lease.
3. Large scale projects with investment in fixed assets more than 0.2 billion Yuan and with high output share more preferential price.
4. For the institutions for technology innovation, research institutes and bases for pilot scale experiment and so on, they will enjoy 20% discount of the land lease price before having incomes and enjoy 40% discount of the land lease price after having incomes.
Enterprises are encouraged to cooperate with foreign investors. All fees except the fees of certificate and license will be not charged if the enterprises buy a share with the right of land usage converted to money.
The investors only pay for the land lease and the fees of certificate and license if they purchase the enterprises in a state of being bankrupt or stopping production in CHIDV so as to reuse the land.
The Personnel & Labor Bureau of the development zone is in charge of dealing with the procedure of transferring the registered permanent residence for the managing personnel with scholar degree or the technicians with intermediate title of technical post required by the foreign-funded or high-tech enterprises and for the personnel with master degree or senior title of technical post who are engaged in scientific research and transferring scientific fruits in the development. Besides, their mates and children under age are free to register permanent residence with them. The children share the same treatment schooling and nursing education with the local residents.
The preferential policy starts to try out from the day when it is issued. It is explained by the International Investment and Cooperation Bureau
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