Several regulations encouraging outside investment in Shushan District
For further encouraging domestic and foreign investment in establishing enterprises in our district, promoting the economic development in a sustainable, fast and healthy way, these regulations are specially drawn up according to national laws, regulations and relevant policies made by upper authorities and with the actual conditions of the district being taken into consideration.
Clause 1: Newly registered outside-investment enterprise (initiated with investment by natural persons, legal persons or other organizations outside Hefei City), if achieving annual actually-paid tax over 200000 yuan, will enjoy a reward of 50% in the first year, 40% in the second year and 30% from third to fifth, beginning from the year of registration and with the district’s financial earnings as calculation basis.
Clause 2: Bigger enterprise (productive enterprise with registered capital over 10 million yuan and operating enterprises with registered capital over 5 million yuan), if achieving annual actually-paid tax over 500000 yuan, will enjoy a reward of 60% in the first year, 50% in the second year and 40% from the third year to the fifth year, beginning from the year of registration and with the district’s financial earnings as calculation basis.
Clause 3: Commercial development, investment and infrastructure construction enterprises, if achieving annual actually-paid tax over 3 million yuan, will enjoy annual reward no more than 20% within 3 years, beginning from the year of registration and with the district’s financial earnings as calculation basis.
Clause 4: For enterprises operating outside the district and paying tax inside the district and other enterprises with outstanding achievements, their reward can be more favorable through one-to-one discussions.
Clause 5: For outside-investment enterprises, the personnel department of the district will offer deputizing service in personnel affairs and provide personnel files reservation. The district’s labor department will handle old-age pension insurance for them and the labor force market will distribute employment information and provide interview places for them.
Clause 6: For the investors having legal and fixed housing in the district, affairs concerning the permanent registered residence of them or their lineal relatives will be handled by the public security institution of the district according to relevant favorable policies of the city.
Clause 7: For the outside investors with registered investment capital over 8 million yuan, their children within the 9-year compulsory education period will share same entrance policy as those in the district. Priorities will be given to them in employment and joining the army under equal conditions.
Clause 8: For investment in high-tech projects, loan interest subsidy will be provided according to relevant policy of the district.
Clause 9: Discipline inspection, supervision, legislation and administrative enforcement departments will protect the legal rights and interests of investors. For enterprises with investment over 10 million yuan and annual pay of tax over 1 million yuan, district leaders will appear personally offering help.
Clause 10: The one-station service will be provided in the district investment bureau to make industry and commerce and tax registrations that conform to the stipulations for the outside investment enterprises and assist them in handling the special industry permits needed by the production and operation.
Clause 11: Those enjoy the relevant rewarding policies of the provincial and municipal level will no longer enjoy this policy.
Clause 12: This stipulation will be carried out from January 1, 2007 and the enterprise entered before this date will implement the original preferential policies.
Clause 13: The policies to encourage outside investment for Jingang Town, Nangang Town and Shushan new industrial parks can be carried out according to this stipulation.
Clause 14: In the implementation of the stipulation, the policies from upper level will be carried out if there are any adjustment from it.
Clause 15: The stipulation will be explained by the district investment bureau and financial bureau.
