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Investors who set up enterprises or organizations that invest directly through cash, materials or techniques to promote the socioeconomic development of Dehong Prefecture will enjoy preferential policies as follows.
1. Program Investment
Before investors make their decisions, they could enjoy free counseling services from governmental departments to gain the data and materials they need for their research on the practicability of investing here. When the investment programs are going through approval, they can enjoy “one-stop” service. All departments associated with the approval process shall jointly assist the applicants with various procedures, and finish the approval process within 15 weekdays.
2. Land Preferential Policy
Preferential land policies will be given to the enterprises that enter the industrial district or economical development district. Except for those who invest in entertainment and real estates programs, all investors who acquired land tenure through payment will enjoy following preferential policies on land premium:
1) Enterprises that need to use the land under premium only have to pay 20% of the evaluated premium besides the cost of the land. Those who pay the premium within 60 days enjoy a 30% reduction.
2) Land premium can be refunded for investment programs that comply with national industrial policies and environmental protection demands, have great potential and market perspectives, and can bring considerable profits to local finance and farmers.
3. Preferential tax policies
1) Income tax. Besides national and provincial preferential policies on tax, Dehong Prefecture will support investors through the following measures: From the first year to the third year of the manufacturing process, the enterprise will enjoy a full tax exemption. From the fourth year, fiscal departments at the same level will give a 100% refund of the tax paid to the county or the municipality. The refund will be 70% in the fifth year, and 50% in the sixth year.
2) Value Added Tax and Sales Tax. For farming industry, livestock-raising sector and processing industry, fiscal departments at the same level will give an 80% refund of the tax paid to the county or the municipality. The refund will be 50% in the second year, and 30% in the third year.
3) For those who invest in urban infrastructure, transportation, chemical industry, machine manufacturing, bio-resources development and innovative research development etcetera, a 50% farmland occupation tax paid to the local fiscal department will be refunded by the fiscal department at the same level.
4．Passport support
Foreign staff and the accompanying relatives could apply for multiple immigration documents set within a time limit at the public security departments, if they have business needs.
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