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Chinese business tax relief

China benefits for Integrated Circuits (IC) Industries

04.23.07 | Comment?

IC companies that meet the minimum investment requirements or that
manufacture the type of IC defined in law are eligible for tax
benefits, regardless of the geographical location of the factory.

Such companies, in addition to 15%a reduced rate of tax are eligible,
after approval of the application, for tax benefits of 5 + 5 years
which means an exemption from tax for the first five years and reduced
corporate tax of 7.5% for the following 5 years.

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« China grants to foreign investors-Special Economic Zones (SEZ) and Development Zones
» Asia Pacific Foundation of Canada Announces 2007-2008 Grants Program to Support Research on Asia Pacific Region