TEL:86-755-82143410
EMAIL:2355725105@qq.com
OVERVIEW
Foshan is a prefecture-level city of Guangdong province. It's located in the central part of Guangdong, which is also the center of the and a city of strategic importance in Great Bay Area. It is to the west of Guangzhou, north of Zhongshan, close to Hongkong and Macau.
An pioneering important manufacturing industry base in Guangdong and China, Foshan ranks among the top in the 21 cities in Guangdong province.In 2018 Foshan's GDP reached 993.588 billion yuan ranking the third after Shenzhen and Guangzhou.
To further attract foreign investment, in February 2019 Foshan has introduced Ten Preferential Policies as following:
I.Increase the induction of foreign investment
Further broaden market access,support foreign investment in infrastructure construction and increase the introduction of emerging industry projects.
II. Increase financial support
Improve the awards for newly approved capital increase projects, support major projects and emerging industry projects, encourage foreign investment profit re-entering the market, perform “One-on-One Discussion”on special programs and implement awards toward projects with major financial contribution
III.Increase land use support
Increase the support on industrial use land, offer preferential land leasing price, implement flexible leasing and “Leasing First Buying Second”
IV. Introducing Foreign Talents
Support innovative and entrepreneurial endeavors by foreign nationals, offer preferential services for HK and Macau residents and introduce high level talents from overseas
V. Increase financial support
Encourage Financial Institutions to give credit loans to foreign invested enterprises,encourage foreign invested enterprises to make fully use of cross border financing channels and support foreign investment in leasing industry
VI. Improve the level of foreign investment facilitation
Further simplify the government formalities, continue to implement the “One Stop Handling” of business filing and industrial and commercial registration and optimize the company registration process.
VII. Improve trade facilitation
Accelerate the promotion and application of international trading “Single Window”, continue to implement the state policy on exempting hoisting and shifting storage costs and provide needed assistance in time
VIII.Improve tax facilitation
Simplify tax procedure to realize individualized taxation and implement tax deferral policy
IX.Improve the level of technological innovation
Optimize intellectual property services and support the establishment of new R&D institutions.
X. Optimize the mechanism to ensure the utilization of foreign capital
Strengthen the service coordination mechanism on the utilization of foreign capital to establish a high level and efficient service mechanism.
XI. Contact Us
If you have further queries, you are welcome to contact Vera Zhang by calling 86-755-82213750, or email to fxy@citilinkia.com.
You can also visit Tannet’s website www.tannet-group.net or visit our Shenzhen office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China for more information.