Shenzhen Qianhai Company Registration Service
Hotline: 86-755-82147392, Email:info@citilinkia.com
ATAHK reads from HKTDC in Middle Feb that pilot programmes are to be launched in 10 cities and provinces along with five state-level New Areas for the innovative development of the service trade in the next two years, a State Council executive meeting presided over by Premier Li Keqiang decided on 14 February.
Priority will be given to explore institutional improvements in eight aspects, including service trade management system, development models and trade facilitation, gradually expanding market access of the service sector.
.jpg)
The cities and provinces chosen for the pilots are Tianjin, Shanghai, Hainan, Shenzhen, Hangzhou, Wuhan, Guangzhou, Chengdu, Suzhou and Weihai.
The five state-level New Areas are in Harbin, Jiangbei, Liangjiang (in Chongqing), Guiyang-Anshun, and Xi'an-Xianyang.
The matching policies will fall into three categories. First, expanding the scope of service enterprises eligible for preferential tax treatment. The government will offer technologically-advanced and high value-added enterprises the same tax preferences as service outsourcing companies – a low enterprise income tax rate of 15% while tax free to staff education expenses as long as they account for no more than 8% of the total amount of wages.
Second, the government will set up guidance funds for the innovation in service trade, especially that of small and medium-sized enterprises based on the areas where the pilot programmes are introduced. Financial subsidies will be granted for R&D design, energy-saving and environmental services urgently needed in the pilot areas.
Third, the government will encourage financial institutions to make innovations on supply chain financing, implementing service outsourcing bonded supervision on designated technologically-advanced service companies operating in the pilot areas.
Contact Us
For further queries, you are welcome to contact ATAHK anytime, anywhere by simply visiting ATAHK’s website www.3737580.net or calling at 86-755-82143512 or emailing to anitayao@citilinkia.com.