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 Qingdao
Export-oriented Processing Zone |
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 ¡¤
It¡¯s one of the first state-level zones opening to the outside
world.
¡¤ It is 19 kilometers away from Liuting International Airport,
33 kilometers from Qingdao Port, 36km from Foreland Bay, covering
2.8 square kilometers.
¡¤ It emphasizes the development of the industries such as electronics
information, refined machinery, refined chemical and new building
materials.
¡¤ It pursues the following policies, i.e. ¡°four NOs¡±, ¡°four
duty-free fields¡±, ¡°one tariff-free field¡±, ¡°refund of duty
in one field¡± .
Four NOs£º
No security deposit accounts; no need for the customs handbook;
no value-added tax and consumption tax for products manufactured
in the zone; no quota limit and license system for imports and
exports are required for enterprises conducting processing trade.
Four duty-free fields£º
No duty for imported machines, equipment and models for manufacture
and parts for maintenance; no duty for imported machines and
equipment for manufacture-oriented infrastructure construction
projects and imported basic materials for building workshops
and warehouses; no duty for a reasonable number of office facilities
for enterprises and administrative agencies; no export duty
for products manufactured by the enterprises in the zone as
well as for the leftover materials, inferior quality goods,
spoiled products in the course of manufacturing.
Tariff-free£º
Imported raw materials, parts, components, packaging materials
and consumable materials are tariff free.
Refund
of duty£º
This applies to the goods that enter the processing zone.
In the zone, the income tax rate is 15%. |
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