On June 2, 2010, the CCP’s county committee and county government issued the No. 2 Document of the “2010 No. 2†“Decision on Supporting Larger and Stronger Wire and Cable Enterprises,†encouraged by the policy of “Exempt from four special subsidiesâ€. The cable company launched the EHV cable project.
The "Decision" stated that after the project is completed and put into production for new enterprises above the 220KV UHP project, the VAT paid by the new project and the retained portion of the enterprise income tax at the county level will be entitled to the full reward for the first 4 years and half for the next 4 years. 'From 2010 onwards, within three years of new super high voltage, ultra high voltage projects above 220kV, 500kV and above 1000kV, the county government will provide 50 acres, 100 acres, 150 acres of industrial land or equivalent land use subsidies.
Wuwei County’s document is indeed very attractive to those cable companies that are interested in launching UHV and UHV projects. The taxation policy of 'Exempt from four reductions and four taxes' is even more favorable than that of foreign investment. No wonder many cable companies are rushing.
The UHV and UHV projects mentioned in the "Decision" do not specify cable products or overhead conductors items. It is estimated that both include it. However, the government encourages it to be encouraged, and whether it is appropriate to propose whether to launch the UHP or UHV projects quickly is worth considering.
Relevant information:
No. (2010) No. 2 CCP in Wuwei County, People's Government of the People's Government of the People's Republic of China decided to support the decision of the major wire and cable enterprises to become bigger and stronger.
(June 2, 2010)
In recent years, the county's wire and cable enterprises have developed rapidly and have grown continuously. Industrial clusters have formed and made important contributions to the county's economic development. However, with the changes in the macroeconomic situation and increasingly fierce market competition, there is still a certain gap between the current wire and cable companies in our county in technological innovation, product upgrading, market development, enterprise management, talent introduction and training. In order to conscientiously implement the "Zhanjiang City Belt Industrial Transfer Demonstration Zone Plan" and the municipal government's strategic goal of "linking the Lancang River Industrial Belt and accelerating the construction of a new type of industrial economic highland," we will further use the wire and cable backbone enterprises (referring to The company pays an annual tax of over 10 million yuan to promote the transformation and upgrading of the county's wire and cable industry and realize the five-year quadrupling of the development of the county's wire and cable industry. The following decisions are made.
1, the implementation of the new project approval system. The company established an expert library of wire and cable industry development, formulated a directory of investment guidance, and conducted expert review on new wire and cable projects. For projects that are reviewed for low-level duplicate construction, they are not accepted in project approval, land approval, industrial and commercial registration, and production license issuance; for projects that are assessed to meet the requirements of industrial development, they shall enjoy the project approval, land approval, and preferential policies, The project financial support and other aspects give active support.
2. Support the construction of high, new and special projects. For projects that have been assessed as 'high, new, and special' projects, fixed assets will be invested between 10 million yuan and 30 million yuan (including 10 million yuan, the same below), 30 million yuan - 50 million yuan, 50 million yuan - 100 million yuan, For the amount of more than 100 million yuan, the county finance will give a one-year discount of interest of 20%, 35%, 60%, and 80% per annum on the basis of the project's actual investment rate of 6% per annum. For enterprises with new 220KV or more UHP projects, after the project is completed and put into production, the VAT paid by the new project and the retained portion of the enterprise income tax at the county level will be entitled to 'full reward for the first 4 years and half reward for the next 4 years'; from 2010 From the beginning, within three years of new super high voltage, ultra high voltage projects above 220KV, 500KV and above 1000KV, the county government will provide 50 acres, 100 acres, 150 acres of industrial land or equivalent land use subsidies.
3. Establish a corporate tax contribution award. From 2010 onwards, within three years, the actual taxation rate for enterprises in the year amounts to 10 million yuan to 20 million yuan (including 10 million yuan, the same below), 20 million yuan to 50 million yuan, 50 million yuan to 100 million yuan, and 100 million yuan. RMB -200 million yuan, 200 million yuan or more, respectively, according to the actual amount of 3%, 4%, 5%, 6%, 7% of the amount of the tax, the enterprise rewards; . The award funds are mainly used by companies to reward sales staff for market development. The award for non-repetition of preferential tax policies for investment promotion will be implemented on a high standard.
4. Encourage enterprises to merge and restructure and introduce external links. Encourage key enterprises to acquire enterprises without production licenses, implement closures and transfer of unlicensed enterprises, and mobilize them to move into the standard factory buildings of the development zone to free up land and reinvest their businesses. Supporting the acquisition and integration of enterprises, in the acquisition and integration process, the assets are separated or reorganized, but the actual controller has not changed, and the relevant tax-retaining county-level retained funds involved in the adjustment of equity and transfer of assets are rewarded after the first levy. Where a company has established successful joint ventures with industrial companies under the prefecture's “Top 100 Chinese Enterprisesâ€, “World Top 500†and other famous big companies and big groups, according to the size of the joint venture, it will give the legal person of the company a special RMB 500,000 to RMB 100,000. Rewards; and central enterprises, large-scale provincial enterprises within the county to achieve successful joint ventures on industrial projects, give appropriate incentives.
5. Promote the listing of companies. The Wuwei County wire and cable enterprise listed fund was set up to support the listing of key enterprises. For the companies to be listed during the listing and guidance period, the county government will provide 1 million yuan of loans for the early stage of the listing of the company. Other incentive policies are implemented in accordance with the “Decision on Further Accelerating the Development of Wire and Cable Industry†(No. [2009] No. 11) of the county party committee and county government.
6. Promote enterprises to carry out independent innovation. As for the actual R&D expenses actually incurred by the backbone enterprises, if the intangible assets are not included in the current profit or loss, they shall be deducted at 50% of the R&D expenses on the basis of the actual deductions according to the regulations; if the intangible assets are formed, the intangible assets shall be 150% amortization of costs.
7, encourage the development of various types of standards. As the main drafting unit, the enterprise formulates provincial-level local standards, industry standards, national standards, and international standards, and grants 30,000 yuan, 50,000 yuan, 100,000 yuan, and 200,000 yuan in capital grants for each completed project. The award drafting group does not Less than 60%.
8. Encourage improvement of the sales system. Encourage enterprises to carry out direct sales. Sales expenses incurred for direct sales of enterprises are allowed to be deducted before tax in accordance with regulations. The wire and cable industry association shall formulate salesperson management methods and supervise the implementation of the company, and carry out regular training for salespersons. Relevant departments must increase the investigation and punishment of violations of laws and regulations to protect the legitimate rights and interests of enterprises.
9. Encourage the establishment of a modern enterprise system. Encourage enterprises to formulate mid- and long-term development strategies. For those companies that invite domestic and foreign first-class consulting firms to help formulate their development strategies, the experts will assess the subsidies at 20% of the consulting fees, up to a maximum of 50,000 yuan. For the advanced enterprise management informatization projects reviewed by experts, the county finance will grant subsidies at a rate of 20% of the actual expenses incurred, with a maximum of no more than 50,000 yuan. Organize entrepreneurs to visit and study abroad and support the establishment of enterprise clubs to help entrepreneurs broaden their horizons and enhance their capabilities.
10. Encourage the introduction of high-level talents. Uniformly organize enterprises to go out for recruitment and promotion, and implement high-level talents (general managers, chief engineers) introduced by key enterprises in the areas of training, children's education, housing (construction of talented apartments, purchase of housing subsidies), and other aspects of preferential policies and services. In 2010, the County Personnel Department selected 10 graduates from undergraduate or higher in cable manufacturing and related majors from institutions of higher learning to be included in the establishment of the county’s business and to help employees in the county. The probation period will be one year and the assessment will be completed after being qualified.
11. Play the role of quality medical education resources. Actively explore the establishment of Wuwei Junior High School Branch and Wuwei County People's Hospital Branch in Gaogou Town.
12. Conduct award recognition. According to the company's actual storage tax, the top ten companies are awarded the title of Wuwei County's top ten electric wire and cable enterprises. At the same time, the entrepreneur is awarded the title of Wuwei County Meritorious Entrepreneur; the selection of talents introduced by the company is carried out by the top ten. Awarded the title of Wuwei County Enterprise to Introduce Outstanding Talents, which was commended by the county party committee and county government.
This decision shall be implemented as of the date of promulgation. The county party committee and county government have previously issued incentives and preferential policies for accelerating economic development. However, if there are duplications with this decision, it will not be repeated. The incentive and support funds involved are settled according to the county and township fiscal systems.
The "Decision" stated that after the project is completed and put into production for new enterprises above the 220KV UHP project, the VAT paid by the new project and the retained portion of the enterprise income tax at the county level will be entitled to the full reward for the first 4 years and half for the next 4 years. 'From 2010 onwards, within three years of new super high voltage, ultra high voltage projects above 220kV, 500kV and above 1000kV, the county government will provide 50 acres, 100 acres, 150 acres of industrial land or equivalent land use subsidies.
Wuwei County’s document is indeed very attractive to those cable companies that are interested in launching UHV and UHV projects. The taxation policy of 'Exempt from four reductions and four taxes' is even more favorable than that of foreign investment. No wonder many cable companies are rushing.
The UHV and UHV projects mentioned in the "Decision" do not specify cable products or overhead conductors items. It is estimated that both include it. However, the government encourages it to be encouraged, and whether it is appropriate to propose whether to launch the UHP or UHV projects quickly is worth considering.
Relevant information:
No. (2010) No. 2 CCP in Wuwei County, People's Government of the People's Government of the People's Republic of China decided to support the decision of the major wire and cable enterprises to become bigger and stronger.
(June 2, 2010)
In recent years, the county's wire and cable enterprises have developed rapidly and have grown continuously. Industrial clusters have formed and made important contributions to the county's economic development. However, with the changes in the macroeconomic situation and increasingly fierce market competition, there is still a certain gap between the current wire and cable companies in our county in technological innovation, product upgrading, market development, enterprise management, talent introduction and training. In order to conscientiously implement the "Zhanjiang City Belt Industrial Transfer Demonstration Zone Plan" and the municipal government's strategic goal of "linking the Lancang River Industrial Belt and accelerating the construction of a new type of industrial economic highland," we will further use the wire and cable backbone enterprises (referring to The company pays an annual tax of over 10 million yuan to promote the transformation and upgrading of the county's wire and cable industry and realize the five-year quadrupling of the development of the county's wire and cable industry. The following decisions are made.
1, the implementation of the new project approval system. The company established an expert library of wire and cable industry development, formulated a directory of investment guidance, and conducted expert review on new wire and cable projects. For projects that are reviewed for low-level duplicate construction, they are not accepted in project approval, land approval, industrial and commercial registration, and production license issuance; for projects that are assessed to meet the requirements of industrial development, they shall enjoy the project approval, land approval, and preferential policies, The project financial support and other aspects give active support.
2. Support the construction of high, new and special projects. For projects that have been assessed as 'high, new, and special' projects, fixed assets will be invested between 10 million yuan and 30 million yuan (including 10 million yuan, the same below), 30 million yuan - 50 million yuan, 50 million yuan - 100 million yuan, For the amount of more than 100 million yuan, the county finance will give a one-year discount of interest of 20%, 35%, 60%, and 80% per annum on the basis of the project's actual investment rate of 6% per annum. For enterprises with new 220KV or more UHP projects, after the project is completed and put into production, the VAT paid by the new project and the retained portion of the enterprise income tax at the county level will be entitled to 'full reward for the first 4 years and half reward for the next 4 years'; from 2010 From the beginning, within three years of new super high voltage, ultra high voltage projects above 220KV, 500KV and above 1000KV, the county government will provide 50 acres, 100 acres, 150 acres of industrial land or equivalent land use subsidies.
3. Establish a corporate tax contribution award. From 2010 onwards, within three years, the actual taxation rate for enterprises in the year amounts to 10 million yuan to 20 million yuan (including 10 million yuan, the same below), 20 million yuan to 50 million yuan, 50 million yuan to 100 million yuan, and 100 million yuan. RMB -200 million yuan, 200 million yuan or more, respectively, according to the actual amount of 3%, 4%, 5%, 6%, 7% of the amount of the tax, the enterprise rewards; . The award funds are mainly used by companies to reward sales staff for market development. The award for non-repetition of preferential tax policies for investment promotion will be implemented on a high standard.
4. Encourage enterprises to merge and restructure and introduce external links. Encourage key enterprises to acquire enterprises without production licenses, implement closures and transfer of unlicensed enterprises, and mobilize them to move into the standard factory buildings of the development zone to free up land and reinvest their businesses. Supporting the acquisition and integration of enterprises, in the acquisition and integration process, the assets are separated or reorganized, but the actual controller has not changed, and the relevant tax-retaining county-level retained funds involved in the adjustment of equity and transfer of assets are rewarded after the first levy. Where a company has established successful joint ventures with industrial companies under the prefecture's “Top 100 Chinese Enterprisesâ€, “World Top 500†and other famous big companies and big groups, according to the size of the joint venture, it will give the legal person of the company a special RMB 500,000 to RMB 100,000. Rewards; and central enterprises, large-scale provincial enterprises within the county to achieve successful joint ventures on industrial projects, give appropriate incentives.
5. Promote the listing of companies. The Wuwei County wire and cable enterprise listed fund was set up to support the listing of key enterprises. For the companies to be listed during the listing and guidance period, the county government will provide 1 million yuan of loans for the early stage of the listing of the company. Other incentive policies are implemented in accordance with the “Decision on Further Accelerating the Development of Wire and Cable Industry†(No. [2009] No. 11) of the county party committee and county government.
6. Promote enterprises to carry out independent innovation. As for the actual R&D expenses actually incurred by the backbone enterprises, if the intangible assets are not included in the current profit or loss, they shall be deducted at 50% of the R&D expenses on the basis of the actual deductions according to the regulations; if the intangible assets are formed, the intangible assets shall be 150% amortization of costs.
7, encourage the development of various types of standards. As the main drafting unit, the enterprise formulates provincial-level local standards, industry standards, national standards, and international standards, and grants 30,000 yuan, 50,000 yuan, 100,000 yuan, and 200,000 yuan in capital grants for each completed project. The award drafting group does not Less than 60%.
8. Encourage improvement of the sales system. Encourage enterprises to carry out direct sales. Sales expenses incurred for direct sales of enterprises are allowed to be deducted before tax in accordance with regulations. The wire and cable industry association shall formulate salesperson management methods and supervise the implementation of the company, and carry out regular training for salespersons. Relevant departments must increase the investigation and punishment of violations of laws and regulations to protect the legitimate rights and interests of enterprises.
9. Encourage the establishment of a modern enterprise system. Encourage enterprises to formulate mid- and long-term development strategies. For those companies that invite domestic and foreign first-class consulting firms to help formulate their development strategies, the experts will assess the subsidies at 20% of the consulting fees, up to a maximum of 50,000 yuan. For the advanced enterprise management informatization projects reviewed by experts, the county finance will grant subsidies at a rate of 20% of the actual expenses incurred, with a maximum of no more than 50,000 yuan. Organize entrepreneurs to visit and study abroad and support the establishment of enterprise clubs to help entrepreneurs broaden their horizons and enhance their capabilities.
10. Encourage the introduction of high-level talents. Uniformly organize enterprises to go out for recruitment and promotion, and implement high-level talents (general managers, chief engineers) introduced by key enterprises in the areas of training, children's education, housing (construction of talented apartments, purchase of housing subsidies), and other aspects of preferential policies and services. In 2010, the County Personnel Department selected 10 graduates from undergraduate or higher in cable manufacturing and related majors from institutions of higher learning to be included in the establishment of the county’s business and to help employees in the county. The probation period will be one year and the assessment will be completed after being qualified.
11. Play the role of quality medical education resources. Actively explore the establishment of Wuwei Junior High School Branch and Wuwei County People's Hospital Branch in Gaogou Town.
12. Conduct award recognition. According to the company's actual storage tax, the top ten companies are awarded the title of Wuwei County's top ten electric wire and cable enterprises. At the same time, the entrepreneur is awarded the title of Wuwei County Meritorious Entrepreneur; the selection of talents introduced by the company is carried out by the top ten. Awarded the title of Wuwei County Enterprise to Introduce Outstanding Talents, which was commended by the county party committee and county government.
This decision shall be implemented as of the date of promulgation. The county party committee and county government have previously issued incentives and preferential policies for accelerating economic development. However, if there are duplications with this decision, it will not be repeated. The incentive and support funds involved are settled according to the county and township fiscal systems.
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