Directions
  General Principals
  Objectives

  • Preferential Polices For Sino-Foreign Joint Ventures
  • Preferential Polices For Investing The Scientific and Technological Industry Garden
  • Preferential Polices For investing Hi-tech Industry
  • Policies Of local Government


  • 1. For sino-foreign joint ventures investing energy, communication, port and jetty, tax will be levied on enterprise incomes according to 15% tax rate. If the operation period of the joint venture is over 15 years, with the approval of taxation authority, the method of tax levy first and tax return later can be used, from the year the enterprise gains profit, the enterprise income tax will be exempted from the first year to the fifth year, and will be half exempted from the sixth year to the tenth year.If the foreign merchant reinvest the city infrastructure with the profit obtained from the above-mention operation and the operation period will not be shorter than five years, with the approval of taxation authority, 40% of levied enterprise income tax of the reinvestment will be returned.

    2.Vehicle passage fee or other operation incomes levied on newly approved foreign financed enterprises investing infrastructure of communication, port and jetty and etc., with the approval of taxation authority, the method of tax levy first and tax return later can be used, the operation tax will be returned according to a proportion within the investment recovery period.

    3.Foreign financed enterprises investing city infrastructure can apply for establishment of matching comprehensive operation project along the infrastructure constructed by themselves or within appointed region. The price of required land for development will be decided according to the standard land price.

    4.Foreign investors are encouraged to buy part of stocks or a certain period of business right of city infrastructures of energy, communications and port and etc. Constructed or under construction. If foreign investors buy over 25% of stocks, with the approval of taxation authority, they will enjoy related preferential policy.

    5.For the foreign financed enterprises in the EDZ, with the approval of taxation authority, the method of tax levy first and tax return later can be used, from the year the enterprise gains profit, the local income tax will be exempted for ten years.

    6.The foreign financed enterprises in the EDZ will be levied on taxes and enjoy related preferential policies of the EDZ.

    7. For the foreign financed enterprises in the EDZ, they will be free for other administration fees except land fee.

    8.The technology of the foreign financed hi-tech enterprise can cover 35% of total registered capital.

    9.For the equipment of foreign financed hi-tech enterprises, which are used in development of hi-tech and production of hi-tech products, with the approval of the financial and taxation authorities, their depreciation can be accelerated. The depreciation fee will be kept to revamp for the enterprises.

    10.The foreign financed hi-tech enterprises with operation period over 10 years can have an additional three years for paying half of income tax after the specified reduction and exemption period of income tax expires, if the income tax rate after half exemption is lower than 10%, the income tax will be paid according to 10% income tax rate.

    11.For the foreign financed enterprise with products for export, after the specified reduction and exemption period of income tax expires, if the export goods value reaches over 50% of the output value of that year or over 1 million USD, the income tax can be half exempted. The income tax rate after half exemption is lower than 10%, the income tax will be paid according to 10% income tax rate.

    12.Encouraging transnational corporation for investment
    a. The transnational corporations, which have more than three productive or infrastructure companies in China and which have had actual investment capital over 30 million USD, can apply for establishing investment companies in Wuhan.
    b. The transnational corporations, which have established more than three foreign financed companies in Wuhan, can be approved to set up group corporation and can use the name of group corporation after approved by the industrial and commercial bureau.
    c. The transnational corporations invested in the city infrastructures of communications, energy and etc. in Wuhan are allowed to control the stocks or to solely operate the city infrastructures besides otherwise specified by the Chinese Government.
    d. The land application right price of the transnational corporation invested in large or medium projects, or technology and capital conglomerated projects and agricultural projects will be negotiated according to current price or will be paid by installments.