Income tax rate for Hi-tech enterprise is 15%. The enterprise will be exempted from income tax within 2 years from the production date; if the export value of an enterprise can reach over 50% of the total output value of the year, the income tax would be collected at the rate of 10%. The enterprise will be exempted from business tax of new technique royalty.

If annual net income of consulting, servicing and training in technique transfer: below 300,000 RMB per year, the enterprise will be exempted from income tax; if the annual net income: between 300,000 to 800,000 RMB, the enterprise will be collected the income tax and then refunded.

An enterprise which can produce hi-tech products in Wuhan city or pilot plant products listed in city plan will be collected the income tax and then refunded within 3 years; and refunded 50% of local proportion of appreciated tax.

After putting into production of the technology imported project, the enterprise will be refunded the income tax of net profit of the project within 3 years by financial department. If a Wuhan registered enterprise that develops the advanced computer software with potential application value has earned more than 10 million RMB per year.

The enterprise would be refunded the 80% of local proportion of new appreciated tax within 3 years. As for the hi-tech project in the EDZ, it will be free for other municipal administration frees except land fee.

The enterprise will be collected the stamp duty for the contract about Hi-tech transfer and then refunded it. When the enterprise establishes or purchases its workshops, the financial department will collect the real estate tax, and then refund it.

The technique that confirmed by local science and technology administration department can cover 35% of total registered capital.