Favorable policy

　　In order to encourage domestic and foreign investors to set up project, Jiangchuan Industry Garden will provide you excellent business environment, superior qualified service. At the same time, you can enjoy many favorable policies.

1． According to the regulation of Minhang District any joint ventures invested here can prolong one year for free tax and decrease half income tax furthermore except enjoying national present favorable policy from the beginning of benefit. 2． Joint ventures can get earth ownership with the valid period of 30-50 years for charge. 3． High-tech product and advanced technological enterprises among joint ventures is still the high-tech product and advanced technological enterprises after enjoying the above first favorable policy can apply for prolong three years to decrease half income tax. 4． The enterprise whose exported products of joint venture is up to above 70% can decrease income tax by 15% tax rate after application and authorization if the exported products meet the requirement in that year. 5． Joint venture reinvests original enterprise or local enterprise with profit can return 40% of paid income tax of reinvestment part. 6． The corporation income tax form profit from reinvestment of joint venture can return 70% as award to enterprise by local finance department within five years. 7． The local investment business enterprise registers in the Shanghai Jiangchuan Economic City, Shanghai Alliance Economic Garden belonging to Maqiao Town of Minhang district in Shanghai can get award from financial income of Maqiao Town according to policy.