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Investment polices of Guangdong province

Update:2016-10-25

Those projects in the "Catalogue of Industries in which Foreign Investment is Encouraged" will be given priority to use land. Those industrial projects within the "Catalogue of Industries for Prior Development in Guangdong Province" are allowed a 30 percent discount on lands’ lowest price based on the "National Lowest Price Standard for Industrial Land Transfer".

Overseas senior executives and professional elites in foreign-invested companies, as well as overseas technical experts and talented professionals from R&D centers or key labs under the "Catalogue of Industries in which Foreign Investment is Encouraged" will have priority for applying for a visa letter, work permit, foreign expert certificate, and visa extension in China.

Those projects that fit the "Catalogue of Industries in which Foreign Investment is Encouraged" will be supported with special funds.

Foreign-invested service outsourcing companies which comply with State regulations, and B-class companies or above under Customs management category, will receive the bonded supervision of Customs.   Foreign-invested companies are encouraged to settle in Guangdong Industrial Transfer Park and can get special support funds.

For the companies engaged in system management and maintenance, IT support and management, back office services of banks, financial settlement, HR services, software development, and off-shore call centers and data processing — which are under the "Catalogue for the Guidance of Industries for Foreign Investment" — they can enjoy duty exemptions while importing equipment.

For those qualified foreign-invested R&D centers, duty can be reduced or rebated on equipment purchase.

The projects encouraged in the "Catalogue for the Guidance of Industries for Foreign Investment" can enjoy duty exemptions while importing equipment. The import linkage tax will be deductible.   Four kinds of foreign-invested companies, namely encouraged, product imported, advanced technological companies, and R&D centers, shall be exempt from customs duties when they import company-used equipment, technology, and components using four kinds of capital – reserve funds, development funds, depreciation funds and after-tax profits.

Source: Guangdong Business Guide 2015 (《广东投资指南2015》) released by Department of Commerce of Guangdong Province.