ZIEP Additional policies

1. For the newly established project, when it go through relative procedure or applying for certificates, we only charge for the cost of the certificate and charge as charge d affair for the provincial administrative fees. Other local administrative fees are free of charge.
2. We charge at the lowest price for water resource fees, sewage draining fees as well as the provincial administrative fees in the first 3 years since the year when a new enterprise is put into operation. Other local administrative fees are free of charge.

For the newly established enterprise, if it recruits staffs from the existing state-owned companies located the development zone, it shall pay 50% of pensions for each female worker who is over 40 years old and male worker who is over 50 years old and pay 100% of pensions for each female worker who is over 45 years old and the male one, 55. However, the enterprise will get refund from the development zone by the end of the year after being examined and approved.

OTHER POLICIES

1. When the registered enterprise of the Zone applies for loans which is complies with conditions of credit policy of the financial facilities, it will be settled on time. At the meantime, when the enterprise draws money from its basic account for reasonable activities, the financial facility will offer it convenient service.
2. Enterprise registered in the Zone owns its rights of autonomous operation and management.
3. We supply all round services for the project examination and approving, registration in Industrial and Commercial Bureau and Tax Bureau.
4. We will assist the foreign staffs and overseas Chinese to apply for temporary residential certificates and multi-entry visa and assist to arrange their children’s entry in kindergarten or school.
5. We encourage project like vast land development, sole industrial park, important project and hi-tech project which comply with the Catalogue for Hi-tech Products. For these projects, we offer special policy according to investor’s requirement.
6. We protect the personal safty and property of the enterprise and keep public security. To the enterprise that has 50-200 staffs, the security service company will send 1-3 guards and to large scaled one, the police office could establish relationship with the enterprise.

In order to increase the development zone attract/bid for/invite investments dynamics, the promotion economy development, after the research, formulates this reward means:

First article invests and brings in foreign capital human's limits:

1. pair the workshop, the equipment and its the land fees from sales which conforms to the country industrial policy project investor to invest and so on for the fixed asset investment. Its investment cost computation take the effective primitive bill as, after verifies unmistakably, takes the imported project reward the basis.
2. development zone original enterprise and the resident population invest in the industry garden area constructs the new enterprise, conforms to the condition investment project to enjoy the development zone attract/bid for/invite investments each preferential policy, does not enjoy the attract/bid for/invite investments reward.
3. project reward take the fixed asset investment 10 million Yuan as the beginning, regards the investment cost and the investment deadline but decides, invests the deadline not to surpass generally for 2 years, the investment project invests by stages only presses the first issue of investment cost to count the prize.
4. pair brings in foreign capital human's reward, only rewards as soon as brings in foreign capital the human, namely first introduces the investor to the development zone investment person. Like as soon as brings in foreign capital the human to surpass above a person, not the redundant idea prize, its bonus by brings in foreign capital human representative to receive and to assign voluntarily.
5. outside areas investors and the development zone the enterprise or the resident population pool capital the cooperation items of basic construction in the industry garden area, its businessmen are invited to open companies amount the amount which invests actually by the outside areas investor takes the attract/bid for/invite investments the idea prize amount. Its as soon as brings in foreign capital the human perhaps pools capital the cooperation partner with the outside areas investor perhaps introduces the outside areas investor and the development zone enterprise, resident population joint capital cooperation management commissoner.
6. outside areas merchants come the development zone various departments to carry on the investment voluntarily to consult and to carry on the investment construction the project, its project brings in foreign capital artificial accepts the consultation and constructs the department for the project which the entire journey serves, its reward submits a report the correlation data by the China Merchants Steamship Company person in charge after the development zone management meeting concerned leader, gives the department according to the actual situation or individual certainly rewards.
7. establishment attract/bid for/invite investments registration sets up a file the system. Sets up the item when the project namely brings in foreign capital the human by China Merchants Steamship Company to the project to carry on the registration to set up a file, and signs the investment agreement.

The second article reward standard and rewards specially:

1. (1)th, reward standard

   Take the industrial project as the foundation, establishes a branch 5 scales, the reward project as soon as brings in foreign capital the human (not to have recommends human project to reward investor).

   A kind of prize: The investment cost 200 million Yuan (contain 200 million Yuan) above, by investment cost 1% reward (in industrial garden area infrastructure project by this scalar prize).

   Two kind of prizes: The investment cost 100 million Yuan (contain 100 million Yuan) - 200 million Yuan, (opration infrastructure project carries out this scalar prize) by the investment cost 0.8% reward.

   Three kind of prizes: The investment cost 50 million Yuan (contain 50 million Yuan) - 100 million Yuan, by investment cost 0.6% reward.

   Four kind of prizes: The investment cost 10 million Yuan (contain 10 million Yuan) - 50 million Yuan, by investment cost 0.3% reward.

   Five kind of prizes: The investment cost 5 million Yuan (contain 5 million Yuan) - 10 million Yuan, by investment cost 0.1% reward (property development project senate according to this proportion execution reward).

2. (2) rewards specially

   1st, the world 500 strong enterprises projects, the national 863 plans projects, the national 973 plans projects as well as academician the project, according to second first section, enhances a scale reward in turn.

   2nd, the foreign investment enterprise's foreign capital are partial (arrives actually according to fund Japan National Foreign Exchange Bureau announcement exchange rate conversion for Renminbi), according to second first section, the bonus increases 50%.

3. (3)th, exchanges the prize way

   As gets up the prize spot take the single item investment project 5 million Yuan, the investment fund arrives, after and the experience capital exchanges the prize. The identical project, may invest by stages, according to the investment volume correspondence industrial project reward standard, the nuclear prize, the bonus by stages cashes by stages, after namely the project (or an issue of project) goes into production cashes the bonus 50%, the surplus 50% bonus from go into production after to reach in the tax retain to cash.

Third article brings in foreign capital the human to pay taxes:

1. After brings in foreign capital the human to receive the bonus to be supposed to pay the personal income tax voluntarily according to the national related stipulation.

Fourth article reward capital source:

1. The development zone management committee sets up the attract/bid for/invite investments special fund, includes this level of fiscal budget.

Fifth article reward procedure:

1. (1) brings in foreign capital when the human recommends the project, first to the development zone attract/bid for/invite investments reward inspection leading group office provides the project material and sets up a file.
2. (2) brings in foreign capital the human to start when the project fund to arrive begins the construction to the project, should hold the material to the development zone attract/bid for/invite investments reward inspection group office to fill in "Cangzhou Lingang Economic development zone

Attract/bid for/invite investments Reward Request form", hands in the reward application:

1st, after the bank, the industry and commerce department and the development zone finance bureau verifies examines the capital report;

2nd, the enterprise business license and the tax affairs register effective copy.