|
Table: Rates of Taxation on the income of Foreign-Funded Enterprises |
|
|
|
Investment area |
Kunming Area |
Kunming Economic and Technology Development Zone |
Kunming National High-tech. Zone |
Dianchi Lake Tourism and Vacation Zone |
Border Economic Operation Zones in Hekou Ruili and Wanding |
Other Areas |
|
Proferential Treatmen |
|
R a t e s |
Productive enterprise |
24% |
15% |
High-tech. Enterprises:15%
other enterprises:24% |
24% |
24% |
30% |
|
Nonproductive enterprise |
30% |
30% |
30% |
24% |
24% |
30% |
|
Enterprises whose annual exports account for more than 70% of the annual total output value |
12% |
10% |
High-tech. Enterprises:10%,
other enterprises:12% |
12% |
12% |
15% |
|
Technological advanced enterprises continue being exempt from half of the income tax for another 3 years (after two-year exemption and tree-year half exemption from income tax from the first profit-making year) |
12% |
10% |
High-tech. Enterprises:10%,
other enterprises:12% |
- |
12% |
15% |
With government approval, a preferential tax rate of 15% will be applied to construction projects in transportation, energy and port facilities; and technology-intensive projects or projects with a total foreign investment of more than USD 30 millions whose investment recovery period is lengthy.
|
|
|
Table of partial taxations and its rates |
|
Taxes |
Domains for paying taxes |
Rate of taxes(%) |
|
Value Added Tax |
General products and labors |
17 |
|
a. Grain, vegetable cooking oil b. Running water, central heating, air conditioning, hot air, gas, liquefied natural gas, natural gas, biomarsh gas, coal products for domestic use. C. Pictures, newspapers, magazines. d. Feed, chemical fertilizers, farm machinery and agricultural film. E. Other items regulated by the State Council (Including mining and ore dressing products of metallic and non-metallic ores, agricultural products). |
13 |
|
Exporters are exempt form value added tax except stipulated otherwise by the State Council. |
0 |
|
Consumption Tax |
Produce, undertake commission processing of , and import cigarettes, alcoholic drinks, alcohol, cosmetics, skin creams and moisturizers, hair care articles, costly ornaments and jewelry, firecrackers and fireworks, gasoline, diesel fuel, tires, motorcycles, automobiles (cars, cross-country cars, minibuses)and those other dealing with the retailing of gold and silver ornaments. |
5-45 |
|
Business Tax |
Transportation, construction, post and telecommunications services, cultural and sports undertaking. |
3 |
|
The services (including agent service, hotels, catering, warehousing and storage business, leasing, advertising), transferring intangible assets( right to land use, patents, technology without patent, trademark privileges, copyright, goodwill) and selling real estate. |
5 |
|
Financial and insurance business. |
8 |
|
Entertainment Business (Discos, Karaoke Bars, Music Salons, billiard rooms, golf coursed, bowling alleys, amusement parks)(5% for rural areas and townships) |
10 |
|
Urban House Tax |
(1)Levied by the house’s value, and calculated by the value acquired by the method of the house’s original value minus the surplus from the depreciation. |
1.2 |
|
(2)Levies in the form of rent, and calculated in accordance with the income from the rent. |
12 |
|
License Tax |
Foreign-funded enterprises shall pay license tax on the motor vehicles they own and use according to the Provisional Regulations on License Tax, and the List of Yunnan Provincial License Tax. |
|
|
Customs Duties |
For those foreign investment projects which comply with the encouraged category, the imported equipment, accessories and spare parts for self use within the gross investment and the approved addition are exempt from tariffs and added-value tax for imported commodities as car and computer, etc.. |
|
|
Foreign-funded enterprises shall be exempt from an import license when importing raw material, fuels, cargo in bulk, spare parts and components, auxiliary equipment and materials, and packaging materials necessary for carrying on agreements for producing export products. The customs house shall place the imported goods in bond while inspecting the required documents, and upon the confirmation of the authenticity of the documents, shall give the imported goods laissez-passer. When Foreign-funded enterprises export processed products regulated by the state export licensing system, the Customs house shall let the products pass after the inspection of the export permit. |
|
|
Individual Income Tax |
Any one dwelling in China and living in the country for one year shall pay income tax on the income derived both inside and outside of China. Any one who has no dwelling and does not live in China or who has no dwelling in China but has lived in the country for less than one year shall pay income tax on the income derived inside China. |
|
|
Any one who has no dwelling in China but has lived continuously or intermittently for fewer than 90days in the country in a tax year shall be exempt from individual income tax on the income derived inside China and on the part of the income paid by a foreign employer but not born by the employer’s establishment of office in China. |
|
|
|
TAXES
Fees (Kunmint Area)
1.Electricity
|
Electricity--Costs of different voltages |
|
Voltage used by the customers(kv) |
Fee to be paid (yuan per KVA) |
|
0.38/0.22 |
250-270 |
|
10 |
200-220 |
|
35 |
150-170 |
|
63 |
100-110 |
|
110 |
70-90 |
|
|
|
Electricity--Current power price of Kunming |
|
Item |
Power price (yuan/k Wh) |
|
<1KV |
1-10KV |
35-110KV |
>110KV |
|
Domestic power consumption |
0.402 |
0.392 |
|
|
|
Non - industry and ordinary industry |
0.434 |
0.424 |
0.414 |
|
|
Large industry |
|
0.333 |
0.313 |
0.298 |
|
Business |
0.674 |
0.664 |
|
|
|
|
2.Water costs
|
Water costs--current water price of kunming |
|
Nature of consumers |
Unit |
Price (Yuan) (including the fee of
water pollution 0.35 Yuan/Ton) |
|
Habitants, Civil fire control |
Ton |
1.20 |
|
Public associations and non profit Associations |
Ton |
1.45 |
|
Industrial enterprises, communications, transportation and Agriculture, forestry, fishery etc. |
Ton |
1.60 |
|
Commercial trade, entertainment, Touricsm entertainment |
Ton |
1.90 |
|
Hostels and restaurants |
Ton |
1.00 |
|
Small Hotels |
Ton |
1.00 |
|
|
|
Water costs--Construction fee of newly installed water supply facility |
|
Diameter of water tap (mm) |
Cost (Yuan) |
|
20 |
1,920 |
|
25 |
2,640 |
|
40 |
7,560 |
|
50 |
12,000 |
|
80 |
72,000 |
|
100 |
120,000 |
|
150 |
240,000 |
|
200 |
360,000 |
|
250 |
540,000 |
|
300 |
900,000 |
|
|
3.Communication price
|
Communication price--Telephone expense of Kunming |
|
Item |
Sort |
Unit |
Installation fee (yuan) |
Monthly rent (yuan) |
Each time charge |
|
Ordinary phone |
One |
308 |
25 |
0.2 yuan for the first 3 minutes and then 0.1 yuan per minute |
|
|
4.Gas rate
|
Gas rate--Fund raising charge of piped gas |
|
Nature of the consumers |
Unit |
Fund raised (Yuan) |
Note |
|
Civil consumers |
Each household |
600 |
|
|
Public construction consumers |
M3/day |
330 |
|
|
Industrial consumers |
M3/day |
140 |
Large - scale consumers can enjoy preferential price |
|
|
|
Water costs--Construction fee of newly installed water supply facility |
|
Diameter of water tap (mm) |
Cost (Yuan) |
|
20 |
1,920 |
|
25 |
2,640 |
|
40 |
7,560 |
|
50 |
12,000 |
|
80 |
72,000 |
|
100 |
120,000 |
|
150 |
240,000 |
|
200 |
360,000 |
|
250 |
540,000 |
|
300 |
900,000 |
|
|
5.Salary and wage of staff members
|
Salary and wage of staff members |
|
Senior staff |
30 to 40 thousand RMB Yuan per year |
|
Technician |
20 to 30 thousand RMB Yuan per year |
|
Ordinary staff members |
8 to 15 thousand RMB Yuan per year |
|
|
6.Transportation fee
|
Goods Transportation rate by railway |
|
Item |
Number |
Basic price arrival |
Basic price of the transportation |
|
Unit |
Amount |
Unit |
Amount |
|
Wagon |
1 |
Yuan per ton |
4.60 |
Yuan per ton km |
0.0212 |
|
2 |
Yuan per ton |
5.40 |
Yuan per ton km |
0.0243 |
|
3 |
Yuan per ton |
6.20 |
Yuan per ton km |
0.0284 |
|
4 |
Yuan per ton |
7.00 |
Yuan per ton km |
0.0319 |
|
5 |
Yuan per ton |
7.90 |
Yuan per ton km |
0.0360 |
|
6 |
Yuan per ton |
8.50 |
Yuan per ton km |
0.0390 |
|
7 |
Yuan per ton |
9.60 |
Yuan per ton km |
0.0437 |
|
8 |
Yuan per ton |
10.70 |
Yuan per ton km |
0.0490 |
|
9 |
Yuan per ton |
|
Yuan per ton km |
0.1500 |
|
Ice retaining |
Yuan per ton |
8.30 |
Yuan per ton km |
0.0455 |
|
Machine retaining |
Yuan per ton |
9.80 |
Yuan per ton km |
0.0675 |
|
Bulk freight |
21 |
Yuan per ton |
0.087 |
Yuan per ton km |
0.000365 |
|
22 |
Yuan per ton |
0.104 |
Yuan per ton km |
0.000438 |
|
23 |
Yuan per ton |
0.125 |
Yuan per ton km |
0.000526 |
|
24 |
Yuan per ton |
0.150 |
Yuan per ton km |
0.000631 |
|
Container |
1 ton |
Yuan per ton |
7.40 |
Yuan per ton km |
0.0329 |
|
5-6 tons |
Yuan per ton |
57.00 |
Yuan per ton km |
0.2525 |
|
10 tons |
Yuan per ton |
86.20 |
Yuan per ton km |
0.3818 |
|
20 feet |
Yuan per ton |
161.00 |
Yuan per ton km |
0.7128 |
|
40 feet |
Yuan per ton |
314.70 |
Yuan per ton km |
1.3935 |
|
|
|
Goods Transportation by air from Kunming to main cities of China |
|
Unit: Yuan per kg
|
Destination |
Normal price |
Express price |
Destination |
Normal price |
Express price |
|
Baoshan |
2.80 |
4.20 |
Ningbo |
8.60 |
12.90 |
|
Beihai |
4.90 |
7.35 |
Qingdao |
10.00 |
15.00 |
|
Beijing |
9.60 |
14.40 |
Qinhuangdao |
10.20 |
15.30 |
|
Changchun |
12.90 |
19.35 |
Shanghai |
8.90 |
13.35 |
|
Changsha |
5.70 |
8.55 |
Shantou |
7.10 |
10.65 |
|
Changzhou |
8.70 |
13.05 |
Shengyang |
11.70 |
17.55 |
|
Chengdu |
4.20 |
6.30 |
Shenzhen |
6.20 |
9.30 |
|
Chongqing |
3.90 |
5.85 |
Shijiazhuang |
9.10 |
13.65 |
|
Dali |
2.30 |
3.45 |
Simao |
2.50 |
3.75 |
|
Dalian |
10.70 |
16.05 |
Taiyuan |
8.00 |
12.00 |
|
Fuzhou |
8.60 |
12.90 |
Tianjing |
9.40 |
14.10 |
|
Guangzhou |
6.60 |
9.90 |
Wanxian |
5.30 |
7.95 |
|
Guilin |
4.70 |
7.05 |
Wenzhou |
8.50 |
12.75 |
|
Guiyang |
3.10 |
4.65 |
Wuhan |
6.60 |
9.90 |
|
Haikou |
5.40 |
8.10 |
Wulumuqi |
11.70 |
17.55 |
|
Hangzhou |
9.00 |
13.50 |
Xiamen |
7.70 |
11.55 |
|
Harbin |
13.50 |
20.25 |
Xian |
6.10 |
9.15 |
|
Hefei |
8.10 |
12.15 |
Xichang |
2.60 |
3.90 |
|
Huangshan |
8.70 |
13.05 |
Jinghong |
3.10 |
4.65 |
|
Huangyan |
9.00 |
13.50 |
Xuzhou |
8.50 |
12.75 |
|
Jinan |
9.00 |
13.50 |
Yantai |
10.50 |
15.75 |
|
Lanzhou |
7.90 |
11.85 |
Yibing |
3.30 |
4.95 |
|
Lasa |
11.20 |
16.80 |
Yichang |
6.00 |
9.00 |
|
Lijiang |
2.70 |
4.05 |
Yinchuan |
7.10 |
10.65 |
|
Liuzhou |
4.30 |
6.45 |
Zhangjiajie |
4.40 |
6.60 |
|
Luzhou |
3.40 |
5.10 |
Zhanjiang |
5.10 |
7.65 |
|
Mangshi |
3.20 |
4.80 |
Zhaotong |
2.70 |
4.05 |
|
Nanchang |
6.90 |
10.35 |
Zhengzhou |
7.30 |
10.95 |
|
Nanjing |
8.30 |
12.45 |
Zhongdian |
3.50 |
5.25 |
|
Nanning |
4.00 |
6.00 |
Zhuhai |
6.30 |
9.45 |
|
|
7.Registration fee
|
Registration fee |
|
Item |
Fee |
|
Pre - approval of Name |
20 -50 Yuan |
|
Registration fee |
Registered capital under 10 million Yuan |
0.1% of the registered capital |
|
Registered capital over 10 million Yuan |
0.05% of the registered capital |
|
Registered capital over 100 million Yuan |
Free of Charge |
|
Announcement fee |
400 Yuan |
|
|
8.Construction and planning fee
|
Construction and planning fee |
|
Item |
Charge standard |
Note |
|
Labor and insurance fund |
4% of the total investment |
Retrun after the engineering is qualified |
|
Earnest money for loose cement |
2.5 Yuan per M2 |
Retrun after the engineering is qualified |
|
Special fee for new type wall |
6 -7 Yuan per M2 |
Retrun after the engineering is qualified |
| | |
