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Xinzhou Bureau in charge of Science will
help enterprises entering our center to apply for their titles of
hi-tech enterprises to Wuhan Bureau in charge of Science, and those
enterprisescan also protected by related policies of each level
from country to area of supporting the development of hi-tech enterprises.
All enterprises received investments will
be levied at the rate of 15%; in the first two years the tax can
be omitted, and from the third year to the fifth year, the tax will
be reduced to half.
Enterprises engaged in the machining of agricultural products will
be omitted 30% tax for continuous 10 years after the favorable tax
period.
Enterprises using waste gas, water and dregs as their raw material
to carry out production will be reduced or omitted their tax according
to related policies in 5 years.
Taxes of the earning of technology training
and net income of the year will be omitted when the amount is under
the formulary tax-free amount, if the enterprises entering our center
carry out technology transfer of the consulting service related
to the technology transfer.¡¡
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