State Administration of Taxation, Tax Collection Questions Relevant to the Implementation of the New «Foreign Investment Industrial Guidance Catalogue» Circular

Issued: May 30 2002

Main contents: The Circular states that foreign investment projects (including additional investment projects) under the encouraged category (as determined by the new Foreign Investment Industrial Guidance Catalogue) whose feasibility study report or whose company contract, articles of association or additional investment application is approved after April 1 2002 are entitled to all types of current preferential tax policies for encouraged category projects (Item One). Foreign investment projects under the encouraged category or type B of the restricted category (as determined by the old Foreign Investment Industrial Guidance Catalogue) approved before April 1 2002 shall continue to enjoy all types of current preferential tax policies on investment projects in this category (Item Two).
Related legislation:Foreign Investment Industrial Guidance Catalogue (Amended in 2007), Oct 31 2007, CLP 2007 No.10 p22