Ministry of Commerce, Ministry of Finance, General Administration of Customs and State Administration of Taxation, Circular on Measures for Reviewing the Qualifications of Foreign-invested Research and Development Centres for Tax Exemptions/Refunds on Procured Equipment

商务部、财政部、海关总署、国家税务总局关于外资研发中心采购设备免/退税资格审核办法的通知

May 13, 2010 | BY

clpstaff &clp articles

Tax exemption for foreign-invested R&D centres clarified.

Clp Reference: 3210/10.03.22 Promulgated: 2010-03-22 Effective: 2010-03-22

Issued: March 22 2010
Effective: as of date of issuance

Main contents: The Circular clarifies matters relating to the exemption of import taxes on articles imported by foreign-invested research and development centres for scientific and technological development purposes and the refund in full of the value-added tax on Chinese-made equipment procured by them.

Related legislation: Tentative Provisions for the Exemption of Import Taxes on Articles Used for Scientific and Technological Development Purposes, 2007; and Circular on Tax Policies for Equipment Procured by Research and Development Institutions, 2009

clp reference:3210/10.03.22
prc reference:商资发 [2010] 93号
promulgated:2010-03-22
effective:2010-03-22

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