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

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

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.

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