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Management Measures of Tianjin Port Free Trade Zone on Foreign Investment and Export Purchase Center
JBGF [2004] No. 12
These Measures are formulated to make full use of key functions of Tianjin Port Free Trade Zone, Airport Logistics Processing Area and Airport International Logistics Area that serve and radiate to Bohai Sea Rim and North China and Northwest China, further enhance foreign trade, expand opening up and attract foreign investment in accordance with Management Measures on Establishment of Foreign Investment and Export Purchase Center and Rules of Tianjin Port Free Trade Zone promulgated by the State.
Article 1 The Management Committee will set up a special project group to process industrial and commercial, customs, foreign exchange and tax registration as soon as possible for the export purchase centers registered and founded by the foreign companies, and help solve various problems incurred in enterprise operation.
Article 2 The Management Committee will support by using í░enterprise development fundí▒ for the foreign export purchase centers engaged in production, processing, logistics distribution, construction and logistics facilities. Actual standards are subject to cooperation agreement executed between the two parties.
Article 3 The Management Committee will support by using í░enterprise development fundí▒ for the foreign export purchase centers within three years at 2% of the added value and 2.5% of the operating income respectively; in addition, for the first two years, the support will be provided at 12% of their total profits, while for the later six years, the support at 6% of the their total profits.
Article 4 The foreign export purchase center can enjoy export rebates required by the State. The Management Committee will coordinate with the municipal relevant departments and ensure timely and full receipt of rebates from the municipal finance bureau.
Article 5 These Measures will be subject to interpretation by the Tianjin Port Free Trade Zone Research Office and Bureau of Finance.
Article 6 These Measures will go into effect on March 1, 2004.
February 20, 2004
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