What preferential policies does the country have for registering Dongguan company?
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2020-03-27
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    Approval from:

    A/Preferential subject: (Implementation time: March 1 to May 31, 2020)
    1. The taxable sales income of small-scale VAT taxpayers in Hubei Province at a rate of 3% can be exempted from VAT
    2. The prepayment of VAT for small-scale VAT taxpayers in Hubei Province with a prepayment rate of 3% can be suspended
    3. For small-scale VAT taxpayers in other provinces, autonomous regions and cities other than Hubei, the taxable sales income at the rate of 3% can be exempted from VAT at the rate of 1%
    4. For small-scale VAT taxpayers in other provinces, autonomous regions and cities other than Hubei, VAT can be exempted from 1% of the prepayment rate for VAT projects with a prepayment rate of 3%
    B/Preferential subject: (Implementation time: phased reduction and exemption of social insurance premiums and reduction of medical insurance premiums will be implemented from February 2020)
    1. Small, medium-sized and micro enterprises participating in insurance, pension, unemployment and work-related injury, and the part paid by social insurance units can be exempted for a period of no more than 5 months
    2. Large enterprises and other insured units (excluding government agencies and institutions), pension, unemployment and work-related injury social insurance units can reduce the collection period by half to no more than 3 months.
    3. Hubei insured units (excluding government institutions), pension, unemployment and work-related injury social insurance units can be exempted for no more than 5 months
    4. Enterprises with serious difficulties in production and operation affected by the epidemic throughout the country can apply for postponement of payment of Du Bao fees, which in principle should not exceed six months
    5. For insured units, half of the payment of employee medical insurance units can be collected within 5 months
    2020-03-27 zero zero
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    Approval from:

    Preferential subject: (Implementation time: March 1 to May 31, 2020)
    1. The taxable sales income of small-scale VAT taxpayers in Hubei Province at a rate of 3% can be exempted from VAT
    2. The prepayment of VAT for small-scale VAT taxpayers in Hubei Province with a prepayment rate of 3% can be suspended
    3. For small-scale VAT taxpayers in other provinces, autonomous regions and cities other than Hubei, the taxable sales income at the rate of 3% can be exempted from VAT at the rate of 1%
    4. For small-scale VAT taxpayers in other provinces, autonomous regions and cities other than Hubei, VAT can be exempted from 1% of the prepayment rate for VAT projects with a prepayment rate of 3%
    Preferential subject: (Implementation time: phased reduction and exemption of social insurance premiums and reduction of medical insurance premiums will be implemented from February 2020)
    1. Small, medium-sized and micro enterprises participating in insurance, pension, unemployment and work-related injury, and the part paid by social insurance units can be exempted for a period of no more than 5 months
    2. Large enterprises and other insured units (excluding government agencies and institutions), pension, unemployment and work-related injury social insurance units can reduce the collection period by half to no more than 3 months.
    3. Hubei insured units (excluding government institutions), pension, unemployment and work-related injury social insurance units can be exempted for no more than 5 months
    4. Enterprises with serious difficulties in production and operation affected by the epidemic throughout the country can apply for postponement of payment of Du Bao fees, which in principle should not exceed six months
    5. For insured units, half of the payment of employee medical insurance units can be collected within 5 months
    2020-09-01 zero zero
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