I. The preferential policies for processing enterprises

1. The corporations, enterpsises and other economic organizations or individuals inside or outside the boundary of the country may establish processing enterprises in FFTZ. productive items which total money invested less than USD 3 thousands go through formalities according to "Items Register System" of FFTZ.Generally the management range of enterprises is not limited by professional administration. 2. Investors outside the boundary of the country set up productive enterrprises in FFTZ,the product sale is not set up any ratio between domestic and abroad. 3. Enterprises import productive device, building material and rationable amount of office-use articles for self-use, is duty-exempt and exempted from import link value-added tax and consumption tax. 4. Enterprises import needed raw material, spare parts for producing export products, is duty-exempt and exempted from import link value-added tax and consumption tax. 5. Enterprises use import material and articles for processing products to sell to domestic markets, levy a tax on customs tax and import link value-added tax, comsumption tax according to the value of import material and articles(normal C. I. F.), the added value of processing in FFTZ daes not count into import tax . 6. Enterprises import raw material . spase parts for processing need ,need not pay bail and carry out bank bail subsidiary account system. 7. Enterprises develop bonded processing business, may choose self-processing in zone, entrust enterprises in zone to process, entrust enterprises outside zone to process, or accept entrustment of enterprises outside Zone to process. 8. Chinese funded enterprises in Zone engage in export processing business, enjoy all the preferential policies our country bestow on the foreign funded enterprises. 9. Enterprises may purchase raw material and spare partrs from non free trade to process and add the value then export directly . 10. Foreign funded enterprises with business duration more than 10 years levy a tax on enterprises profits according to 15 percent reduction, enjoy treatment of income tax "two years exemption and three years reduction "from the year making a profit. 11. Enterprises engage in free trade processing, are exempted from processing link value-added tax. 12. Processing enterprises may engage in international trade, bonded storage, commodities exhibition and other business served for production, life at the same time.

II. Preferential policies for enterprises engage in trade

13. Both investors with in the boundary of the country and outside the boundary of the country may establish trade corporations in FFTZ to manage international trade, transit trade, trade business in zone and various kinds of introduction business. 14. The trade business activity of the enterprises in the Zone is not lomited by professonal administration, quato limit and licenses limit. 15. Goods of FFTZ may be free in and out between free trade Zone and outside the boundary of the country, may spread freely in the Zone. 16. Goods transport into FFTZ from outside the boundary of the country and transport abroad from FFTZ or circulatiing with in the zone are duty exempt and exempted from import link value-added tax and consumption tax. 17. Allow enterprises in the Zone to engage in large free trade productive material trade business. 18. Enterprises amoung free trade Zone develop free trade goods transaction business are exempted from value-added tax. 19. Allow enterprises in the Zone and corpsrations.enterprises.other economic organiztions inside the boundary of the country and abroad to develop commodities exhibition, sale activities in FFTZ. 20. Allow enterprises in FFTZ to buy out the products export of the enterprise which have import and export business rights in non-free trade zone. 21. Allow enterprises in FFTZ to sell import goods to corporatons which has import and export management rights in non-free trade zone . 22. Enterprises in the zone purchase products from non-free trade Zone to export, accord with the export drawback conditions, the import and export corporations outside zone may handle export draback formalities.

III. Preferential policies for enterprises engaging in bonded storage

23. Enterprises in the zone may engage in import goods, trannsit goods, passing the goods through the territory of the country. export goods, customs transit goods. exhibition goods and other goods free trade storage business apporoved by the Customs. 24. Goods entering into FFTZ for bonded storage are not limited by storage time . 25. Allow enterprises in the zone to carry out business processing to the bonded goods in bonded warehouse, such as package. classifying, paste up label and deviding and packing . 26. Enterprises of large storage transportation in the zone may engage in business such as shipping agency business, goods agency business , the transportation of bonded commodities. 27. Allow enterprises of Large storage transportation use EDI customs declaration pattern to apply to customs in import and export business.

IV. Prefrential policies for finance and foreign exchange

28. Encourage finance and insurance organizations inside or outside the boundery of the country to set up branch or agency in FFTZ. 29. Enterprises may issue stock. bond inside and outside the boundary of the country approved by relevant authorities and may blend capital out to abroad. 3O. All the enterprises in free trade Zone may open an account of foreign exchange with a bank in Zone. 31. Enterprises approved by relevant authorities may open foreign exchange account outside the boundary of the country. 32. The foreign exchange income of enterprises management may retain in cash for turnover use. 33. Enterprises with in FFTZ may settle account by foreign currency, or by RMB.

V. Preferential Policies for Tax Revenue

34. Enterprises in free trade Zone are exempted from local income tax. 35. Enterprises in FFTZ build themself or purchase house for self-use, are exempted from house property tax within five years from the day building finished or purchase. 36. The fixed assets of the enterprises needs to shorten the depreciation of the number of years because of some special reason, the enterprises raise the application, it put into effect after examined and approved by finance and tax organizations. 37. The income tax of the non-productive enterprises enjoy the preferential policies of Fuzhou Free Trade Zone and Fuzhou Economic and Technological Development Zone. 38. The Chinese funded enterprises with register capital more than RMB 1 million yuan and foreign-funded enterprises with rigister capital more than USD 150,000, according to the taxable actual payment of value-added tax. business tax. enterprises income tax, the fifty percent of the appropriation local level finance income will be allocated to the enterprises to be supporting enterprises development fund. 39. The enterprises above with register capital less than that, but their grand total actual payment of value-added tax more than RMB 300,000 yuan, according to their taxable actual payment, the fifty percent of appropriation to be local level finance income will allocated to the enterprises to be supporting enterprises development fund, allocte to enterprises.

VI. Other Policies

40. In the fields of individuals income tax, net profits remit, second investment drawback, making up a deficiency before tax, labour payment, labour administration capital construction administration and advanced technology enterprises , export value enterprises, FFTZ carry out all the preferential policies to the enterprises in the Economic and Technological Development Zone, Taiwanese Investment Zone, HI-TECH park which the state bestow on.

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