According to the government files on improving the service system of Linyi Trading Complex for international trade, we will adopt the following policies:
1.Strengthen fiscal support. A special fund of 10 million yuan will be allocated to support the markets, business dealers and foreign trade enterprises to do international trade; Goods cleared from Linyi Customs in the model of “tourism goods” will be subsidized 500 yuan/TEU; Expenses to explore the international market such as international exhibition booth fee, exported goods certificate, overseas trademark registration, and advertisement in foreign media will be given full subsidy; 50% subsidy will be given for Export Credit Insurance.
2. Strengthen tax support. Value-added tax, urban construction tax, and education surcharges will be exempted for the goods cleared and exported in the model of “tourism goods”. For small enterprises with a taxable income of less than 60,000 (including 60,000), 50% of the income is considered taxable, and they will enjoy a corporate income tax rate of 20% till the end of 2015. The taxation bureau will collect tax for foreign trade enterprises according to the accout book.
3．Set up trust account for export tax refund. The city finance will arrange 200 million yuan as special guarantee fund for export tax refund and deposit to Commercial Bank, which will provide special tax refund loans with lower-than-benchmark lending rate to enterprises. The enterprise opens a trust account for export tax refund in designed bank, and applies for special export tax refund loans with all the necessary papers after customs clearance. The export enterprise declares tax refund as usual and the state taxation bureau will refund the export tax to its trust fund so that it can repay the loans from the bank. This will be applied to all the foreign trades enterprises in the city.
4. Better foreign-related services. We will further improve our services in Linyi Port, and set up international trade service center as well as purchaser service center and build international trade service platform of Linyi Trade Complex. We will construct container yard, and cooperate with export enterprises, ports and shipping companies to increase the utilization rates of container truck. We will also coordinate with port cities such as Qingdao and Rizhao to open green channels for exported goods, lower the fees or trucks with import and exported goods, and exempt container trucks with customs seals from inspection.
