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Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 631/2/7
12 January 2010
Dear Sirs,
Commercial Information Circular No.29/2010
The Mainland of China : Notice Concerning Catalogue on Environmental Protection, Energy and Water Conservation Projects Eligible for Concessions of Corporate Income Tax (Interim)
The Ministry of Finance, the State Administration of Taxation and the National Development and Reform Commission have jointly issued the "Catalogue on Environmental Protection, Energy and Water Conservation Projects Eligible for Concessions of Corporate Income Tax (Interim)", which took retrospective effect on 1 January 2008. A copy of the relevant notice is attached at Appendix (pdf format) for reference.
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According to the "Law on Corporate Income Tax of the People's Republic of China" and its implementation regulations, enterprises engaging in environmental protection projects fulfilling the relevant requirement shall be eligible for exemption from corporate income tax in the first three years starting from the tax year when the projects obtain income from production and operation, and shall have their corporate income tax reduced by half from the fourth to the sixth year. For details, please refer to CIC No. 132/2007 dated 21 March 2007 and CIC No. 499/2007 dated 13 December 2007.
ENQUIRIES
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If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.
Yours faithfully,
(Miss Meea WONG)
for Director-General of Trade and Industry
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Electronic services for Production Notification, Certificate of Origin, Textiles Notifications, and Cargo Manifests enable traders to lodge/make the relevant applications directly through their office computer faster and easier. Tradelink Electronic Commerce Ltd runs services for the above documents. Global e-Trading Services Ltd and Brio Electronic Commerce Ltd provide services for Cargo Manifests. Please call the service providers for enquiries on their services:
Brio Electronic Commerce Limited (Tel: 2111 1288)
Global e-Trading Services Limited (Tel: 8109 1820)
Tradelink Electronic Commerce Limited (Tel: 2599 1700) |
| Note : |
(1) In case of discrepancies between the Chinese and the English texts of this circular, the Chinese text shall for all purposes be conclusive.
(2) While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same. | |
