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Investment
Field
Yingkou has provided a vast investment field for investors.
Foreign investors are welcome to establish joint-venture,
contractual joint ventures and solely-foreign funded
enterprises in Yingkou, and we especially welcome foreign
investors to carry out technical transplanting and
transforming to the local existed enterprises. The proposed
fields are as the following;
1、Industrial
Sectors
Textile industry with production lines renovation involving
cotton knitting products, special wide decoration cloth,
dyeing, 15,000-spindle fine count combined yarn project,
modified polyester slice,
nylon
66 filament, tussah silk cloth dyeing and bleaching as the
major sections;
Light industry with grand pianos, plastics-sealed miniature
electrical machinery, tri-color fluorescent powder, fuzzy
computer-controlled washing machines, super low pressure gas
heaters, color offset printing paper, beer, plastic products
for daily use as the major sections;
Machinery industry with number-controlled grinders,
number-controlled processing center, high-speed warping
machines, presses, bridge cranes and portal cranes, aluminum
pistons for automobile use, bushing, high precision moulds,
power cable, special valves, special pumps, high-tension
testing equipment, engineering machines, meters and
instruments.
Electronics industry with tape-recorder deck mechanism for
automobile, intelligent fire alarm device, compound smoke
detector, crystal shells, pedestals and crystal resonator
serial products, computer application system center as the
major sections.
Metallurgy industry with aluminum sections electrostatic
coating, ferrochrome alloy, aluminum alloy bushing steel
belt, superfine copper power, cladded rolled copper, gold
exploitation, medium and thick plates and cold-rolled plates
as the major sections.
Chemical industry with the serial chemical products of
boron, chemical metal silicon, tricyanuric chloride
(C3C13N3), lubricant,, a polymer of ethylene, yang acetate
and carbon monoxide C5-9acid,
acetone aldehyde, aspartame,
as the major sections.
Building material industry with cement, magnesium
fire-resistant materials, kiln wire drawing, unflappable and
burning-resistant decorative materials, products of glass
fiber reinforced plastics, granite processing as the major
sections.
Pharmacy industry with lysine, traditional Chinese herb and
new medicines made by bio-chemical engineering methods,
medical apparatuses as the major sections.
Food industry with fruits juice, carnivorous chicken and
duck processing, dehydrated vegetables as the
major
sections.
2.Agriculture
Sectors
Farming, forestry, aquatic products, breeding industry and
animal husbandry with improved varieties of grain, fruit and
vegetable seeds, flower planting and cultivation. Animal
husbandry, flowers, fishery, shrimp, crab and shell fish are
the major sectors.
3、Infrastruture
The construction projects of infrastructure including port,
harbor, water plant, power plant, the construction of Liaohe
bridge and round beach highway and sewage treatment plant.
4、Service
Sectors
Hot spring recuperation facilities, comprehensive
development of tourism, the development of real estate and
stretches of land development combined with the renovation
of old city area.
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How
to apply
Examination and approval procedures for investment
To set up foreign-funded enterprises in Yingkou city, the
project with total investment below USD 30 million is
examined and approved by Yingkou people' s Municipal
Government, apart from the projects examined and approved by
the state' s competent authorities according to the
stipulation of the state. For foreign investor' convenience,
Yingkou provides the" one stop''service and finishes all
written replies within a week.
Required documents for solely foreign-founded enterprises
1.Owner's certification of foreign enterprise.
2.Copy of businesses licenses of foreign registered
enterprise.
3.Credit certificate issued by the account bank of the
company or private.
4.The filled in application forms for foreign-funded
enterprise.
5.Report of feasibility study.
6.Articles of association and By-laws.
7.Balance sheet for past three years.
8.List of equipment, raw materials and auxiliary materials
to be imported.
9.Name list of members of the board of directors.
10.Other necessary documents needed by the approving
authority.
Required documents for joint venture and contractual joint venture
1.Project application and letter of proposal for project
establishment.
2.Owner's certificates of two parties.
3.Copies of business licenses of two parties.
4.Credit certificates issued by the account banks of two
parties.
5.Report of feasibility study.
6.Corporation contract and appendix.
7.Name list of members of the board of directors.
8.List of equipment, raw materials and auxiliary materials
to be imported.
9.Other necessary documents needed by the approving
authority
The procedure of examination and approval for foreign founded
enterprises
1.Project' s application, examination certificates.
2.Examination & approval of contract and articles of
association.
3.Application and issue of ratification certificate.
4.Application and issue of business license.
5.Tax registration, custom registration and opening bank
account
6.Handing over capital and its confirmation report
7.Starting business.
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Ask
whom
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If you have any question,just pick up your phone ,call any of the
following phone numbers or email at
lsz@yingkou.net.cn, you will get your answer. |
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ORGANIZATIONS
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TELEPHONE
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FAX
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Yingkou Foreign Economic Relations and Trade Commission |
86-417-2998422 |
86-417-2998422 |
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Yingkou Comprehensive Examination and Approval Office for
Foreign-funded projects |
86-417-2998452 |
86-417-2998452 |
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Yingkou Foreign Investment Service Center |
86-417-2998468 |
86-417-2998468 |
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The Administrative Commission of Yingkou Economic and Technical
Development Zone |
86-417-6251500 |
86-417-6251028 |
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The Administrative Commission of Yingkou Hi- Tech.Park |
86-417-4801368 |
86-417-4801368 |
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Yingkou Foreign Affairs Office |
86-417-2998411 |
86-417-2998411 |
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Yingkou Taiwan Affairs Office |
86-417-2637866 |
86-417-2633946 |
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Yingkou Planning Commission |
86-417-2998531 |
86-417-2998531 |
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Yingkou Economic Relations and Trade Commission |
86-417-2635754 |
86-417-2637827 |
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Yingkou Planning and Construction Commission |
86-417-2636481 |
86-417-2605086 |
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Yingkou Science and Technology Commission |
86-417-2833747 |
86-417-2833747 |
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Yingkou Agriculture Commission |
86-417-2635646 |
86-417-2635646 |
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Yingkou Public Facilities Bureau |
86-417-3840159 |
86-417-3840181 |
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Yingkou Industrial and Commercial Bureau |
86-417-2832223 |
86-417-2832225 |
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Yingkou Environment Protection Bureau |
86-417-2833685 |
86-417-2833685 |
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Dashiqiao Foreign Economic Relations and Trade Commission |
86-417-5612305 |
86-417-5625905 |
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Gaizhou Foreign Economic Relations and Trade Commission |
86-417-7814409 |
86-417-7811142 |
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Zhanqian District Foreign Economic Relations and Trade Commission |
86-417-3843087 |
86-417-3841988 |
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Xishi District Foreign Economic Relations and Trade Commission |
86-417-4830607 |
86-417-4830644 |
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Laobian District Foreign Economic Relations and Trade Commission |
86-417-3865127 |
86-417-3865170 |
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Preferential Policy
1. The
status for the nationals is gradually given to foreign investors
and foreign-funded enterprises. The foreign-funded enterprises
registered in our city enjoy the same treatment as domestic-funded
enterprises in respect of water supply, electricity supply, heat
supply, gas supply, communication, traffic and other infrastructures
as well as banking, commercial insurance, legal guarantee, labor
force, information service, design, advertisement and so on, in
addition to the relevant regulations made by the state and the
province. Within the management power of our city, overseas people
pays the same price as the local citizens in board and lodging ,
hospitalization, as well as buying tickets.
2. 50% of
the income tax, imposed after the following two years of the tax
exemption stipulated by the state being ends up, will be returned to
the enterprises ,that are newly formed and involved in
agricultural comprehensive development, agricultural products deep
processing and urban infrastructure, by the same level financial
authority year by year.
3.Site
use fees are exempted for 3 years for those projects that are
encouraged to be developed in the 18 categories such as
agriculture, forestry, animal husbandry, fishery and the related
industry, light industry, textile and so on mentioned in the
"Guiding List for Foreign-Invested Industry" of the State.
4.The
total sum of the imposed agricultural tax and special local product
tax will be returned to foreign investors, who develop
barren mountains, waste lands, undeveloped beaches and desolate
waters, by the same level financial authority within 5 years
gradually.
5. 50% of
the value added tax ,imposed by the local government within three
years after its being put into operation , will be returned to the
enterprises , that are newly formed productive joint-ventures,
contractual joint ventures and solely foreign funded enterprises
with planning business period of more than 10 years, by the same level
financing authority year by year.
6. The
shortage part of necessary funds from Chinese party, in the
foreign-fund utilization major project such as transplanting and
transforming of local state-owned industrial enterprises, agriculture
comprehensive development and township enterprises, can be supported
by the city's technical renovation fund or the revolving fund for
supporting agriculture and agriculture development fund.
7.The
local industrial enterprises use foreign capital for technical
transplanting and transforming. The Chinese party contributes factory
building as investment, the contract tax imposed will be returned to
the joint venture by the same level financial authority; the Chinese
party contributes the right to the use of site as investment, the
local share of value added tax of site imposed will be returned to the
Chinese party by the same level financial authority.
8. The
total sum of the transferred income tax will be returned to the
Chinese Party, who has formed a joint venture company or a contractual
company by contributing patents, non-patent technology, trade marks,
commercial reputation and other invisible assets as investment, by the
same level financial authority.
9. The
Technical Renovation Fund ,approved by the relevant department, could
cover the enterprises that introduce foreign advanced and special
technology to develop new products; the local share of the value
added tax , imposed within three years after the new products being
put into production, will be returned by the same level financial
authority year by year.
10.
Excepted the projects prohibited and restricted by the state, part or
all of the property right of an enterprise is allowed to be sold to
foreign investors. The managing right of bridges , roads, docks
and other public facilities are allowed to be transferred to foreign
investors partially or completely, with the longest transferred time
of 40 years.
11.
Foreign investors, developing on dangerous house concentrated areas
in the cities and towns, will enjoy the preferential policy
(file No.21st in the year of 1997) issued by Liaoning Provincial
Government on the shabby house reform; enjoy all preferential
policy issued by Yingkou Municipal Government on "Urban Citizens'
Housing Project". In addition, charges of 48 construction
projects are cancelled in the light of the regulation made by the
state council. The four local taxes ( tax of investment adjustment,
business tax ,educational surtax, urban construction tax ) will be
imposed at first and returned followed.
12.
Foreign experts and scholars, who have established varieties of
scientific research institutes, are exempted from land acquisition
service charges and management charges on leasing land. Those who
carry out scientific, high and new technological development or
produce high & new technological products in Yingkou could apply
for the approval as a scientific and technological project .
After being approved by Yingkou Science and Technology Commission. the
scientific and technological projects could apply for special
technical funds from the City, the Province and the State. The
Key scientific and technological projects approved could apply for the
special capital supply from the State and the Province.
13.The
enterprises established in Yingkou Economic and Technological
Development Zone can enjoy the preferential treatment of taxation
offered for enterprises in the State-level Development Zone.
14.The
enterprises established in Yingkou High-Tech Park can enjoy the state
preferential polices on encouraging the development of high-tech
industries.
15.The
enterprises established in Districts and Development Areas in Yingkou
can enjoy the relevant preferential polices .
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