Favorable investment policies
Carry out national, provincial, municipal and
regional exemption polities concerning circulation tax, Customs
duties and importation VAT.
According to relevant regulations of both government of Chengyang
District and Qingdao Liuting New Type Building Material Industrial
Park:
Manufacturing enterprises that are newly settled down in the
Park with an operational period of more than ten years, from
the day of putting into production, full amount income tax of
the first two years and half income tax of next three years
will be exempted; in addition, full amount of part VAT that
kept by local financial administration of the first two years
and half amount of the next three years will be refunded to
the enterprises.
