Shenzhen Tax Advisory
Hotline: 86-755-82148419, Email:Info@citilinkia.com
|
Category of tax |
Taxable ltems |
Tax rate |
Remarks |
|
Enterprise income tax |
Income derived from manufacturing,business operation and other resources |
15% |
Manufacturing enterprises with an operation period of over 10 years are, upon their profiting year,free of taxation for the first 2 years,and levied by half for the following 3 years (8years for hi-tech enterprises).Those enterprises with over 70%of their products exported will be levied by 10%from the 6th year(11th year for hitech enterprises) on. |
|
Business tax |
Income derving from providing taxable services, transferring intangible assets, or selling realestate |
3-10% |
|
|
Individual income tax |
individual taxable income |
5-45% |
Individual monthly taxable income is the remaining sum of monthly income deducted 800 yuan |
|
Value-added tax |
Commodities imported from the free trade zone and sold in domestic market |
17% |
Product exports and transactions within the free trade zone are free of value-added faxes |
|
Consumption tax |
Taxable consumption commodities imported via the free trade zone |
3-45% |
|
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Major expenditures in establishing a corporation
Agency fee for corporation establishment:about 10,000 HKD
(Collected by agency company,investors can freely decide whether to choose an agency.)
Commercial registration fee:
Paid-up capital no more than RMB 10 million:1?
The exceeding sum over RMB 10 million:0.5?
The exceeding sum over RMB 100 million:no charge
(Collected by the industrial and Commercial Administration)
Fee for capital verification:(Collected by certified accountants office)
Sum
(million RMB) |
2.01-5.00 |
5.01-10.00 |
?0.01-30.00? |
30.01-50.00? |
50.01-80.00 |
80.01-100.00 |
ver 100 |
Fee
(RMB) |
5,000? |
7,.000 |
9,.000 |
12,000 |
15,000 |
18,000 |
0.03% |
Salaries, insurance and welfare for employees
Investors shall,after acquiring their business license,report their recruitment plan to Shenzhen Administrative Bureau of Free Trade Zones for archiving,then perform open recruitment according to the related procedures.The salaries of the employees are determined by the enterprises on their own .
Salary for workers:800-1500RMB/month.
Salary for management personnel:2000-5000RMB/month.
Lowest salary for Shenzhen SEZ in year 20001:574 RMB/month.
Social insurance fees account for about 21%of the salary of an employee.
Electricity price
|
Type of electricity consumption |
Basic charge |
Unit price(RMB/KWH) |
Electricity consumption for urban
and rural residents,stafe and agriculture |
|
0.78 |
Common electricity consumption |
Commerceand service |
|
0.99 |
|
Industry and others |
|
0.93 |
Large quantity of electricify consumption
|
101KVA to 3000KVA,as per fransformer capactify (RMB/KVA/month) |
24 |
|
|
Commerce and service |
Quantity of electricity consumption per month per KVA
|
250KWH and below |
|
0.87 |
|
Above 250 KWH |
|
0.85 |
Industry and others
|
250KWH and below |
|
0.81 |
|
Above 250 KWH |
|
0.79 |
Super high quantity of electricity consumption |
3001KVA and above, as per maximum demand (RMB/KVA/month) |
|
44 |
|
|
Commerce and service |
Quantity of electricity consumption per month per KVA |
400KWH and below |
0.82 |
|
Above 400 KWH |
0.80 |
|
Industry and others |
400KWH and below |
0.76 |
|
Above 400 KWH |
0.74 |
|
For reference only, and the electricity price may vary between peak seasons and low seasons. |
Water price and drainage cost
|
Character of water usage |
Water price |
Drainage cost |
|
Residential water |
1.5RMB/m3 |
0.30RMB/m3 |
|
Industrial water |
1.9RMB/m3 |
0.34RMB/m3 |
|
Commerce,service and building industry water |
2.4RMB/m3 |
0.42RMB/m3 |
|
Water for Party and government organizations, administrative institutions, and other non-profiting organizations |
1.8RMB/m3 |
0.45RMB/m3 |
|
The quantity of drainage is calculated as per 90% of the quantity of water consumption, for detailed information |
Telecommunication service fees
|
Service type |
Fees item |
Fees |
|
Fixed telephone |
Material cost |
300RMB/set |
|
Monthly rental |
35RMB/month |
|
Conversation fee |
0.11RMB/minute |
|
Mobile phone |
Monthly rental |
40RMB/month |
|
Conversation fee |
0.4RMB/minute |
|
Long distance call |
Domestic |
0.07RMB/6 seconds |
|
Hong Kong and Macao |
0.20RMB/6 seconds |
|
International. |
0.80RMB/6 seconds |
|
Telephone dialup for Internet access |
Network using fee |
3 RMB/hour |
|
Communications fee |
1.2 RMB/hour |
|
ADSL broadband |
Initialization fee |
880 RMB/set |
|
Usage fee |
630 RMB/month |
|
Different kinds of telecommunication services have different fees collection packages and preferences |
Contact Us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82148419, 86-755-82143512, or emailing to info@citilinkia.com