Summary of Preferential Policies of Enterprise Income Tax in Xinjiang Region

Poverty-Stricken areas in Xinjiang:

The "Two Exemptions and Three Halves" Policy means that newly established enterprises in poverty-stricken areas in Xinjiang will be exempted from enterprise income tax for the first two years and halved for the next three years, starting from the tax year in which the first income from production and operation is obtained.  (During the halving period, the tax payable at the statutory corporate income tax rate of 25% shall be taxed by halving.)

Kashgar and Horgos, Two Special Economic Development Zones in Xinjiang:

The "five exemptions" policy means that newly established enterprises in the two economic development zones will be exempted from enterprise income tax within five years from the tax year in which the first production and operation income is obtained.

Xinjiang Uygur Autonomous Region (including Xinjiang Production and Construction Corps) :

Foreign Invested Enterprise

The corporate income tax shall be levied at a reduced rate of 15%.

           Preferential corporate income tax policies for new establishments to encourage the 

development of industries in poverty-stricken areas of Xinjiang

(The "two exemptions and three halving" policy means that newly established enterprises in poverty-stricken areas of Xinjiang will be exempted from enterprise income tax for the first two years and halved for the next three years from the tax year in which they obtain their first production and operation income)

Poverty-stricken areas in Xinjiang include:

Hami City: Balikun Kazakh Autonomous County

Hotan City: Hotan County, Luopu County, Moyu Pishan County, Cele County, Yutian County, Minfeng County

Aksu City: Keping County, Wushi County,

Kashgar: Tashkurgan Takta Autonomous County, Yuepu County, Shufu County, Shule County, Yecheng County, Yingjisha County, Jiashi County, Shache County

Atushi City:akqi county, Wuqia County, Aketedu county

Yining City: Nilka county, Chabuchar Sibo Autonomous County

Tacheng City: Toli County

Altay City: Qinghe County, Jimunai County

Website: http://www.chinatax.gov.cn/chinatax/c102150/c5178869/content.html

Preferential corporate income tax policies for Kashgar and Horgos two Special Economic Development Zones in Xinjiang

(The "five exemptions" policy means that newly established enterprises in the two economic development zones will be exempted from enterprise income tax within five years from the tax year in which the first production and operation income is obtained.)

Website：http://www.chinatax.gov.cn/chinatax/c102150/c5178870/content.html

A new catalogue of industries that encourage foreign investment was released, the number of encouraged catalogue items in Xinjiang have been further expanded.

<>  (hereinafter referred to as “the Catalogue”),

Effective from January 1, 2023

Website: http://www.xinjiang.gov.cn/xinjiang/tzzc/202211/44212001e48d4162b0da643984b3a544.shtml

Registered Xinjiang Company

List of required documents:

1. Company name

2. Business scope of the Company

3. Registered capital

4. Identity documents/passports of all shareholders/directors (All foreigners, The passport provided must be authenticated)

5. Contribution ratio of all shareholders (Share Distribution)

6. Address proof (property ownership certificate/lease certificate)

7. Articles of Incorporation

8. Enterprise establishment registration form

The full set of licences includes:

1. Original/duplicate business license

2. Tax Payment Instructions (1 copy)

3. Articles of Incorporation (1 copy)

4. Official seal/Financial Seal/Special invoice Seal/Private legal person seal (1 each)

Time: 5-7 working days

Summary of Preferential Policies of Enterprise Income Tax in Xinjiang Region.pdf

Catalogue of Advantageous Industries for Foreign Investment in Central and Western Regions.pdf

Xinjiang poverty-stricken areas focus on encouraging the development of industrial enterprise income tax preferential catalogue.pdf