Looking back at the ten years of taxation: tax help "Xigang Special Economic Zone" flourish

Author:State Administration of Taxati Time:2022.09.07

In 2022, the 20th National Congress of the Chinese Communist Party will be held.

It is a very desirable thing to work in the "Xigang Special Administrative Region" factory in Cambodia. "Xigang Special Economic Zone" -The economic special zone jointly developed and constructed by the Red Bean Group and China -Cambodia companies in Cambodia Sihanouk Province. It is an iconic project on the "Belt and Road". Essence

Zhou Haijiang: Our Red Dou Group went to Cambodia to invest in 2007 and developed in the new era. At that time, we sent eight people to investigate. After comprehensive consideration, we finally decided to invest in construction factories in Sihanouk. At that time, we didn't know much about the local investment environment, national conditions, policies, etc., especially tax issues, which were both professional and complicated. Thanks to our Wuxi's taxation department, it has instructed us to enjoy more than 3 million yuan in relevant VAT tax -free preferential policies, which has worked as "resentment pills" for our overseas development.

In the ten years since 2012, the "West Port Special Economic Zone" has ushered in a high -speed development period. As of the end of July 2022, there were 170 enterprises in the "Xigang Special Economic Zone", which was 6.5 times that of the enterprises in the park ten years ago. Thirty thousand people, 4.3 times ten years ago.

Zhou Haijiang: In the past few years in overseas investment, we deeply feel that the country is the powerful backing of our company's "going global". For example, in 2016, the signing of the "China -Cambodia Bilateral Tax Agreement" gave us more stable expectations in terms of taxation. At the same time, we also enjoyed a series of preferential policies for "tax reduction and fee reduction" issued by the country in recent years. Increasing our confidence, it also indirectly supports the construction and development of the "Xigang Special Economic Zone".

Since 2012, Hongdou Group has enjoyed a total of 218 million yuan in R & D expenses, deductible deductions, social insurance premiums, and reserved value -added tax refunds. Especially in 2022, the implementation of the new combined tax support policy, which has taxed the tax and tax reduction of 130 million yuan.

The cost and burden on "reduced", the increasing "increase" is unswerving confidence. At present, focusing on the integration of production cities, production and education, enterprises such as Hongdou Group are fully promoting the construction of the "Xigang Special Economic Zone" 2.0 upgrade version. Even in the face of the continuous challenges brought by the new crown epidemic, the SAR is still developing steadily. While providing strong momentum for the development of the local industrial economy in Cambodia, it also brings a successful experience of "going global" and a booming hope for domestic enterprises such as Hongdou Group.

Zhou Haijiang: The pursuit of the "Belt and Road" pursuing a win -win development is. It is this concept that has made the "Xigang Special Economic Zone" a great change. I believe that with the support of the country, we will be able to build the "West Port Special Economic Zone" into a bright pearl in the "Belt and Road" model of the construction of the "Belt and Road".

Video production: Jiangsu Tax

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