In order to attract investment, reduce the cost of investment and increase the investors income, also speed up the economic development of Yueyang City, according to the laws, rules and regulations issued by the state, and considering the actual situation of Yueyang City, we specially establish the following measures. 
   
   For all those investors who invest in hi-tech, high tax rate and highly offering employment opportunities industrial projects amounted over RMB 20 million yuan of fixed asset, the investor can be exempted from all of the administration charges during the project’s construction period and the relative departments will handle the formalities of the project on behalf of the investors. And all of the income tax from the subsistence left to the local financial department handed in by the enterprise form the 2 years will be returned to the enterprise for enlarging its reproduction when the project is put into operation and 50% of it for the next 3 years.

   The investors who invest in hi-tech projects(must be affirmed by Hunan Provincial Science and Technology Department or above) can be exempted from all of the administration charges and the service charges can be also exempted except the service cost during the project’s construction period.The investors who expire enjoying the state taxation preferential policy,can be returned 70% of the income tax from the subsistence left to the local financial department handed in by the enterprise within another following 3 years for enlarging its reproduction.

   The investors who invest in agriculture ,forestry, herd and fishery projects will be returned 60% of the agricultural tax from the subsistence left to the local financial department handed in by the enterprise within another following 3 years for enlarging its reproduction.
 
  The investors who invest in medical treatment and health care service,education,tourism,community service,international freight agency,law service,consulting service,and etc.in teriary industry with a registered capital mot less than RMB 10 million yuan,can be returned 60% of income tax handed in by the enterprise from the subsistence left to the local financial department for the first 5 years, and can also be returned 30% of value-added tax for supporting the enterprise’s development when the project is put into operation. 

   The investors who invest in traffic infrastructures can enjoy 20-30 years’s privilege for getting charges according to relative policies issued by the state.The investor will be returned 60% of the income tax from the subsistence left to the local financial department handed in by the enterprise within 5 years for supporting development of th enterprise form the initial year that the charge privilege begins.

   For those investors who get the land use right by vendue for developing real estate of meddled-high layers small dwelling house community with complete establishment for the main buildings can be exempted from complete establishment charges except the small dwelling house community with complete establishment for the main buildings.The investors who invest in transformation project changing the old houses with the new ones to the dwellers,he or she can be exempted form sales tax.

   For those investors who invest in industrial projects,can be provide land by agreement according to administrative transfer standards.After paying for the migration’s removal ,aftercare and plant compensation once,the land transfer charge of the project can be returned from the tax subsistence of the local financial department handed in by the enterprises to support the development of the enterprise.

   For those important industrial projects,infrastructure projects and common weal projects,which can greatly promote the local economy,can enjoy special preference.We will carry out the system of adopting special methods to dissolve the special problems instantly.

   For all those foreign investors will enjoy the equivalent treatment as the towns people based on Business License.The relatives,managers and technical backbones of the owners of the important projects can be settled dome in the urban area of the city without relative city’s entrance fees.

   “Notice on Reward to Oragnizations and Individuals Who have Done Prominent Work in Introducing Foreign Investment”(encourages individuals,organizations and medi-organizations in or out of the city,at home or abroad to introduce merchants and projects to Yueyang City.

    Investors in this measure refer to the enterprises,the other economic organizations and individuals in or out of Yueyang City,which have invested in Yueyang City,The former rules and regulations,which are not accordance with this measure,are simultaneously abolished.The articles in this measure only suit for the proper. Every county,city in county level and district can carry out this measure by consulting actual conditions.