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Rules and Policies
Preferences
SCIP reserves a special
fund to grant appropriate compensation awards to constructive,
productive and supporting projects in SCIP, in an aim
to accelerate the construction of utilities and supporting
facilities.
Taxation preferences shall be implemented in accordance
with the regulations stipulated by the government.
Rules on Administrative
Approval of SCIP
To facilitate investment
in SCIP, unnecessary approval items and procedures
have been cancelled and the time duration for making an
approval
at each link has been remarkably reduced. For example,
the time span for
approving the site selection proposal, permit for planning
of construction
land and permit for planning of construction works has
been reduced from
105 to 20 working days. The time duration for approval
at each link has
been reduced by two thirds on the average, and that for
the approval of
capital construction has been cut down from 6 months to
2 months.
It only takes 15 working days to establish a foreign-invested
enterprise in
SCIP and 8 days to register the increase of the business
items and change
of the registered capital. SCIP Administration Commission
Economics &
Trade Department is in charge of the setup, change of
business scope,
company designation and registered address of the companies
in SCIP.
Headquarters ：18F No.201
Mu Hua Road,Shanghai Zip：201507
Tel ：86-21-67120000 Fax ：86-21-67122222
Representative office ：No.10 Lane 18 Gao An Road,Shanghai Zip：200030
Tel：86-21-64713298 Fax：86-21-64713301
Web:www.scip.com.cn E-mail:business@scip.com.cn
