Recently, in response to the "Preferential ways of supporting the development of strategic emerging industry (green light source)" issued in August, Jiangmen Economic and Information Bureau has made implementing rules and already released them through the network. Collection of opinions will end on 12th of this month.
As required in the rules, subsidy involving the largest amount of equipment investment will be provided in accordance with the local part of corporate body tax, and is limited to be applied for only once, meanwhile, benefited enterprises shall not be moved out of the places where they receive subsidies within five years, otherwise they should return the subsidy.
According to "Preferential ways", subsidies should be provided to equipment investment in new or expanded projects of key procedures in the LED industry chain such as epitaxy, chip, package, application, substrate and materials. For equipment investment totaled no more than RMB50 million, a subsidy of 6% of the total equipment value will be provided, and over RMB 50 million, 8% of the exceeding part. This will take effect immediately the projects are taxed.
As required in the rules, subsidy involving the largest amount of equipment investment will be provided in accordance with the local part of corporate body tax, and is limited to be applied for only once, meanwhile, benefited enterprises shall not be moved out of the places where they receive subsidies within five years, otherwise they should return the subsidy.
According to "Preferential ways", subsidies should be provided to equipment investment in new or expanded projects of key procedures in the LED industry chain such as epitaxy, chip, package, application, substrate and materials. For equipment investment totaled no more than RMB50 million, a subsidy of 6% of the total equipment value will be provided, and over RMB 50 million, 8% of the exceeding part. This will take effect immediately the projects are taxed.