Preferential Policy of NDNZ

Ningbo Daxie Development Zone (NDNZ) enjoys preferential policies eligible for state-level economic and technological development zones.

Preferential corporate income tax rate of 15% for production-oriented projects by foreign investors.

Corporate income tax is exempted for the first two profit-earning years and half-reduced to 7.5% for the forthcoming three years, provided the operation period of the investment project is above 10 years.

For investment falling into the category of the Encouraged and the Restricted in the National Industry Direction Directory, custom duty and import related value added tax are free for import of self-contained production equipment that is within the total sum of investment.