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15 July 2015

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HUNAN SAT Office Facilitates Foreign Trade Growth

2017-08-30 Download Print

The Hunan SAT (State Administration of Taxation) Office announced, on August 28 that, over the past five years, it has received 88,780 declarations from export enterprises. Export tax rebates amounted to 46.6 billion yuan. Hunan’s main export sectors are rail transit, engineering machinery, nonferrous mining, and agricultural development.

It designates liaisons for each export enterprise to learn about their problems and provide solutions. These enterprises include CRRC Zhuzhou Locomotive Co., Ltd., SANY, Zoomlion, Valin Steel, Hunan Construction Engineering Group, and Longping Hi-tech.

It has formulated taxation service principles for implementing the national “Belt and Road” Initiative. It performs regular visits, has one-to-one liaisons, collaborates, and provides dispute resolution mechanisms. It organizes experts and makes use of taxation APP to provide targeted instruction for the export enterprises in the areas of tax rebate process, preferential policies, and foreign country investment and taxation guides.

Hunan SAT Office Director Liu Mingquan said that, serving export enterprises is the office’s main responsibility. It will continue to improve policies and measures, to facilitate Hunan enterprises and products going global, and promote Hunan’s foreign trade economy.

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Translator: Pang Yuehui

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