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What preferential policy can foreign investors enjoy if they reinvest the after-tax profit got form the foreign invested enterprise?

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What preferential policy can foreign investors enjoy if they reinvest the after-tax profit got form the foreign invested enterprise?

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Foreign investors can get refund of company income tax imposed on the amount of reinvestment through application to and approval by the tax bureau if they reinvest the after-tax profit in the high-tech or export-oriented enterprises in China with at least five-year operation period. For an ordinary manufacturing project, the refund percentage is 40%.

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