| Ningbo Local Government is Helping Enterprises to Develop |
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| Ningbo Governmental press release and news - Latest | ||||
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In Fenghua and Yuyao, local governments are helping enterprises develop by taking a series of measures. Qianhong Clothing was founded in January last year and enjoyed the favorable policy of tax rebates since September last year. However, the tax rebates can only be obtained by the end of September this year. The enterprise was once in trouble with fund. Tax collectors in Fenghua helped the enterprise step out of the trouble by offering tax rebates in July of the year. Wang Caibo,General Manager, Qianhong Clothing says, "Our enterprise is not a large one. We need almost 3 million to run our business. It is really a great help to get the tax rebate. " It is said that local tax departments have speeded up their refunding tax rebates so as to help dissolve the pressure on enterprises. By the end of July this year, they have refunded more than 500 million Yuan, an increase of 43 percent over the same period of last year. In Yuyao. The local government has decided to decrease or stop several administrative charges and administrative business charges to relieve burden on enterprises. In Beilun, the local Customs has greatly shortened the period of refunding tax rebates from 3 days to only one day. The measure has been regarded as a great help for enterprises which always need large sum of money to operate their business. It is said that the new policy has at the same time increased the workload of clerks in local governments. Add your comment
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