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Chapter 3: Factors Involving the Use of Discount Capital
Clause 12- Enterprises applying for a discount capital must fulfill the following requirements: 1. By law, industry and commerce administration departments registrations must be an independent entity qualified by a lawyer and possess rights to operate imports and exports, a sound financial institution and financial management system; 2. Exported products must be "China High Tech Product Exports" or be a part of the extent of the provisions of the manufacturing industry; 3. Exported products must have have passed the province customs; 4. The export declaration to credit has been carried to the account period as a short-term loan; 5. Exported products must gain profit; 6. Not be behind in payments to each tax sum, staff salary, and each Social Security fee. Chapter 3: The requirements of using discount capital Clause 12: The requirements for an enterprise to fulfill for using the discount capital 1. The enterprise must register in the industry and commerce administrative departments lawfully,has the qualification of independent entity,operational rights of foreign exports and imports and complete financial institution and financial managerial system. 2. The enterprise's export products must be in the scope of "Export Catalogue of China's New High-tech Products" or belong to the products of manufacturing industry in accordance with this regulation. 3. Export products must have been reported to the customs of our province for export. 4. The short-term loans between the reporting time to customs and due time of the accounts must have been put into practice. 5. The export products must be profitable. 6. The enterprise must guarantee the tax money,wages of employees and various social insurance premiums to be paid on time. |