Jiangsu Sulida Benefits from Tax Incentives, Facilitating Overseas Business Development
Theme: Leveraging policy dividends to reduce overseas operation costs and risks
With the strong support of local tax authorities, Jiangsu Sulida has fully enjoyed the policy dividends of export tax incentives, which has effectively promoted the development of overseas business. As a key enterprise in Fengxian Electric Vehicle Industrial Park, the company has been included in the "white list" of export tax rebate, and has access to a green channel for "declaration - review - refund", realizing the rapid landing of tax rebate funds <superscript>2.
Lian Weidong, the financial director of Sulida, said that the tax authorities have carried out special training on tax reduction and exemption policies for the company for many times, and took the initiative to guide the applicable tax policies for exports to Central Asia, Africa and other regions <superscript>4. This not only helps the company save a lot of time and labor costs, but also effectively reduces export risks. With the support of tax policies, the company has more funds to invest in R&D and overseas market development, further enhancing the competitiveness of export products.
