Xiamen Tianma imported new display products and won the first tax incentive in Xiamen

Sep 21, 2022

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Core Tip: Recently, Xiamen Tianma has successfully completed the customs declaration and tax payment procedures. This is the first customs declaration and tax payment procedure for Xiamen's first new display device tax preferential project since the "14th Five-Year Plan", involving a tax of 249,000 yuan.
Imported new display device equipment can be supported by tax incentives, Xiamen Tianma Display Technology Co., Ltd. is the first to taste the sweetness.

Recently, Xiamen Tianma has successfully completed the customs declaration and tax payment procedures. This is the first declaration and tax payment procedures for Xiamen's first new display device tax preferential project since the "14th Five-Year Plan", involving a tax of 249,000 yuan.

It is understood that Xiamen Tianma's sixth-generation flexible AMOLED production line project will start construction in May 2020, with a total investment of 48 billion yuan. After reaching production, the monthly processing of flexible display substrates can reach 48,000 sheets.

In view of the large import demand of the enterprise, miscellaneous goods and high value of goods, the Xiamen Customs Customs Department and other functional departments and Xiang'an Customs jointly established a special class for Tianma customs clearance service guarantee work to ensure smooth customs clearance of the enterprise. The special work class included the strengthening of Tianma customs clearance service guarantees in the list of practical activities of "I do practical things for the masses", took the initiative to go to enterprises to understand production needs, optimized the supervision and customs clearance procedures for the production of infrastructure equipment, production materials, and raw materials that enterprises urgently needed to import. Targeted support for equipment tax payment and unified declaration by local customs will help enterprises maximize the enjoyment of preferential import tax policies during the "14th Five-Year Plan" period, which will greatly reduce the capital occupation of enterprises and reduce financial costs of enterprises.

The company will also take advantage of the financial advantages given by the policy to continue to consolidate the dominant position of Xiamen City and Tianma in the global industrial chain, and help Xiamen accelerate the development of a regional center for the global display industry.

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