To solve the problem, the project arrears frequently arising in the construction sections, the Article 286 of Contract Law endows project fund with preferential right of payment.
Enterprises with foreign capital shall pay taxes in accordance with relevant state provisions for tax payment, and may enjoy preferential treatment for reduction of or exemption from taxes.
外资企业依照国家有关税收的规定纳税并可以享受减税、免税的优惠待遇。
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Article 17 Enterprises with foreign capital shall pay taxes in accordance with relevant state provisions for tax payment, and may enjoy preferential treatment for reduction of or exemption from taxes.