Goods exported by foreign-funded enterprise are covered by the scheme of tax exemption, tax offset and tax rebate.

• The value added in the current process (or the last process) of goods exported by the productive enterprise is tax exempted.
• The tax is calculated at FOB price and the difference between tax rate and tax rebate rate shall be deducted from all the paid tax of the enterprise on purchase. The rest of the paid tax on purchase can be offset by the tax on domestic sales.
• Should the sales tax be insufficient for the offset, the balance can then be reclaimed from the relevant authorities for tax rebate.