In accordance with Caiguanshui [2026] No.7 and No.8, qualified foreign-funded R&D centers shall be exempted from import duties, import value-added tax and consumption tax when importing articles for scientific research, technological development and teaching that cannot be domestically produced or fail to meet performance standards. Imported books and materials for scientific research and teaching shall be exempted from import value-added tax. This notice specifies the implementation rules for Jiangsu Province to carry out the aforesaid preferential policies. The main contents are as follows:

• Application Requirements：

1. Applicants shall be foreign-funded enterprises established within Jiangsu Province, including independent legal person foreign-funded R&D centers, independent internal R&D departments or branches of foreign-funded enterprises.
2. Quantitative Standards (in accordance with Caiguanshui [2026] No.8): 1) The total investment of an independent legal person shall be no less than 8 million US dollars; for non-independent legal persons such as internal departments or branches of enterprises, the total R&D investment shall be no less than 8 million US dollars; 2) The number of full-time research and development staff shall be no less than 80; 3) The original value of equipment purchased cumulatively since establishment shall be no less than 20 million RMB.

• Application Arrangements：

1. Applications are accepted in two batches every year, with the deadlines falling on June 30 and October 20 respectively.
2. Local commerce bureaus shall collect application materials and submit them to the Jiangsu Provincial Department of Commerce. The provincial Department of Commerce, provincial Department of Finance, Nanjing Customs and provincial Tax Service will conduct joint review, publicize and confirm the accreditation results.

• Qualification Review：

1. Entities that have obtained the preferential qualification shall complete the annual review before June 30 each year. Those who fail to do so on time will have their qualifications revoked.
2. In case of changes to key information such as enterprise nature, name and business scope, the entity shall report to the Jiangsu Provincial Department of Commerce for re-review within 30 days upon completion of change registration.

• Valid Period of Implementation：The policy shall take effect from April 30, 2026 to December 31, 2030. For foreign-funded R&D centers newly accredited in 2026, tax payments already made between January 1, 2026 and 30 days after the release of the accreditation list for items eligible for tax exemption may apply for tax refund.