Efficient tax policy drives export trade growth in Shandong's Binzhou zone

Binzhou Economic and Technological Development Zone (Binzhou ETDZ) in Binzhou city, Shandong province, has implemented specific tax policies to streamline export processes.

The taxation department of Binzhou ETDZ has significantly improved the efficiency of export tax rebates, providing support to the cross-border development of enterprises. This has injected a strong impetus into the region's export trade.

By optimizing the application procedures for export tax rebates, the local tax department has reduced paperwork and enhanced its paperless office system to save time for business.

"Any problem that occurs when we apply for export tax rebates can be addressed in the online tax system. It becomes more and more convenient," said a financial administrator of Binzhou Disen Wheel Co Ltd.

The tax authorities have conducted lectures on tax policies to mitigate risks and accelerate capital backflows, assisting local enterprises to compete globally. Meanwhile, it has tailored custom-made services based on the specific needs of enterprises, providing immediate updates on tax policy, risk, and solutions. These tax concessions are driving the international growth of local enterprises.

"Experts from the taxation department focus on international tax policy, helping us avoid risks, and supporting our global expansion. Our German branch worth $120,000 has a promising prosperity," said a financial administrator of Bohai Automotive Systems Co Ltd.

Binzhou ETDZ taxation department is committed to further enhancinggovernment efficiency in export tax rebates to strengthen international competitiveness and promote high-quality export growth.