Why do many celebrities register film and television companies in Horgos?

Since the Yin and Yang contract time was exposed in June 2018,，Many film and television companies registered in Horgos applied for cancellation，Including Feng Xiaogang、Xu Jinglei and many other well-known artists serve as legal representatives and shareholding companies。So what’s so magical about Horgos?，Why do so many celebrities register their companies there? today，Shanghai Yushanggang Information Communication-Let’s talk to you。one、What is Horgos? Horgos is a county-level city in Xinjiang。

Horgos currently has a Horgos port、China-Kazakhstan Horgos International Border Cooperation Center、Horgos Economic Development Zone and Horgos City “Four Brands”。Horgos，Mongolian means "the place where the camel caravan passes"，Kazakh means "the place where wealth is accumulated"，It has been an important stop on the northern route of the ancient Silk Road since ancient times.。

Horgos Economic Development Zone is a national economic development zone decided to establish at the first Central Xinjiang Work Forum in 2010，Total area 73 square kilometers，The spatial layout of “one district and four gardens”，Clear implementation of special economic preferential policies。two、Preferential policies enjoyed by Horgos：1.Newly registered companies enjoy full corporate income tax exemption for five years (national tax 15% and local tax 10%)，Total 25%)。

40% retained by the local government after five years (the central and local corporate income tax rates are 60%：40%points) will be returned to the enterprise in the form of "reward instead of exemption"。

It is equivalent to the local retention part being completely free of charge.，The time is also five years；

1. Value added tax (central and local shared tax，Finally press 50%：50%Points) and other surtaxes (100% local retention) of the total local retention portion (i.e. 50% value-added tax and 100% surtax) will be rewarded in proportion to the annual payment of 1 million，General reward 15%-50%；
2. When the personal income tax of enterprise employees reaches RMB 1,000, the portion retained by the local government will begin to be returned (40% of the local personal income tax share，70% of the central score (60%)，2000-4000Return 80% of the local retained portion，400090% of the above-mentioned portion retained by the local government will be returned to the local government。

These rebates will be credited directly to the company account within two weeks.；

1. The total fixed asset investment of information technology enterprises is more than 50 million yuan，Provide a subsidy of 50 yuan/㎡；
2. Equipment costs invested in high-tech industries，Return 1% of total investment financial subsidy；
3. Headquarter economic enterprises can enjoy up to 5 million yuan in office building subsidies.。

Since June，More than 100 film and television companies registered in Horgos have applied for cancellation，These include companies in which many celebrities in the entertainment industry, such as Feng Xiaogang, serve as legal persons or hold shares.，According to relevant regulations，Company deregistration requires an announcement in a major local newspaper，For a time, "Ili Daily" was full of cancellation announcements，There is not enough space。

three、Reasons for a large number of company cancellations：a. Adjustment of Horgos policy：

1. It must be physically established, which means there must be a certain area of ​​office space and a corresponding number of office staff (social security and personal taxes must be paid locally)；
2. Use 20% of the corporate income tax exemption to invest locally。

If the policies introduced by Horgos have caused b. The Yin-Yang Contract incident in June, the Yin-Yang Contract incident has caused these film and television companies to start self-examination.，Afraid that his company will be reckoned with by his wife，So they canceled their companies one after another。In fact, celebrities chose to register their companies in Horgos，He is also very economically savvy.，After all, reasonable tax avoidance can increase your income。

And reasonable tax avoidance is allowed in our country，But tax evasion is illegal，Once it is discovered that a celebrity's company has problems in this regard,，Will definitely be severely punished。

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