Xinjiang Horgos company registration enjoys many advantages under government’s preferential policies. According to the National Development and Reform Commission, China's economic planner, since late 2012, the country's provinces and municipalities have allocated more than 13 billion yuan ($1.91 billion) to promote local industries and created more than 500,000 jobs in Xinjiang. Last year, more than 2,400 companies were registered in Horgos. The city's GDP was 5.12 billion yuan in 2016, up 278 percent from 2015. At the heart of the Silk Road Economic Belt, Xinjiang is also quickly building up strong industries, including chemicals, information technology, machinery manufacturing, and textiles.
Advantages of Horgos Company Registration
Once a vibrant junction on the ancient Silk Road, Horgos endured a long descent into obscurity as the trade routes that were its lifeblood dried up, leaving it marooned from the rest of the world by sheer distance, mountains, and deserts. Now, it is precisely this frontier position that has brought Horgos and many of Xinjiang’s other cities to the forefront of China’s national policy, and the influx of development and urbanization which has followed has severely affected the region’s local people and traditional cultures.
As the benefits of shipping overland between Asia and Europe become more evident, trade relations with the countries of Central Asia continue to grow, and industry continues moving inland, the importance of China’s western frontiers has increased proportionally. The vision is to develop some of the cities in Xinjiang, China’s westernmost region, into an economic counterweight to balance out the booming cities of the country’s east coast. If Shanghai, Guangzhou, and Shenzhen became hubs of global commerce due to the international access their sea ports provided, then why shouldn’t the land ports on the western borderlands experience a similar prosperity? With $16.3 billion in investment from the central government, Xinjiang cities like Horgos, Kashgar, and Alataw are being built up to be major economic and logistics hubs — ports for trains and trucks instead of ships.
Financial services, business services, tourism, express delivery, education, automobile manufacturing, etc, Xinjiang Kashi, Horgos these two special economic development zone of the new business, can enjoy 5 free Tax incentives. Five exemptions shall be exempted from enterprise income tax within five years starting from the taxable year of the first production and operation income.
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