HNTE

AcronymDefinition
HNTEHigh and New Technology Enterprises
References in periodicals archive ?
For an HNTE to receive the 15% rate, it must conduct less than 40% of its activities outside China, and it must create and retain all intellectual property in China.
Qualified newly established HNTEs in special zones are granted a two-year tax holiday.
Being a national HNTE entails lower corporate income tax rate (from the regular 25% to 15% starting this year), faster clearance of customs during overseas travels, preferential terms of bank loans, priority in government approvals of various administrative applications and other operating benefits.