How does park development differ from national real estate policies?

Park development differs from national real estate policies as follows: 1. Different construction purposes

Real estate development projects refer to the construction of infrastructure and housing on land that has obtained state-owned land use rights. The main purpose is to sell, mortgage or lease real estate such as houses; the main purpose of industrial park infrastructure projects is to introduce emerging industries, expand employment or enhance industrial competitiveness.

2. Different land properties

The land properties of real estate development projects are generally residential land, commercial land, commercial and residential land, etc.; the land properties of industrial park infrastructure projects are mostly industrial land, For scientific research land and new industrial land (M0 land), the difference in land properties will also be reflected in detailed operations such as planning and design conditions, pre-sale and property rights division.

3. Different investment policies

The investment recovery cycle of real estate development projects is relatively short, and most of them do not have preferential investment policies. In special cases, such as old city renovation projects and immigration relocation projects, there will be some investment Preferential policies: Industrial park construction projects have the function of introducing industries, and the investment recovery period is relatively long. They generally enjoy preferential policies in terms of land prices, fee exemptions, investment incentives, and loan interest discounts.

4. Different government supervision

The government supervises real estate development projects through various approvals in the development process, while supervision in the sales process mainly focuses on fund supervision; industrial park projects are not only pre-construction Regulations on scale, business formats, etc. are strict, and back-end sales have clear regulatory requirements for subject qualifications, industry introduction, and park operations. Some even require construction units to maintain their own projects for no less than a certain number of years.

5. Different tax payments

After a real estate development project obtains a pre-sale license, it can be pre-sold and the funds can be recovered through pre-sale in advance, but it also needs to be paid in advance according to the pre-sale price. Value-added tax, land value-added tax and corporate income tax, the value-added tax and land value-added tax will be settled after the project is completed, and corporate income tax will be settled and paid every year; industrial park construction projects generally do not allow pre-sales, and require unified cash sales or self-owned investment operations , the value-added tax on current house sales is calculated and paid directly according to the simple tax calculation items after the separation of house price and tax, and the general tax calculation items are calculated and paid after deducting the input tax that is allowed to be deducted; there is currently a big controversy over the land value-added tax , one view is that houses currently sold do not need to be paid in advance and should be settled according to the land value-added tax as a formal real estate project. Another view is that the large property rights certificate should be settled as a second-hand house when the construction unit sells it to other units when it is divided. The author believes that If the property rights can be divided directly after the current sale, it should be liquidated according to the real estate project, otherwise it should be liquidated according to the second-hand house, and the land value-added tax should be paid based on the final liquidation result; the corporate income tax should be calculated and paid every year.