Guide in SHENZHEN
In the depth of entrepreneurship
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In the depth of entrepreneurship
Supporting Policies and Subsidies for Enterprises
Foreword
Shenzhen is known as the “City for Start-Ups” in China. According to the data provided by the Data Center of the Market and Quality Supervision Commission of Shenzhen Municipality, the number of registered enterprises in Shenzhen as of 2017 exceeded 1.76 million, which was 260,000 more than 1.5 million as of 2016. That is more than 700 newenterprises being registered and established in Shenzhen every day. At the same time, the Shenzhen Human Resources and Social Security Bureau is also actively promoting policies that support new enterprises.
This section mainly describes the support policies for entrepreneurship in Shenzhen and the policies for responding to the epidemic. The targeted applicants, basic eligibility criteria, specific applicant criteria, subsidy amount, funding criteria and other relevant details are listed The response to the epidemic policy extracts some common policies and attaches the QR code to check the original policy.
This section mainly describes the support policies for entrepreneurship in Shenzhen and the policies for responding to the epidemic. The targeted applicants, basic eligibility criteria, specific applicant criteria, subsidy amount, funding criteria and other relevant details are listed The response to the epidemic policy extracts some common policies and attaches the QR code to check the original policy.
Reading Guide
•Subsidy for enterprise policies
· Shenzhen Enterprise Technology Transformation and Support Plan
· Shenzhen Employment Retention Subsidy for Enterprises
· Gathering and Subsidy for Entrepreneurial Projects
· Special Fund for Shenzhen Intellectual Property Operation Service System
· Recognition of National High-Tech Enterprises
•Policy Responses to Epidemic
· Some Measures to Deal With Novel Coronavirus Pneumonia Epidemic and Supporting Enterprises to Overcome the Difficulties
· State Taxation Administration, Ministry of Finance of the People’s Republic of China
Announcement on Supporting VAT Policies for Privately or Individually-owned Business to Resume Work and Business (No. 13 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China) State Taxation Administration, Ministry of Finance of the People’s Republic of China Announcement on Extending the Implementation Period of VAT Reduction and Exemption Policy for Small Scale Taxpayers（No. 24 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China）
· Guangdong Provincial Tax Service, State Taxation AdministrationNotice on Strengthening the Implementation of Tax Policies to Resolutely Win theBattle Against the Epidemic (No. 16 of the Year 2020, Guangdong Provincial Tax Service, State Taxation Administration)
I have heard about many supporting policies for enterprises in Shenzhen, but are foreigners eligible for them?
Most of the enterprise subsidy policies do not specify the applicant’s nationality or type of enterprise. You may apply as long as you meet the application criteria.
Policies for enterprises
1. Shenzhen Enterprise Technology Transformation and Support Plan – Rewards and Subsidies for Major Projects
Targeted applicants: The reporting unit is an independent legal person, industry association and social organization registered in Shenzhen (including the Shen-Shan Special Cooperation Zone, same below), and the technical transformation projects shall be filed on record in the municipal enterprise technical transformation project records system in accordance with the "Shenzhen Enterprise Technology
Targeted applicants: The reporting unit is an independent legal person, industry association and social organization registered in Shenzhen (including the Shen-Shan Special Cooperation Zone, same below), and the technical transformation projects shall be filed on record in the municipal enterprise technical transformation project records system in accordance with the "Shenzhen Enterprise Technology
Transformation Project Record Management Implementation Measures" (Shenzhen Economic and Trade Information Regulations [2017] No. 3), including those haven’t been listed as a target for joint punishment for dishonesty.
Focus areas of subsidy: Supports major industrial projects and technological transformation projects that meet key development objectives such as smart, green, service, fashion and safety manufacturing.
Funding criteria: Concurrent support will be provided to a single project at no more than 20% of its actual fixed asset investment, with the maximum not exceeding RMB 50 million (the fixed asset investment supported can be traced to at most 2 natural years before the year the project is submitted).
Enquiry details:Contact number: 0755-88127053；88101037；88102084
Address: General Service Window, Shenzhen Administrative Service West Hall, Zone B, Fuzhong 3rd Road,
Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Industrial and Information Technology
Bureau.
Directions:
(Bus)
1. Civic Center stop: Route 38, 60, 107, 236, 398, m123 and m390;
2. Civic Center East stop: Route 34, 38, 41, 60, 64, 371 shuttle, n9, etc.
(Metro)
1. Civic Center station: Shekou Line 2 (Exit B), Longhua Line 4 (Exit B);
2. Children's Palace station: Longgang Line 3, Longhua Line 4 (Exit D, A1 and A2).
2. Shenzhen Employment Retention Subsidy for Enterprises
Targeted applicants: Enterprises that participate in unemployment insurance in accordance with the law and pay unemployment insurance premiums in full, that have during the previous year not laid off any employees or kept its layoff rate lower than the urban registered unemployment rate of the current year, and that maintain a sound finance framework and proper management operations, will be provided with employment retention subsidies by the unemployment insurance fund (referred to as the “fund” below).
Funding criteria: Employment retention subsidies will be given to qualified enterprises at 50% of the total actual amount of unemployment insurance premiums paid by the enterprise and its employees in the previous year.
Enquiry details:
Contact number: 0755-83460844; 0755-88100506
Address: Service Hall, Talent Service Park, City Administrative Service Hall, No. 8005 Shennan Avenue,
Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Human Resources and Social Security Bureau.
Directions:
(Bus)
1. Shenzhen Talent Park ① stop: Route 79, 101, 113, 204 and 223;
2. Shenzhen Talent Park ② stop: Route 222, 234, 324, 395, n6, etc.
(Metro)
1. Zhuzilin station: Line 1 (Exit B1).
3.Gathering and Subsidy for Entrepreneurial Projects
Targeted applicants: A project holder that has obtained legal business qualifications in Shenzhen and has operated an entrepreneurial project for more than one year.
Focus areas of subsidy: These projects are in line with the Shenzhen's requirements for economic transformation, industrial restructuring, development of green industries, low-carbon economy, circular economy, emerging industries, environmental protection and high-tech development, and meet the needs of services, business model innovation and employment.
Funding criteria: The public employment service department conducts activities calling for submissions of public welfare entrepreneurship projects, to establish a comprehensive database of entrepreneurial projects, gather and develop entrepreneurial projects in engagement with the society, and improve the inclusion, updating and eliminating mechanisms for entrepreneurial projects. An entrepreneurial project received and approved for inclusion on the database after review is entitled to a one-off subsidy of RMB 3,000.
Enquiry details:
Contact number: 0755-88123461
Address: Service Hall, Talent Service Park, City Administrative Service Hall, No. 8005 Shennan Avenue, Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Human Resources and Social Security Bureau.
Directions:
(Bus)
1. Shenzhen Talent Park ① stop: Route 79, 101, 113, 204, and 223;
2. Shenzhen Talent Park ② Park: Route 222, 234, 324, 395, n6, etc.
(Metro) 1. Zhuzilin station: Line 1 (Exit B1).
4.Special Fund for Shenzhen Intellectual Property Operation Service System
Targeted applicants: Enterprises, scientific research institutions, intellectual property research institutions, intellectual property service agencies, legal service institutions, industry associations, industrial parks, intellectual property incubators, industrial intellectual property alliances and other entities, that are registered
in Shenzhen (including the Shen-Shan Special Cooperation Zone).
Funding criteria:
Applicants who obtain commercial bank loans by pledging their intellectual property rights (patents, trademarks, copyrights, etc.) shall be subsidized at 50% of their actual loan interest.
For a single intellectual property pledge financing incurred by an applicant, a bank loan of not more than RMB 5 million shall be subsidized at 80% of its actual guarantee and assessment fees; a bank loan of more than RMB 5 million but not more than RMB 10 million shall be funded at 50% of its actual guarantees and evaluation fees; a bank loan of more than RMB 10 million will be funded at 30% of its actual guarantees and evaluation fees.
Enquiry details:
Telephone enquiry: 0755-12315
Office: General Service Window, Shenzhen Administrative Service West Hall, Zone B, Fuzhong 3rd Road, Lianhua Sub-district, Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Municipal Market and Quality Supervision
Committee.
Directions:
(Bus)
1. Civic Center stop: Route 38, 60,107, 236, 398, m123 and m390;
2. Civic Center East stop: Route 34, 38, 41, 60, 64, 371 shuttle, n9, etc.
(Metro)
1. Civic Center station: Shekou Line 2 (Exit B), Longhua Line 4 (Exit B);
2. Children's Palace station: Longgang Line 3, Longhua Line 4 (Exit D, A1 and A2).
5. Recognition of National High-Tech Enterprises
Targeted applicants: Companies recognized as national high-tech enterprises.Benefits: Article 28 of the Enterprise Income Tax Law of the People's Republic of China provides that hightech enterprises are entitled to a 15% reduction in income tax rate, which is a 40% decrease of the original 25% tax rate.
Enquiry details:
Telephone enquiry: 0755-86329895, 0755-26548598
Office: General Service Window, Shenzhen Administrative Service West Hall, Fuzhong 3rd Road, Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Science and Technology Innovation Commission.
Remarks: The above information is obtained from the Shenzhen Science and Technology Innovation Commission.
Directions:
(Bus)
1. Civic Center stop: Route 38, 60, 107, 236, 398, m123 and m390;
2. Civic Center East stop: Route 34, 38, 41, 60, 64, 371 shuttle, n9, etc.
(Metro)
1. Civic Center station: Shekou Line 2 (Exit B), Longhua Line 4 (Exit B);
2. Children's Palace station: Longgang Line 3, Longhua Line 4 (Exit D, A1 and A2)
Policy Responses to Epidemic
1.Some Measures to Deal with Novel Coronavirus Pneumonia Epidemic and Supporting Enterprises to Overcome the Difficulties
Policy Extracts
1、Postpone the payment of social insurance premiums in accordance with laws and regulations.
If the employer is unable to pay the corporate social insurance premium on time due to the epidemic situation, the payment may be postponed to 3 months after the epidemic situation is over, and no late payment penalty will be charged during the period.
2、Reduce the proportion of enterprise housing provident fund. Enterprises that are affected by the
epidemic and have real difficulties in depositing housing provident fund may, in accordance with the law, apply for a reduction of the housing provident fund payment proportion to a minimum of 3% for no more than 12 months; or apply for deferred payment of housing provident funds for no more than 12 months.
3、Intensify aid to stabilize jobs. During the period of epidemic prevention and control, 50% of the
unemployment insurance premium actually paid in the previous year will be refunded to the insured enterprises that do not lay off or have fewer layoffs. For the insured enterprises that have difficulties in production and operation and insist on no or less layoffs, 25% of the social insurance premium paid by the enterprise and its employees in the previous year shall be refunded. The wages paid by the enterprise during the period of treatment or isolation due to epidemic situation shall be subsidized to the enterprise according to 50% of the basic endowment insurance payment base.
4、Increasing subsidies for the skill training of enterprise employees. For enterprises that organize
employees to participate in vocational skills training according to their post needs in 2020, the training subsidy standard of enterprises will be further increased. The subsidy for post training will be increased from 900 yuan per person to 1500 yuan, and the subsidy for skill upgrading training will be increased from 1400 yuan to 2000 yuan per person.
Consultation Methods:
According to the different policy terms, each department formulates the corresponding policy implementation rules, and the enterprise consults with the corresponding handling agencies according to the actual needs (List):
Shenzhen Social Insurance Fund Management Bureau 0755-12333
Shenzhen Housing Provident Fund Management Center 0755-12329
Futian District Human Resources Bureau 0755-82918165
Nanshan District Human Resources Bureau 0755-86387912
......
For further information, please scan the QR Code to refer to the original policy：
For further information, please scan the QR Code to refer to the original policy：
Announcement on Supporting VAT Policies for Privately or Individually-owned Business to Resume Work and Business (No. 13 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China)
State Taxation Administration, Ministry of Finance of the
People’s Republic of China
Announcement on Extending the Implementation Period of VAT Reduction and Exemption Policy for Small Scale Taxpayers（No. 24 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China
From March 1 to May 31, 2020, for small-scale VAT taxpayers in Hubei Province, the taxable sales income with 3% levy rate will be exempted from VAT; and the prepaid VAT items with 3% prepayment rate will be suspended. Except Hubei Province, for small-scale VAT taxpayers in other provinces, autonomous regions and municipalities directly under the central government, the VAT shall be levied at the reduced rate of 1% for the taxable sales income at the rate of 3%; for the VAT items with the prepayment rate of 3%, the VAT shall be prepaid at the rate of 1%.
From March 1 to May 31, 2020, for small-scale VAT taxpayers in Hubei Province, the taxable sales income with 3% levy rate will be exempted from VAT; and the prepaid VAT items with 3% prepayment rate will be suspended. Except Hubei Province, for small-scale VAT taxpayers in other provinces, autonomous regions and municipalities directly under the central government, the VAT shall be levied at the reduced rate of 1% for the taxable sales income at the rate of 3%; for the VAT items with the prepayment rate of 3%, the VAT shall be prepaid at the rate of 1%.
State Taxation Administration, Ministry of Finance of the People’s Republic of China
The implementation period of preferential tax policies stipulated in the Announcement on Supporting VAT Policies for Privately or Individually-owned Business to Resume Work and Business (No. 13 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China) shall be extended to December 31, 2020.
Hotline：0755-12366
Hotline：0755-12366
For further information, please scan the QR Codes to refer to the original policy:
3.Guangdong Provincial Tax Service, State Taxation Administration
Notice on Strengthening the Implementation of Tax Policies to Resolutely Win the Battle Against the Epidemic (No. 16 of the Year 2020, Guangdong Provincial Tax Service, State Taxation Administration)
Policy Extracts
Efforts should be made to support scientific research breakthrouth. Vigorously serve relevant enterprises and speed up scientific research, and guide enterprises to implement the preferential income tax rate for high-tech enterprises, additional deduction policies for research and development expenses, and policies such as technology transfer and technology development exemption from value-added tax, and technology transfer income reduction and exemption of corporate income tax. Provide timely, full amount, priority for the purchase of domestic equipment tax rebate services for qualified r&d institutions producing related drugs, reagents, vaccines.
Details As Follows:
(1) High-tech enterprises supported by the state will be taxed at a reduced tax rate of 15%;
(2) If the actual research and development expenses incurred by the enterprise during its research and development activities do not form intangible assets to be recorded into the current profits and losses, they shall be deducted in accordance with the provisions and on the basis of the actual deductions, from January 1, 2018 to December 31, 2020, they shall be deducted by 75% of the actual amount before tax; if an intangible asset is formed, it shall be amortized before tax at 175% of the cost of the intangible asset during the aforesaid period.
(3) Technology transfer, technology development, and related technical consultation and technical services provided by taxpayers shall be exempted from value-added tax.
(4)Within a tax year, the part of the income from technology transfer of resident enterprises does not exceed 5 million yuan shall be exempted from enterprise income tax; the part exceeding 5 million yuan shall be subject to enterprise income tax by half.
Hotline: 0755-12366
Hotline: 0755-12366
For further information, please scan the QR Code to refer to the original policy:
Supporting Policies and Subsidies for Enterprises
Foreword
Shenzhen is known as the “City for Start-Ups” in China. According to the data provided by the Data Center of the Market and Quality Supervision Commission of Shenzhen Municipality, the number of registered enterprises in Shenzhen as of 2017 exceeded 1.76 million, which was 260,000 more than 1.5 million as of 2016. That is more than 700 newenterprises being registered and established in Shenzhen every day. At the same time, the Shenzhen Human Resources and Social Security Bureau is also actively promoting policies that support new enterprises.
This section mainly describes the support policies for entrepreneurship in Shenzhen and the policies for responding to the epidemic. The targeted applicants, basic eligibility criteria, specific applicant criteria, subsidy amount, funding criteria and other relevant details are listed The response to the epidemic policy extracts some common policies and attaches the QR code to check the original policy.
This section mainly describes the support policies for entrepreneurship in Shenzhen and the policies for responding to the epidemic. The targeted applicants, basic eligibility criteria, specific applicant criteria, subsidy amount, funding criteria and other relevant details are listed The response to the epidemic policy extracts some common policies and attaches the QR code to check the original policy.
Reading Guide
•Subsidy for enterprise policies
· Shenzhen Enterprise Technology Transformation and Support Plan
· Shenzhen Employment Retention Subsidy for Enterprises
· Gathering and Subsidy for Entrepreneurial Projects
· Special Fund for Shenzhen Intellectual Property Operation Service System
· Recognition of National High-Tech Enterprises
•Policy Responses to Epidemic
· Some Measures to Deal With Novel Coronavirus Pneumonia Epidemic and Supporting Enterprises to Overcome the Difficulties
· State Taxation Administration, Ministry of Finance of the People’s Republic of China
Announcement on Supporting VAT Policies for Privately or Individually-owned Business to Resume Work and Business (No. 13 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China) State Taxation Administration, Ministry of Finance of the People’s Republic of China Announcement on Extending the Implementation Period of VAT Reduction and Exemption Policy for Small Scale Taxpayers（No. 24 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China）
· Guangdong Provincial Tax Service, State Taxation AdministrationNotice on Strengthening the Implementation of Tax Policies to Resolutely Win theBattle Against the Epidemic (No. 16 of the Year 2020, Guangdong Provincial Tax Service, State Taxation Administration)
I have heard about many supporting policies for enterprises in Shenzhen, but are foreigners eligible for them?
Most of the enterprise subsidy policies do not specify the applicant’s nationality or type of enterprise. You may apply as long as you meet the application criteria.
Policies for enterprises
1. Shenzhen Enterprise Technology Transformation and Support Plan – Rewards and Subsidies for Major Projects
Targeted applicants: The reporting unit is an independent legal person, industry association and social organization registered in Shenzhen (including the Shen-Shan Special Cooperation Zone, same below), and the technical transformation projects shall be filed on record in the municipal enterprise technical transformation project records system in accordance with the "Shenzhen Enterprise Technology
Targeted applicants: The reporting unit is an independent legal person, industry association and social organization registered in Shenzhen (including the Shen-Shan Special Cooperation Zone, same below), and the technical transformation projects shall be filed on record in the municipal enterprise technical transformation project records system in accordance with the "Shenzhen Enterprise Technology
Transformation Project Record Management Implementation Measures" (Shenzhen Economic and Trade Information Regulations [2017] No. 3), including those haven’t been listed as a target for joint punishment for dishonesty.
Focus areas of subsidy: Supports major industrial projects and technological transformation projects that meet key development objectives such as smart, green, service, fashion and safety manufacturing.
Funding criteria: Concurrent support will be provided to a single project at no more than 20% of its actual fixed asset investment, with the maximum not exceeding RMB 50 million (the fixed asset investment supported can be traced to at most 2 natural years before the year the project is submitted).
Enquiry details:Contact number: 0755-88127053；88101037；88102084
Address: General Service Window, Shenzhen Administrative Service West Hall, Zone B, Fuzhong 3rd Road,
Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Industrial and Information Technology
Bureau.
Directions:
(Bus)
1. Civic Center stop: Route 38, 60, 107, 236, 398, m123 and m390;
2. Civic Center East stop: Route 34, 38, 41, 60, 64, 371 shuttle, n9, etc.
(Metro)
1. Civic Center station: Shekou Line 2 (Exit B), Longhua Line 4 (Exit B);
2. Children's Palace station: Longgang Line 3, Longhua Line 4 (Exit D, A1 and A2).
2. Shenzhen Employment Retention Subsidy for Enterprises
Targeted applicants: Enterprises that participate in unemployment insurance in accordance with the law and pay unemployment insurance premiums in full, that have during the previous year not laid off any employees or kept its layoff rate lower than the urban registered unemployment rate of the current year, and that maintain a sound finance framework and proper management operations, will be provided with employment retention subsidies by the unemployment insurance fund (referred to as the “fund” below).
Funding criteria: Employment retention subsidies will be given to qualified enterprises at 50% of the total actual amount of unemployment insurance premiums paid by the enterprise and its employees in the previous year.
Enquiry details:
Contact number: 0755-83460844; 0755-88100506
Address: Service Hall, Talent Service Park, City Administrative Service Hall, No. 8005 Shennan Avenue,
Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Human Resources and Social Security Bureau.
Directions:
(Bus)
1. Shenzhen Talent Park ① stop: Route 79, 101, 113, 204 and 223;
2. Shenzhen Talent Park ② stop: Route 222, 234, 324, 395, n6, etc.
(Metro)
1. Zhuzilin station: Line 1 (Exit B1).
3.Gathering and Subsidy for Entrepreneurial Projects
Targeted applicants: A project holder that has obtained legal business qualifications in Shenzhen and has operated an entrepreneurial project for more than one year.
Focus areas of subsidy: These projects are in line with the Shenzhen's requirements for economic transformation, industrial restructuring, development of green industries, low-carbon economy, circular economy, emerging industries, environmental protection and high-tech development, and meet the needs of services, business model innovation and employment.
Funding criteria: The public employment service department conducts activities calling for submissions of public welfare entrepreneurship projects, to establish a comprehensive database of entrepreneurial projects, gather and develop entrepreneurial projects in engagement with the society, and improve the inclusion, updating and eliminating mechanisms for entrepreneurial projects. An entrepreneurial project received and approved for inclusion on the database after review is entitled to a one-off subsidy of RMB 3,000.
Enquiry details:
Contact number: 0755-88123461
Address: Service Hall, Talent Service Park, City Administrative Service Hall, No. 8005 Shennan Avenue, Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Human Resources and Social Security Bureau.
Directions:
(Bus)
1. Shenzhen Talent Park ① stop: Route 79, 101, 113, 204, and 223;
2. Shenzhen Talent Park ② Park: Route 222, 234, 324, 395, n6, etc.
(Metro) 1. Zhuzilin station: Line 1 (Exit B1).
4.Special Fund for Shenzhen Intellectual Property Operation Service System
Targeted applicants: Enterprises, scientific research institutions, intellectual property research institutions, intellectual property service agencies, legal service institutions, industry associations, industrial parks, intellectual property incubators, industrial intellectual property alliances and other entities, that are registered
in Shenzhen (including the Shen-Shan Special Cooperation Zone).
Funding criteria:
Applicants who obtain commercial bank loans by pledging their intellectual property rights (patents, trademarks, copyrights, etc.) shall be subsidized at 50% of their actual loan interest.
For a single intellectual property pledge financing incurred by an applicant, a bank loan of not more than RMB 5 million shall be subsidized at 80% of its actual guarantee and assessment fees; a bank loan of more than RMB 5 million but not more than RMB 10 million shall be funded at 50% of its actual guarantees and evaluation fees; a bank loan of more than RMB 10 million will be funded at 30% of its actual guarantees and evaluation fees.
Enquiry details:
Telephone enquiry: 0755-12315
Office: General Service Window, Shenzhen Administrative Service West Hall, Zone B, Fuzhong 3rd Road, Lianhua Sub-district, Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Municipal Market and Quality Supervision
Committee.
Directions:
(Bus)
1. Civic Center stop: Route 38, 60,107, 236, 398, m123 and m390;
2. Civic Center East stop: Route 34, 38, 41, 60, 64, 371 shuttle, n9, etc.
(Metro)
1. Civic Center station: Shekou Line 2 (Exit B), Longhua Line 4 (Exit B);
2. Children's Palace station: Longgang Line 3, Longhua Line 4 (Exit D, A1 and A2).
5. Recognition of National High-Tech Enterprises
Targeted applicants: Companies recognized as national high-tech enterprises.Benefits: Article 28 of the Enterprise Income Tax Law of the People's Republic of China provides that hightech enterprises are entitled to a 15% reduction in income tax rate, which is a 40% decrease of the original 25% tax rate.
Enquiry details:
Telephone enquiry: 0755-86329895, 0755-26548598
Office: General Service Window, Shenzhen Administrative Service West Hall, Fuzhong 3rd Road, Futian District, Shenzhen
Remarks: The above information is obtained from the Shenzhen Science and Technology Innovation Commission.
Remarks: The above information is obtained from the Shenzhen Science and Technology Innovation Commission.
Directions:
(Bus)
1. Civic Center stop: Route 38, 60, 107, 236, 398, m123 and m390;
2. Civic Center East stop: Route 34, 38, 41, 60, 64, 371 shuttle, n9, etc.
(Metro)
1. Civic Center station: Shekou Line 2 (Exit B), Longhua Line 4 (Exit B);
2. Children's Palace station: Longgang Line 3, Longhua Line 4 (Exit D, A1 and A2)
Policy Responses to Epidemic
1.Some Measures to Deal with Novel Coronavirus Pneumonia Epidemic and Supporting Enterprises to Overcome the Difficulties
Policy Extracts
1、Postpone the payment of social insurance premiums in accordance with laws and regulations.
If the employer is unable to pay the corporate social insurance premium on time due to the epidemic situation, the payment may be postponed to 3 months after the epidemic situation is over, and no late payment penalty will be charged during the period.
2、Reduce the proportion of enterprise housing provident fund. Enterprises that are affected by the
epidemic and have real difficulties in depositing housing provident fund may, in accordance with the law, apply for a reduction of the housing provident fund payment proportion to a minimum of 3% for no more than 12 months; or apply for deferred payment of housing provident funds for no more than 12 months.
3、Intensify aid to stabilize jobs. During the period of epidemic prevention and control, 50% of the
unemployment insurance premium actually paid in the previous year will be refunded to the insured enterprises that do not lay off or have fewer layoffs. For the insured enterprises that have difficulties in production and operation and insist on no or less layoffs, 25% of the social insurance premium paid by the enterprise and its employees in the previous year shall be refunded. The wages paid by the enterprise during the period of treatment or isolation due to epidemic situation shall be subsidized to the enterprise according to 50% of the basic endowment insurance payment base.
4、Increasing subsidies for the skill training of enterprise employees. For enterprises that organize
employees to participate in vocational skills training according to their post needs in 2020, the training subsidy standard of enterprises will be further increased. The subsidy for post training will be increased from 900 yuan per person to 1500 yuan, and the subsidy for skill upgrading training will be increased from 1400 yuan to 2000 yuan per person.
Consultation Methods:
According to the different policy terms, each department formulates the corresponding policy implementation rules, and the enterprise consults with the corresponding handling agencies according to the actual needs (List):
Shenzhen Social Insurance Fund Management Bureau 0755-12333
Shenzhen Housing Provident Fund Management Center 0755-12329
Futian District Human Resources Bureau 0755-82918165
Nanshan District Human Resources Bureau 0755-86387912
......
For further information, please scan the QR Code to refer to the original policy：
For further information, please scan the QR Code to refer to the original policy：
Announcement on Supporting VAT Policies for Privately or Individually-owned Business to Resume Work and Business (No. 13 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China)
State Taxation Administration, Ministry of Finance of the
People’s Republic of China
Announcement on Extending the Implementation Period of VAT Reduction and Exemption Policy for Small Scale Taxpayers（No. 24 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China
From March 1 to May 31, 2020, for small-scale VAT taxpayers in Hubei Province, the taxable sales income with 3% levy rate will be exempted from VAT; and the prepaid VAT items with 3% prepayment rate will be suspended. Except Hubei Province, for small-scale VAT taxpayers in other provinces, autonomous regions and municipalities directly under the central government, the VAT shall be levied at the reduced rate of 1% for the taxable sales income at the rate of 3%; for the VAT items with the prepayment rate of 3%, the VAT shall be prepaid at the rate of 1%.
From March 1 to May 31, 2020, for small-scale VAT taxpayers in Hubei Province, the taxable sales income with 3% levy rate will be exempted from VAT; and the prepaid VAT items with 3% prepayment rate will be suspended. Except Hubei Province, for small-scale VAT taxpayers in other provinces, autonomous regions and municipalities directly under the central government, the VAT shall be levied at the reduced rate of 1% for the taxable sales income at the rate of 3%; for the VAT items with the prepayment rate of 3%, the VAT shall be prepaid at the rate of 1%.
State Taxation Administration, Ministry of Finance of the People’s Republic of China
The implementation period of preferential tax policies stipulated in the Announcement on Supporting VAT Policies for Privately or Individually-owned Business to Resume Work and Business (No. 13 of the Year 2020, State Taxation Administration, Ministry of Finance of the People’s Republic of China) shall be extended to December 31, 2020.
Hotline：0755-12366
Hotline：0755-12366
For further information, please scan the QR Codes to refer to the original policy:
3.Guangdong Provincial Tax Service, State Taxation Administration
Notice on Strengthening the Implementation of Tax Policies to Resolutely Win the Battle Against the Epidemic (No. 16 of the Year 2020, Guangdong Provincial Tax Service, State Taxation Administration)
Policy Extracts
Efforts should be made to support scientific research breakthrouth. Vigorously serve relevant enterprises and speed up scientific research, and guide enterprises to implement the preferential income tax rate for high-tech enterprises, additional deduction policies for research and development expenses, and policies such as technology transfer and technology development exemption from value-added tax, and technology transfer income reduction and exemption of corporate income tax. Provide timely, full amount, priority for the purchase of domestic equipment tax rebate services for qualified r&d institutions producing related drugs, reagents, vaccines.
Details As Follows:
(1) High-tech enterprises supported by the state will be taxed at a reduced tax rate of 15%;
(2) If the actual research and development expenses incurred by the enterprise during its research and development activities do not form intangible assets to be recorded into the current profits and losses, they shall be deducted in accordance with the provisions and on the basis of the actual deductions, from January 1, 2018 to December 31, 2020, they shall be deducted by 75% of the actual amount before tax; if an intangible asset is formed, it shall be amortized before tax at 175% of the cost of the intangible asset during the aforesaid period.
(3) Technology transfer, technology development, and related technical consultation and technical services provided by taxpayers shall be exempted from value-added tax.
(4)Within a tax year, the part of the income from technology transfer of resident enterprises does not exceed 5 million yuan shall be exempted from enterprise income tax; the part exceeding 5 million yuan shall be subject to enterprise income tax by half.
Hotline: 0755-12366
Hotline: 0755-12366
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