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Reward for Benefit Contribution If, in the second to third complete fiscal year after the project is completed and put into operation, the annual financial contribution made by each mu of land is higher than the standard set by the industrial area where the project is located or by the local town or agreed in the contract, the exceeding part will be given back 100%, with a maximum not exceeding 50 million Chinese yuan. If, in the fourth to sixth complete fiscal year after the project is completed and put into operation, the annual financial contribution made by each mu of land is higher than the standard set by the industrial area where the project is located or by the local town or agreed in the contract, the exceeding part will be given back 50%, with a maximum not exceeding 20 million Chinese yuan. Reward for Fixed Assets Investment A Fortune Global 500, China Top 500 Enterprises, China Top 500 Private Enterprises or A-share listed enterprise, if invests in fixed assets (including land, plant, equipment and supporting facility), will be rewarded in a lump sum 5‰ of the total actual investment, with a maximum not exceeding 10 million Chinese yuan. Loans with Discounted Interest A project getting a loan from any commercial bank in Dongguan, every year will be subsidized 50% of the loan interest actually paid. Interest subsidy for each project will be given for 3 years at most, with an aggregate amount not exceeding 10 million Chinese yuan. Qualified projects can enjoy either abovementioned “Reward for Fixed Assets Investment” or such “Loans with Discounted Interest”. Support for Project Sites If a project is planning to resort to industrial land transformation measures for improving land utilization rate, it is allowed to enhance land development and construction intensity, relax restrictions and simplify approval procedures, provided that the project goes as planned, without increasing land and changing land use. If existing industrial land improves land utilization rate and plot ratio, no additional land price will be charged. For a project with the plot ratio of 3.5 or less, no simulation plan is required. Reward for Using Stock Land Resources With respect to leasing land or plant for self use, or acquiring or merging stock plant or land for self use, if, within 3 years from the second complete fiscal year after the project is put into operation, the annual financial contribution of each mu of land is higher than the standard set by the industrial area where the project is located or by the local town or agreed in the contract, a lump sum of 30 thousand Chinese yuan will be given for each mu, with an aggregate amount not exceeding 5 million Chinese yuan. |
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Reward for Senior Executive Talents Within 3 years from the second complete fiscal year after the project is put into operation, qualified senior executive talents of a major project are rewarded up to 80% of the local retention part of individual income tax payment, with an aggregate amount not exceeding 1 million Chinese yuan for each person a year. Children of qualified middle and senior management and of technical backbones are granted qualification for admission to public schools, or given a certain amount of subsidy if they study in a private school. Support of Office Leasing If a project leases office for self use in Dongguan and pays taxes up to required standard, 30% of the total annual rent will be given as reward, with a maximum not exceeding 1 million Chinese yuan. Such support will be offered for 3 years at most, with an aggregate amount not exceeding 3 million Chinese yuan. Sublease is not allowed during such entitlement. Government Service Support A certified investment promotion major or large project will be directly included in the investment project library, or directly listed as a municipal major construction project or preparatory project and enjoy relevant preferential policies if conditions permit. At the same time, it will be added into the list of municipal pilot enterprises or collaborative enterprises of the Multiplication Program and enjoy relevant preferential policies. Project leaders are entitled to benefits for Multiplication Card holders. Case-by-Case Support for Large Projects In addition, a large project will get more support from Dongguan Investment Promotion and Innovation Leading Group in finance, talent retention, office occupancy, relocation, resettlement, housing and some other aspects. Support to Investment Promotion Cooperative Institutions A certified investment promotion cooperative institution, if successfully brings in an agreed target project, will be given support according to the actual situation and rewarded 300 thousand Chinese yuan, but each institution can get an aggregate amount not exceeding 3 million Chinese yuan every year. |
