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Reward for Relocation to Dongguan Depending on its scale and financial contribution to the local, a comprehensive headquarter enterprise newly relocated to Dongguan will be rewarded a lump sum of money between 2 million and 100 million Chinese yuan and a functional headquarter enterprise between 1 million and 50 million Chinese yuan, and 40% of the amount of reward will be directly given to its senior executives. Reward for a Newly-established Subsidiary A headquarter enterprise located outside Dongguan or a domestic A-share listed company, if establishes a new subsidiary in Dongguan or transforms its Dongguan-based branch into a subsidiary, will be rewarded 80% of its newly increased financial contribution to the local from the year of such establishment or transformation. It is worth reminding that for a construction enterprise doing so, the reward will be raised to 100% of its newly increased financial contribution. Reward for Investment in a New Project A headquarter enterprise newly relocated to Dongguan, if invests in a new major infrastructure construction, fixed asset or key technological transformation project, will be rewarded 1% of the actual investment (excluding land acquisition expenses) made within 2 years since its relocation, with a maximum not exceeding 20 million Chinese yuan. Reward for a Certified In-city Enterprise A certified comprehensive or functional headquarter enterprise will be rewarded a lump sum equivalent to 1% of its financial contribution to the local within the last 5 years before it has been certified, with a maximum not exceeding 50 million Chinese yuan, and 40% of the amount of reward will be directly given to its senior executives. |
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Subsidy for Business Merger and Reshuffle For a headquarter enterprise which is certified after merger or reshuffle, the stamp tax and individual income tax incurred during its merger or reshuffle will be subsidized to a certain extent. To be more specific, 80% of the stamp tax payment, with the maximum not exceeding 10 million Chinese yuan, and 80% of the newly increased local retention part of the individual income tax payment for capital gains by its natural shareholders, with the maximum not exceeding 1 million Chinese yuan for each shareholder, will be subsidized. Reward for Business Contribution A certified headquarter enterprise will be rewarded according to its financial growth rate (as compared to the max. in the previous three years) in Dongguan since the first fiscal year after its being certified. To be more specific, for a growth rate between 20% and 40%, it will be rewarded 60% of its financial increase; for a growth rate between 40% and 60%, it will be rewarded 70%; and for a growth rate over 60%, it will be rewarded 80%. Reward for a Leading Enterprise A certified headquarter enterprise, if has been assessed as a Guangdong Top 100, China Top 500 or Global Top 500 enterprise, will be rewarded a lump sum equivalent to 500 thousand, 2 million or 5 million Chinese yuan respectively. Construction Land Support Every year 10% of Dongguan’s construction land index will be exclusively arranged for headquarter enterprises to satisfy their land demand for project introduction, capital increase and production expansion. If its headquarter building is constructed on a land for business and financial industries and the self-use construction area is in principle not less than 60%, the starting price for land leasing can be determined at 70% of the benchmark price of construction land for business, financial, catering, hotel and other operating service industries. |
