Shenzhen Investments Policies - Others
Enterprises are encouraged to invest more in R&D. The
total R&D expenditures of hi-tech enterprises can be included
in their costs. If the expenditures accrue by 10% (including
10%) than the previous year, and they are in compliance with
the country’s tax laws and regulations, then an additional
50% of the expenditures is, upon the approval by the taxation
authority, allowed to be deducted from the taxable sum of
the year. *(Note 5)
If a non-governmental technological enterprise has been put
into operation for over 2 years with integrated management
system, and a yearly payment of tax of over RMB200,000 Yuan,
its employees in compliance with the related regulations of
the SEZ can apply for permanent residence in the city. The
number will be determined by the sum of the paid tax. *(Note
8)
National treatment will be given to foreign-invested enterprises
and foreign employees; for foreign-invested enterprises to
produce products not restricted by quota and permit, the proportion
between the domestic sales and export will be determined and
adjusted freely according to the market demand; the electric
rate for foreign-invested enterprises is the same as that
for domestically-invested enterprises; foreign employees to
work and study in Shenzhen will enjoy services of the same
standards in shopping, renting houses, seeking for medical
care and sightseeing in Shenzhen.
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