Zhuhai Financial Subsidies Business Benifits

Zhuhai Free Trade Zone services
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Each year, the municipal financial department will allocate a certain amount of science and technology subsidy to the projects of hi-tech achievements with prospects for development, and it will also increase fund allocation by 10 to 20 million yuan to give key support to the incubation and industrialization of science and technology projects, and introduce the projects of hi-tech achievements from inland colleges and universities and research institutes for industrialization in Zhuhai.   -------- (Zhuhai Government Document No. (1999) 88)

The teaching and managerial staff of university campuses are granted financial subsidies of Special Economic Zone. The subsidies will be verified and allocated in accordance with the equal standards of state and Guangdong provincial institutions residing in Zhuhai on a scale of 10ˇŚ?1 between full-time students of that year and teachers. -------  (Zhuhai Government Document No. (2000) 67)

The software industry development fund is set up to support the facilities for the state and provincial level software projects and the application of software to the promotion of industrial reconstruction. Such development fund adopts such forms as interest subsidy for project loans, subsidies and rewards, and it will be used in an rollover mode.

The Financial special account is set up for supporting the software industry. The local retained portion of the income taxes paid by software business as is transferred into the special account, and will be used for supporting the development and innovation of software enterprises.

For the managerial and technical personnel of software enterprises, an amount of 4,000 yuan for subsidies and expenses can be deducted each month before levying of personal income tax, and the local retained portion of the due personal income tax is transferred into the special account for supporting the software industry. 

The software enterprises that have entered the software park are entitled to: a 30% reduction of communications fees compared with that outside the park, and the government subsidies for rents for 3 years at the rate of 10-square-meter office area for each of managerial and development personnel.

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