Others

    1．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. *⑤

    2．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 RMB 200 thousand 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. *⑧

    3．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.

(1) Detailed Rules for Implementation of Income Tax Law for Foreign-Invested Enterprises and Foreign Enterprises of the People’s Republic of China, 1991

(2) Policies to Encourage the Development of Software Industry, Shenfu [2001] No. 11

(3) Notification on Taxation Policies to Encourage the Development of Software Industry and Integrated Circuit Industry, Caisui <2000> No. 25

(4) Regulations on Speeding Up the Development of Shenzhen’s Integrated Circuit Manufacturing Industry, Shenfu [2001], No. 14

(5) Decision on Improving Regional Innovation System and Boosting the Sustained and Fast Development of Hi-Tech Industries, Shenfu [2004] No. 1

(6) Measures of Shenzhen to Provide Large-Sized Enterprises with Convenient Services, Shenfu [2003], No. 136

(7) Venture Investment Rules for Shenzhen Special Economic Zone, (2003)

(8) Regulations on Management of Non-Governmental Technological Enterprises of Shenzhen Special Economic Zone, (June 23, 1993, Order of the People’s Government of Shenzhen, No. 10) 

(9) Provisional Regulations for Venture Capital Investment in Hi-Tech Industry, Shenzhen, (2000) 

(10) Franchised Operation Methods for Shenzhen’s Public Utilities, (2003)

⑩ Regulations of Shenzhen to Encourage the Development of Technological Enterprise Incubators, Shenfu (2003), No. 63

(11) Regulations of Shenzhen to Encourage Overseas Students to Start Business in Shenzhen, (2000) 

(12) Details for Implementation of Regulations of Shenzhen to Encourage the Development of Financial Industry, (Shenfu [2003], No. 175)

(13) Methods of Shenzhen for Management of Subsidy for Patent Application, (Shencaiqi (2002) No. 3) 

(14) Suggestions of Shenzhen for Vigorous Development of Its Modern Commerce and Trade, 2002