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Shenzhen Investments Policies - Others

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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