Preferential
Policies for Investment of Taian
Hi-tech Industrial Development Zone
Ⅰ.Financial
Support Policies
（1） Newly set-up
productive enterprises with an operation term
of over 10yrs will be financially supported
with 40% from the local retained portion of
yncome tax in the first 5yrs, Such enterprises
that are verified hi-tech enterprises above
the provincial level within the first 3yrs of
starting business will be financially supported
with 60% from the local retained portion of
V.A.T.,and with 60%from the local retained portion
of income tax in the first 5yrs of starting
business. These above preferential polieies
are not enjoyed repeatedly.
（2） Newly set-up
enterprises engaging in commerce, construction,services,entertainment,financial
insurance, telecommunications, culture and sports
with an operation term of over 10yrs and with
registered capital of RMB 500,000 will be financially
supported with 50% from the local retained portion
of income tax in the first 5yrs.
（3） Newly set-up
enterprises engaging in industrial standard
workshops with an operation term of over 10yrs
by means of sale or lease,will be financially
supported with 20%from the loeal retained portion
of business tax in the first 5yrs,and with 40%from
the local retained portion of income tax in
the first 5yrs.
（4） Newly set-up
real estate enterprises with an operation term
of over 10yrs will be finaneially supported
with 10%from the local retained portion of business
tax in the first 3yrs,and with 30%from the local
retained portion of income tax in the first
5yrs.
（5） Hi-tech
projects with a leading position at home and
abroad which need to raie money for contruction
will gain priority in applying for venture investment
funds,enterprises development funds and incubation
funds established by the Administrative Committee
of the Hi-tech Zone.Inaddition,these projects
could enjoy 3yrs of financial deductions on
interest payments for external loans and guarantee
services,but the usage of funds is not allowed
to change.
Ⅱ.Preferential
Policies for Land
（6）
For Hi-tech projects and industrial projects
invested in by World 500 Top Enterprises or
foreign productive projects with investment
amounts over US＄20million,land prices will be
negotiated on a case by case basis.
（7）
For productive projects with foreign investment
amounts over US＄10million or over RMB 50million
invested in by Domestic 500 Top Enterprises,land
prices will be charged at the rate of 50% of
the assessed price.
（8） For hi-tech
enterprises above the provincial level and for
productive projects invested in by listed stock
companies or with investment amounts over RMB
50million,land prices will be charged at the
rate of 55%of the assessed price.
（9）
For productive projects with investment amounts
over RMB 30million,land prices will be charged
at the rate of 70% of the assessed price.
（10） For projects
engaging in industrial standard workshops,land
prices will be charged at the rate of 70%of
the assessed price,for real estate projects,land
will be auctioned to obtain the assessed price,but
the lowest land price charged should not be
less than 90%of the assessed price.
（11） For non-productive
projects engaging in commerce trade,tour,entertainment
and hotel sectors,land prices will be charged
at the rate of 80%of the assessed price.
（12）The Administrative
Committee of the Hi-tech Zone will give more
preferential land price to projects which accelerate
the development of the economy or are invested
in by large group companies.
Ⅲ.Reward
Polices for Funds Introduced
（13）Persons
who introduce projects excluding real estate
projects and non-taxation projects for construction
in the zone will be rewarded by 1% of the amount
of fixed assets in annual actual arrived funds.Persons
who introdrce hi-tech projects,foreign-funds
puojects and projects accclerating cconomy greatly
will be reward by 1.5%.In addition to such commission
paid by the Administrative Committee to an introducer
of projccts,such introducer.shall also be entitled
to any further reward,which may be negotiated
directly with the beneficiary of the introduction.
（14）Persons
who introduce monetary funds with an annual
interest rate less than 5%,or areater than 5%but
less than 7%,or greater than 7%but less than
9%,will be given a lump-sum rewards in the amount
of 2%,1%and 0.5%of arrived funds respectively.The
organization that holds the funds will supply
the rewards.
（15）Persons
who introduce leading product projects from
World or DOMESTIC 500 Top Enterprises or projects
with foreign investment amounts over US＄10million
or industrial products with total investment
amounts over RMB 100million,will be rewarded
a villa by the Adminitrative Committee.
The
above-introduced funds should be invested for
a minimum period of 1yr.And there is no occupation
limit for the rewarded persons.
Ⅳ.Reward
Policies for Talented Persons
（16）With
scientific research achievements or projects,any
academician of China＇s Natural Sciences Academy
or Social Sciences Academy who establishes hi-tech
enterprise above the provincial leves with fixed
assets of over RMB 5million or annual tax revenue
over RMB 1million will be supplied with a house
of at least 150m2 free of charge.Furthermore,if
his enterprise is operated for over 5yrs and
gains obvious economic profits,he will also
be entitled to such a house free of charge.
（17）Professional
technicians above the provincial level and other
talented persons with patents and inventions
who establish projects which get above the first-class
award of Municipal Science & Technology
Progress and have demonstrated significant success
in the implementation and industrialization
of fixed assets over RMB 5million or annual
tax revenue over RMB 1milion,will also be entitled
to such a house free of charge and also could
get Taian Urban household.
（18）Persons
with Master＇s degree and invention patents who
establish hi-tech enterprises in the zone,whose
spouses and dependant children could get help
to tranfer job and live in Taian with them permanently,With
Doctor＇s degree,the one＇s close relatives could
get help to transfer jobs and live in Taian
permanently.
Ⅴ.Supplementary
Articles:
（19）Problems
that are not mentioned in above policies will
be negotiated on a case by case basis.
（20）The
Administrative Committee shall be responsible
for explaining the above-mentioned policies.
（21）The
polices come into force upon publication.If
any conflict shall arise between the policies
and any former policies,or if there is any inconsistency
between them,the new policies shall take precedence.
The
Administrative Committee of Taian Hi-tech
Industrial Development Zone
