The Authority of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone released three major supportive polices Nov. 22 to promote the development of financial industry, industrial agglomeration and talents, offering substantial subsidies for qualifiers in Qianhai.
The specific types of subsidies for companies who rent or purchase office space in Qianhai are as follows.
The office space rental subsidies for headquarters enterprises is 60 yuan per square meter per month; enterprises in industries of finance, modern marine, exhibition, trade and logistics, technology service, new international trade, digital and fashion, and professional service will receive 60 yuan, 40 yuan and 20 yuan per square meter per month if they settle in Qianhai in 2021, 2022 and 2023, respectively.
The office space rental subsidy is available for three consecutive years, and is capped at five million yuan each year.
Qualifiers for the subsidies should be enterprises registered, operating and paying taxes in Qianhai, headquarters enterprises recognized by Qianhai Authority, or enterprises belong to the industries above. In addition, the rented office space should be no less than 150 square meters.
The office space purchase subsidy is 3,000 yuan and 1,500 yuan per square meter and is capped at 30 million yuan and 15 million yuan for headquarters enterprises and other key institutions, respectively. The subsidies will be allocated evenly over three years.
The supportive policy is applicable for companies that settled in the original Qianhai before Sept. 6 this year and companies settled in the expanded Qianhai, which now occupies 120.56 square kilometers after Sept. 6.