Notice from the Authority of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone on issuing the “Implementation Rules of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone on the Special Fund for Recognition of Headquarter Enterprises and Industry Support”

18 February 2019

The Authority of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone issued the above notice on 18 February 2019. The implementation rules are effective from 25 February 2019 to 31 December 2020. According to the implementation rules, eligible enterprises may be awarded a maximum special fund of RMB 30 million.

Abstract

The Authority of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone issued the above notice on 18 February 2019. The implementation rules are effective from 25 February 2019 to 31 December 2020.

Application criteria

Holders of the “Hong Kong service provider” qualification certificate, Hong Kong-funded enterprises with 51% shareholding from Hong Kong investors may be recognized as a Hong Kong headquarter enterprise as long as they fulfill the following criteria:

  1. Hong Kong integrated headquarters
    Refers to Hong Kong enterprises which has continuously operated in Qianhai for 1 year or more and fulfill one of the following criteria:
  2. Hong Kong modern logistics headquarters
    Refers to Hong Kong modern logistics enterprises with registered capital of RMB 100 million or above, have made direct economic contribution to Qianhai of no less than RMB 10 million and having logistics operating revenue taking up 50% or more of total revenue in the previous financial year.
  3. Hong Kong headquarters for other functions
    Refers to Hong Kong enterprises having direct economic contribution to Qianhai of no less than RMB 10 million and fulfills one of the following criteria:
  4. Hong Kong headquarters for Professional institutions
    Refers to Hong Kong enterprises operating in Qianhai for 1 year or more and fulfill the following the criteria:

Support fund gathering

Eligible Hong Kong headquarter enterprises may be awarded subsidies of 50% of the support funds based on the following headquarter types.

  1. Integrated headquarter enterprises
  2. Modern logistics headquarter enterprises
  3. Other functional headquarter enterprises
  4. Professional institutions headquarters
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