Doumen District Headquarters Economy Policy

Enterprises recognized as headquarters enterprises in our district may enjoy the following support policies annually, subject to annual review and approval:

1. Support for Operational Contributions. Enterprises recognized as headquarters enterprises in our district will receive support based on their comprehensive contribution to the district’s economic and social development in the previous year. The support amount generally shall not exceed 40% of the enterprise’s direct economic contribution to the district in the previous year.

2. Living Allowance for Senior Management of Headquarters Enterprises. For enterprises recognized as headquarters enterprises in our district, their senior management (defined as: Chairman, Vice Chairman, General Manager, Director, Deputy General Manager, Chief Financial Officer, Board Secretary of a listed company, and other senior management personnel as specified in the company’s articles of association; hereinafter the same) may receive an annual personal living allowance. The amount of the living allowance generally does not exceed 10% of the enterprise’s direct economic contribution to our district in the previous year. The living allowance is distributed internally by the enterprise.

3. Children of senior executives of headquarters enterprises who are not registered residents of our district may enroll in local schools and receive the same treatment as students with local household registration. Those enrolling in compulsory education schools in our district will be assigned to public schools based on the principle of neighborhood enrollment.

Zhuhai City Investment Promotion Agency Incentive Policy

1. Referral of Category I Investment Projects: Production-oriented projects classified as “Priority Development” or “Encouraged Development” in the *Zhuhai City Industrial Development Guidance Catalog*. For referred projects with actual fixed-asset investment of 200 million yuan or more (including 200 million yuan) but less than 500 million yuan (including 500 million yuan), a reward of 1‰ of the actual fixed-asset investment shall be granted; for projects with actual fixed-asset investment of 500 million yuan or more, a reward of 2.5‰ of the actual fixed-asset investment shall be granted.The maximum reward for a single project is 5 million yuan.

2. Referral of Category II Investment Projects: New economy projects in the tertiary sector. A reward of up to 30% of the fiscal contribution to the relevant district (functional zone) during the first year following the project’s commencement of operations will be granted. Fiscal contributions primarily include corporate income tax and value-added tax. Specific reward standards and application procedures shall be formulated independently by each district (functional zone).

Implementation Measures for Strengthening the Development of Headquarters Enterprises in Zhuhai

(I) Newly Settled Headquarters Incentive.

1. For newly introduced enterprises directly recognized as headquarters enterprises that meet the conditions specified in Article 4, Item (1) of these Measures, a reward of up to 2 million yuan shall be granted for every 10 million USD or 100 million yuan of paid-in registered capital (limited to monetary contributions), with a maximum reward of 100 million yuan per project. Of this amount, 40% may be directly distributed by the enterprise to its senior management. Paid-in registered capital may be accumulated within one year after the enterprise completes its establishment or relocation registration.

2. For newly settled enterprises meeting the conditions specified in Article 4, Item (2) of these Measures, upon initial recognition as a headquarters enterprise, a reward of up to 50% of the enterprise’s annual local fiscal contribution to our city shall be granted based on factors such as registered capital and industry category, with a maximum reward of 100 million yuan per instance. Forty percent (40%) of the reward amount may be distributed directly by the enterprise to its senior management.

(2) Operational Contribution Award. For headquarter enterprises that have passed the initial recognition or re-evaluation (including existing enterprises and newly settled enterprises), a reward of up to 50% of the enterprise’s annual incremental contribution to the city’s local fiscal revenue (compared to the highest annual figure from the previous two years) shall be granted, based on factors such as the enterprise’s registered capital and industry category, with a maximum reward of 100 million yuan per instance. Up to 40% of the reward amount may be distributed directly by the enterprise to its senior management.

(3) M&A and Restructuring Award. Enterprises are encouraged to expand and strengthen their operations through market-oriented means, such as absorption mergers, new entity mergers, equity acquisitions, and asset acquisitions. Enterprises that acquire or restructure domestic or international listed companies or leading enterprises and relocate them to our city may apply for rewards as newly settled enterprises.

(4) Office Space Subsidy. Newly settled headquarters enterprises that have passed certification or re-evaluation and lease office space may receive an annual subsidy of up to 50% of the lease contract amount for self-used office space, with a maximum annual subsidy of 2 million yuan. The office space may not be subleased, transferred, or sold, nor may its use be altered.

(5) Tax Incentives for Senior Executives. Middle-level and senior managers of headquarters enterprises may apply for the “Zhuhai Talent Plan” Industrial Development and Innovation Talent Award. Rewards will be granted based on the local contribution derived from annual wages, salaries, equity income, and other personal income, with no upper limit on the award amount. Specific policy measures shall be implemented in accordance with the “Zhuhai Municipal Industrial Development and Innovation Talent Reward Measures.”

(6) Land Use Support. Eligible headquarters enterprises may construct headquarters office buildings independently or in partnership with others; the scale of such buildings should be commensurate with the local contributions made by the headquarters enterprise. For headquarters enterprises establishing production bases in our city that meet the relevant criteria of Hengqin New Area, priority will be given in the allocation of headquarters land in Hengqin New Area. Headquarters buildings are primarily for self-use, though a portion may be leased or transferred, subject to the specific approval documents (certificates) issued by municipal planning and land authorities, as well as the land grant contract.

(7) Talent Support. Preferential policies regarding housing, living expenses, household registration, and medical care for talent employed by headquarters enterprises shall be implemented in accordance with the “Zhuhai Talent Plan” and other relevant policies. Children of senior management personnel at headquarters enterprises who apply to attend compulsory education schools in our city shall be coordinated by the education department of the enterprise’s location for enrollment in public schools in accordance with the current year’s enrollment policies.

(8) Support for Commercial Building Tenant Recruitment. Commercial building operators are encouraged to attract enterprises from outside the city. If the total local fiscal contribution of new enterprises introduced by a commercial building operator in a given year exceeds 10 million yuan, the operator will be awarded a bonus of up to 30% of the total contribution, with a maximum bonus of 5 million yuan.