Incentives For Income Tax

◆100% incentives for personal income tax from 'Wage and Salary'

For the shareholders, executives and core employees in the newly registered or established enterprises involved in the two specific encourage industries whose annual salaries exceed 300,000 yuan (including 300,000 yuan), and who have paid personal income tax in Beihai for more than one year. A special financial fund would be set up to subsidize, and the amount would be equal to 100% of retained portion of the local government finance of the personal income tax from 'Wage and Salary' that actually paid in the previous year(natural year).

◆80% incentives for the local retained portion of personal income tax

from interest, dividends and bonuses

For the shareholders, executives and core employees in the newly registered or established enterprises that involved in the 'Modern Financial Service Industry', incentives would be given to those who allocate 'interests, dividends and bonuses' in accordance with laws and regulations. The amount would be calculated by 80% incentives for the local retained portion of personal income tax from 'interest, dividends and bonuses'.

◆70%incentives for the local retained portion of personal income tax from the listed enterprises with Share Incentive Plan

Incentives would be given to the executives and core employees of the listed enterprises and backup listed enterprises registered in Beihai who reduce or withdraw their shares and implement the Share Incentive Plan in accordance with laws and regulations. The amount would be calculated by 70% incentives for the local retained portion of personal income tax by reducing or withdrawing the trade and implementing the Share Incentive Plan.

◆Support like registered permanent residence, employment of spouse,

enrollment of children, medical service, etc.

The senior executives and core employees of the newly registered or established modern financial service/high-end service enterprises in Beihai, whose annual salaries exceed 300,000 yuan(including 300,000 yuan), and who have paid taxes in Beihai for more than one year, can be registered directly as permanent residence in Beihai. , and their spouses and children can be transferred and settled in Beihai.

For high-end talents whose annual salaries exceed 500,000 yuan (including 500,000 yuan), in addition to the above subsidy for high-end talents, their spouses' employment would be given priority by or recommended to relevant departments of Beihai, and their children's enrollment would be given priority by educational administrative departments to the compulsory education schools they have applied for according to their personal wishes.

In addition to the above subsidy for high-end talents, those who with an annual salary of more than 1 million yuan (including 1 million yuan) could enjoy preferential 'green channel' diagnosis and treatment services, such as special guidance, appointed diagnosis and treatment, expert consultation, advanced ward, health care service, etc.

◆Preferential housing purchase

The senior executives and core employees of the newly registered or established modern enterprises in Beihai, whose annual salaries exceed 300,000 yuan, and who have paid taxes in Beihai for consecutive 36 months, can choose any type of house and enjoy preferential support if they purchase houses in the 'Talent Garden' built by the Beihai government or its subordinating ones and license should be strongly supported.

◆ The criteria of support: if one purchase the house at 70% of the market price, he or she can have a discount for one time according to the actual area.

Those who earn 0.3 to 0.5 thousand yuan (including 0.3 thousand yuan) a year can have a discount for 120 square meters (including 120 square meters), the exceeding part will be charged according to the market price.

Those who earn 0.5 to 1 million yuan (including 0.5 million yuan) a year can have discount for 150 square meters (including 150 square meters, the exceeding part will be charged according to the market price.

Those who earn more than 1 million yuan (including 1 million yuan) a year can have a discount for 180 square meters (including 180 square meters), the exceeding part will be charged according to the market price.