Preferential policies for settling in Fengxian District

Fengxian District strongly supports key industries such as smart EV, new energy, new materials, and AI, the Government supports the development of R&D, design, technology transfer, entrepreneurship incubation, sci-tech consulting and other services.

Settled enterprises can enjoy various incentive subsidies.

Financial Incentives and Tax Benefits

Corporate Income Tax Reduction

Eligible companies can enjoy a reduced corporate income tax rate of 15% (vs 25%), significantly lower than the standard rate

R&D Expense Deductions

Research and development expenses can be deducted at 1.5 times the actual amount from taxable income, encouraging innovation investment

High-Tech Enterprise Recognition

High-tech enterprises can apply for additional tax benefits, including favorable treatment of income sourced from overseas.