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Ⅲ.Exemplary Zone
Changsha National High-tech Industrial Development Zone (simplified as Changsha High-tech Zone) lies at Mt. Yuelu Scenic Zone. It was founded in October 1988. In March 1991, it was approved as one of the first group of national high-tech zone. Presently there are over 800 high-tech enterprises, and Changsha High-tech Zone has been appraised as national advanced high-tech zone five times in a row.
In 2008, High-tech zone was approved to be Changsha service outsourcing base city model zone.
Changsha National High-tech Industrial Development Zone

Major Preferential Policies(Excerpt)

 

1.the Corporate Income Tax rate for advanced and new technology enterprises recognized by the relevant government authority is reduced to 15 percent
2.the finance department of the Zone committee has set up a special fund (USD 28.2 million) for industry development to support the development of key industries, featured industries, and technological innovation projects
3.manufacturing enterprises in the electronics, equipment and advanced material industries with one-time fixed asset investment of USD 70.4 million or more, can assess a separate industry support fund. The amount of funding will be 10 percent or more of the fixed asset investment, considering the contribution of the projects to taxation in CHTIDZ
4.headquarters and regional headquarters that do not set up a manufacturing base, can receive a cash grant within three years of starting operations. The amount will be 10 percent to 40 percent of the tax collected by the CHTIDZ from the enterprises
5.“ Fortune 500” or Chinese top 100 enterprises who conduct research or production in industries such as IT / communication, equipment manufacturing and advanced materials, or set up headquarters or regional headquarters in CHTIDZ, will be given a one-off industry support grant. The amount of the grant will be USD 70,500 to 141,000 considering brand reputation, investment scale and production volume
6.50% of the actually collected tax by the district government from the individual income tax paid by the senior executives in the enterprises and enterprise headquarters and regional headquarters mentioned in article 3,4,5 will be rewarded to the tax payer within 3 years since the date of paying tax. In case they buy apartment for the first time at Lugu, a reward equaling 50% of the tax actually collected by high-tech zone government from the personal income tax paid in the 3 years before the purchase will be given to the apartment buyer. The reward shouldn’t exceed 80% of the price of apartment.
7.to small-medium sized enterprises of science and technology, according to the amount of new taxation on enterprises, the finance department of CHTIDZ will provide a loan interest payment support of no more than 40 percent of the loan interest from the bank. However, the total discount rate gained by one enterprise from all levels of government cannot exceed the loan rate
8.the zone will wave administration fees for enterprises that do not pay any levies other than tax
9.Changsha Customs offers efficient customs clearance measures in accordance with relevant regulations and policies such as pre-arrival declaration and on-the-spot examination to those enterprises within the Zone
Contact person:Li Ping
Tel:13787261000

Website:www.cshtz.gov.cn
 
 

Changsha Software Park (hereinafter “Park”), established in 1998, is adjacent to Hunan Yuelu Mountain Landscape Zone and Yuelu Mountain University City, and is important state-class software industrial base supported by the state. Changsha Software Park is adjacent to a science-tech and education force cluster area of China, in which National University of Defense Technology and Hunan University promote multi-form cooperation with enterprises in the Park. The enterprises in the Park are leading in the fields net platform software, inserted application, animation and cartoon, mobile e-business, service outsourcing in China. The Park has more than 700 enterprises in software and service outsourcing industries, 6 academicians in electronic and information subject, more than 2000 talents in computer science, more than 30,000 technicians in software industry.
Powerful decision and management mechanism: the Park exercises a decision mechanism by expert committee, which consists of management, technical and economic experts, is responsible for deciding development strategies and rules, governing technical innovation system and industrial development objective, and making decisions on investment and other important affairs. General Office and Development Center of the Park are responsible for comprehensive coordination, service and management of the Park.
Perfect technical support platform: the Park has invested and constructed basic network platform, software application development platform, quality control and software test platform, IT education and training platform, technical promotion platform for excellent software, shared resource database platform, digital park platform, comprehensive service platform, and training base for Hunan Software Engineering Project.
Consummated investment and financing system: the Park has an investment and financing system of appropriation of government, loan from bank, overseas investment introduction, self-raising fund by enterprises, collection from society, raising fund from stock market and risk investment.
Besides preferential policies of the state, the Park designs a series of financial and tax policies, talent policies, and investment and financing policies, and exercises enclosed and free management, and the enterprises in the Park only pay their due taxes and are free of administrative fees.
Contact person: Liu Hanyou

Tel: 13973139000
Changsha Software Park
 
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