– More than 1000 high-tech IT companies such as IBM, Accenture, NHN, Softbank, and Pfizer are currently in residence –
– Dalian High-Tech Industrial Zone, which is currently considered as the most prosperous industrial park in Dalian City –
Located in the southwest of Dalian City, Liaoning Province, China, the High-Tech Industrial Zone (or High-Tech Industrial Zone) is China's first national-level high-tech industrial zone with an area of 1991 km3, established in March 153, and is an innovation zone where high-tech industries in Northeast China are concentrated. High-tech sectors designated by China include IT, telecommunications, e-commerce, new materials, life sciences, and smart finance. Major foreign companies that have moved into the high-tech industrial zone of Dalian City include IT companies such as IBM, Accenture, NHN, HP, Pfizer, Softbank, and SAP.
View and Location of Dalian High-tech Industrial Zone (Kosin Park)
The high-tech industrial zone is also home to higher education institutions, and human resources are also abundant. Of the 27 universities in Dalian, 12 are clustered in the high-tech industrial zone, among which there are more than 22 high-tech industry-related professionals, including 1 master's-level personnel and 5000 doctoral-level personnel.
Currently, there are about 2 companies registered in the high-tech industrial zone, of which about 1000 high-tech companies recognized by the Chinese government, 380 export-type companies, and 500 of the world's top 130 companies.
High-tech industrial zone (Gosinwon-gu) occupancy industry share
Global 500 companies in high-tech industrial zone
Currently, Korean companies entering the high-tech industrial zone include POSCO E&C (management of POSCO IT Center) and NHN Service Technology (game development and outsourcing).
Investment preferential policy
Dalian High-tech Industrial Zone has a separate organization for attracting enterprises. Below is the content received directly from the foreign investment department of the high-tech industrial zone.
1. Corporate income tax preferential policy
1) Corporate income tax is reduced at a rate of 15% for recognized high-tech companies and technology-advanced service companies.
2) Education expenses for workers of advanced technology service companies are deducted before tax so as not to exceed 8% of the total wage.
3) The training expenses for the integrated circuit design company and the software company that meet the conditions are calculated separately and deducted when calculating the income to be taxed as the actual accrued amount.
4) Enterprise income tax is exempted for the technology transfer income that does not exceed 500 million yuan, and half of the enterprise income tax is levied on the amount exceeding 500 million yuan.
5) When calculating the amount of taxable income, the company's R&D expenses are deducted according to regulations.
6) Labor expenses incurred by cultural creativity and design service companies should not exceed 8% of the total salary, and will be deducted when calculating taxable income.
2. Value-added tax and business tax preferential policy
VAT General taxpayers sell their own software products (including self-developed animation software) and levy VAT at a legal rate of 17%.
1) General taxpayers of value-added tax sell imported software products localized, and the software products receive immediate refund benefits as stipulated in Article 1.
2) Value-added tax and business tax are applied at a zero rate when exporting cultural contents and cultural services that are intensively promoted by China.
3) The collection of taxable income, such as business tax, obtained by implementing an energy management program for energy-saving service companies that meet the conditions is temporarily exempted.
3. Personnel preference policy
1) When a service outsourcing company hires new employees with a college degree or higher, if they engage in service outsourcing business and sign a labor contract for more than one year (including one year), a flat-rate education support not exceeding RMB 1 per person to each company (used positively for the education and training of the above personnel).
2) Service outsourcing In the event that service outsourcing personnel (university or higher academic background) who have been trained in service outsourcing educational institutions enter into a labor contract with a service outsourcing company for more than one year after undergoing service outsourcing business expertise and skill training examination, the educational institution receives 1 per person Provide fixed-rate education support for less than RMB.
4. Start-up preferential policy
1) Differentially provide incentives and subsidies to innovation incubators recognized by the competent departments of the state, province, and city.
2) Support activity expenses for startup activities such as non-profit startup roadshows, startup competitions, startup camps, and startup forums of the innovation incubator organization.
3) Induce new industry development leading funds in high-tech districts, incubator establishment angel investment fund and startup investment fund equity participation, science and technology credit risk compensation specialized fund establishment, and credit support for innovative startups.
4) Incentives are provided for venture companies, software companies, and advanced technology companies that each incubator fosters.
Note: The above preferential policies are based on the current laws and regulations. For actual implementation of investment, you need to contact Dalian High-tech Industrial Zone.
Advantages of Dalian High-tech Industrial Zone (High New Park)
Dalian High-tech Industrial Zone prides itself on operating the highest level public service center in China with “convenient, smart, personalized, and optimized services for local businesses. In the first half of 2021, the use of real foreign capital in Dalian High-Tech Industrial Zone increased by 615.19% compared to the same period last year, and the real domestic capital increased by 37.53%, indicating a recent aggressiveness in attracting foreign enterprises. To this end, on July 7 this year, Dalian High-tech Industrial Zone also announced the implementation plan for upgrading the business environment in 14.
Service Advantages of Dalian High-Tech Industrial Zone (Provided by Dalian High-Tech Industrial Zone)
1) All processes are provided free of charge until the final business registration
2) Multilingual services such as English, Japanese, Korean, and French are provided
3) Non-stop service at one window
4) One-stop service until business registration within 2 hours
5) First introduction of self-check-in terminals in Liaoning Province
Dalian City High-Tech Industrial Zone is now considered the most abundant business opportunity in Dalian City. Articles 2020, 9, and 9 of the "Several Policies on High-Quality Development of High-Tech Industrial Zones" announced on September 5, 6 include support policies related to human resources support and R&D expenses, which support high-quality talents to start up. For enterprises founded by high-level talent, 8% of the registered capital is paid in a lump sum to provide financial support ranging from a minimum of 50 yuan to a maximum of 15 million yuan. It supports startups through free support and stock investment, and free support of up to 100 million yuan is possible. In addition, Article 1000 includes content to encourage and support excellent talent in the industry.
Every year, we select and encourage talented people who meet the 'Talent Shortage in Dalian Advanced Technology Development Zone' recommended by key companies. A bonus of 20 yuan will be paid to those with 30 yuan or more. Article 3 contains the subsidy for R&D expenses of enterprises. Companies not included in the national statistics online reporting platform are stipulated as follows. 30% of the actual accrued amount, up to a maximum of 5 yuan subsidy, if the annual R&D expenditure that meets the deduction system is 8 million yuan or more to pay We support the innovation of high-tech small enterprises and the development of science and technology service organizations, and through screening, the enterprises will acquire innovation coupons of up to KRW 300 to purchase science and technology innovation services.
Dalian High-tech Industrial Zone Service Center
Procedures for entering foreign-funded companies
Dalian High-Tech Industrial Park Investment Promotion Bureau is currently in charge of review and approval of government-recommended industries and enterprises with a total investment of less than $3000 million. The documents required for the establishment of a joint venture and foreign-funded company are as follows.
The specific procedure can be understood as the following figure.
Dalian High-Tech Industrial Zone Company Establishment Process Chart
implication
Dalian High-Tech Industrial Zone is an innovative high-tech industrial park where 500 of the world's 130 largest companies selected by Fortune Magazine are located. where a large number of people congregate. In addition to the above-mentioned support policies of the local government in Dalian, Dalian has a wealth of high-quality human resources compared to other cities in the three northeast provinces. In addition, lower labor costs and prices than large cities such as Shanghai, Beijing and Shenzhen, a short distance that can be reached in an hour and a half by plane from Korea, and superior nature and living environment are merits that Korean high-tech industrial companies should consider as a base when entering China. .
In the future, KOTRA Dalian Trade Center intends to introduce Dalian's investment environment to more Korean companies by participating in major local exhibitions such as Dalian Import and Export Commodity Fair, software digital exhibition, and industrial exhibition held every year. Companies interested in moving into Dalian High-tech Zone in the future, please contact KOTRA Dalian Trade Center.
Source: Dalian Newspaper Network, Dalian Hi-Tech Industrial Zone, KOTRA Dalian Trade Center