Chapter IX Fiscal and tax support

Article 38 (International business tax policy)

Lin-gang Special Area will expand the scope of application of value-added tax policies for service exports, and studied tax policies suitable for overseas investment and offshore business development. Lin-gang Special Area will explore tax policy arrangements for pilot free trade accounts without causing tax base erosion and profit transfers.

Article 39 (Tax Support for Key Industries and Talents)

Enterprises in Lin-gang Special Area that meet the requirements and are engaged in the production, research and development of core projects in key fields such as IC, AI, biomedicine and civil aviation will be given support on enterprise income tax according to the relevant provisions. Support on individual income tax policies for overseas talents will be studied and implemented.

Article 40 (Support of special funds)

Shanghai will set up special development funds for Lin-gang Special Area to develop overall plans in the areas of industrial support, innovation and entrepreneurship support, talent introduction and training, infrastructure and public facilities construction, etc.

Lin-gang Special Area will drive social capital to invest in major industrial projects, start-up enterprises and other fields by means such as setting up strategic investment platforms for emerging industries and innovating equity investment.