Speed up the construction of a research and development center cluster area in the Qianhai area of Shenzhen, and impose a 15% corporate income tax on qualified research and development centers.

Recently, Qianhai issued "Several Measures of Qianhai-Shenzhen-Hong Kong Modern Service Industry Cooperation Zone Management Bureau to Support the Development of Research and Development Centers". Through measures such as supporting the cluster development of research and development centers and increasing research and development space supply, it will help high-level research and development centers to cluster and develop in Qianhai. This is also the first special policy in our city to support research and development centers since Guangdong Province issued the "Implementation Measures for Supporting the Establishment of Foreign-funded Research and Development Centers" in July this year. The "Several Measures" support the aggregation and development of research and development centers, increase research and development space supply, implement tax incentives, and provide support in research and development expenses, technological breakthroughs, collaboration between industry, academia and research, open innovation, creation and protection of intellectual property rights services, etc., integrating and utilizing national and global innovation resources more effectively, strengthening key common technologies, leading-edge technologies, modern engineering technologies, and disruptive technological innovation, cultivating a group of globally competitive research and development innovation platforms, and helping Qianhai accelerate the establishment of a gathering area for research and development centers of the world's top 500 and China's top 500 companies. For eligible research and development centers, the "Several Measures" will impose a corporate income tax at a reduced rate of 15%, provide a one-time research and development preparation fund of up to 2 million yuan, and additional support of up to 6 million yuan for multinational enterprise global research and development centers. The research and development preparation fund will be paid in proportions of 40%, 30%, and 30% over 3 years.