1. For Ordinary Enterprises:

For newly established enterprises registered in Hongkou District, in the aspect of company income tax, based on the sum the district government actually gets, the government will give enterprises full sum subsidies for the first three years and 50% subsidies for the next two years. In the aspect of business tax and value added tax, according to the sum the district government actually gets, the government will grant subsidies from 15% to 35% respectively.

2. For Shipping Service Enterprises:

For newly established shipping service enterprises registered in Hongkou District, in the aspect of company income tax, based on the sum the district government actually gets, the government will give enterprises full sum subsidies for the first three years and 50% subsidies for the next two years. In the aspect of business tax and value added tax, according to the exceeded sum than the year before, the government will grant subsidies from 45% to 55% respectively.

3. Knowledge Service Enterprises

For newly established knowledge service enterprises registered in Hongkou District, in the aspect of company income tax, based on the sum the district government actually gets, the government will give enterprises full sum subsidies for the first three years. In the aspect of business tax, according to the exceeded sum than the year before, the government will grant subsidies from 45% to 55% respectively.

l Representative Foreign Invested Companies
The economic development of Hongkou District has attracted many foreign companies to invest in Hongkou, including ACE Group from Japan, Ganso Food from Taiwan and some international shipping and logistics giants such as UTI, BAX (GLOBAL), P&O NEDLLOYD and so on. Among them, Hongkou District has earned several Firsts in Shanghai’s foreign investment field:

Ø         The 1st Foreign Invested Hospital in Shanghai:

Shanghai Pacific Dental Hospital

Ø         The 1st Foreign Invested Travel Agency in Shanghai:

Star Cruise Travel Agency (Shanghai) Co., Ltd.

Ø         The 1st Sino-foreign Cooperative Educational Training School in Shanghai:

Alliance Française de Shanghai

Ø         The 1st Sino-foreign Cooperative Third-party Cold Logistics Company in Shanghai:

Shanghai Xintiantian Dazhong Cold Logistics Co., Ltd.

Ø         The 1st Hong Kong Invested Commercial Retailing Company under the Framework of CEPA in Shanghai:

New World Department Store (China) Co., Ltd.