Government Incentives for Tech SMEs in Beijing

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BUSINESS OPERATIONS INCENTIVE

1. High-Tech Enterprise Accelerator

Department in-charge: Beijing Municipal Science & Technology Commission

Lead Time: 4-12 months

Details of Incentive: The High-tech Enterprise Accelerator provides up to RMB1,000,000 for high-tech logistics companies.

Conditions for Application: Companies need to be incorporated in the districts of Shunyi, Fangshan, Huairou, Miyun, Mentougou, Pingu, Yanqing. Companies need to be at incorporated for at least 1 year, earning no more than RMB50 million in sales revenue in the previous financial year and expenditure on R&D to be no less than 3% of sales revenue in the same period (recent 3 years).
Guided by the Administration of:
《高新技术企业认定管理办法》(国科发火〔2016〕32号)、《高新技术企业认定管理工作指引》(国科发火〔2016〕195号)

2. National High-Tech Enterprise

Department in-charge: Ministry of Science and Technology, Beijing Municipal Science & Technology Commission

Lead Time: 4-10 months

Details of Incentive: Companies will receive accreditation as a National High-Tech Enterprise and are subject to 15% corporate income tax (instead of 25% prior to accreditation).

Conditions for Application: Companies need to be incorporated for at least 1 year (365 days), earning more than 0 in sales revenue in the previous financial year and possess a core technology intellectual property right (e.g. patent, software copyright), and expenditure on R&D to be no less than 5% of sales revenue in the same period (recent 3 years).
Guided by the Administration of:
《高新技术企业认定管理办法》(国科发火〔2016〕32号)、《高新技术企业认定管理工作指引》(国科发火〔2016〕195号)

3. Beijing City Innovative Technology and Product

Department in-charge: Beijing Municipal Science & Technology Commission

Lead Time: 5-6 months

Details of Incentive: Companies will receive accreditation and plaque and be included in the Government’s Procurement Directory. Companies in Fangshan district will receive RMB20,000 per new technology/product, companies in Yanqing district will receive RMB100,000 per new technology/product.

Conditions for Application: Submitted technology and/or product needs to be advanced and innovative with its independent intellectual property, and must have generated proven sales revenue.
Guided by the Administration of:
《北京市新技术新产品(服务)认定管理办法》(京科发〔2014〕622号)

4. Beijing Outstanding Innovation Initiative

Department in-charge: Beijing Bureau of Human Resources and Social Security

Lead Time: 4-5 months

Details of Incentive: The Beijing Outstanding Innovation Initiative will award up to RMB150,000 based on level of innovation, development potential, management capabilities, technological capabilities and benefits to the society.

Conditions for Application: Companies need to be incorporated for less than 3 years and should be within an incubation zone. Companies should possess the employment capacity of 5 or more employees (payment proof of social insurance required); aligned with the economic and industrial development plans of the capital city; normal operations; good development potential and benefits to the society; possess independent intellectual property rights to the technology and product without disputes.

5. Tech SMEs Investment Funding

Department in-charge: Zhong Guan Cun District Committee, Beijing Municipal Science & Technology Commission, Beijing Municipal Bureau of Finance

Details of Incentive: To provide no more than RMB500,000 for tech SMEs’ Seed Round, as long as total funding received by company does not exceed RMB1,500,000. To provide no more than RMB1,000,000 for tech SMEs’ past Seed Round, as long as total funding received by company does not exceed RMB2,000,000.

Conditions for Application: Companies need to be incorporated in the Zhong Guan Cun Technology Hub already awarded with venture capital and requires further funding.

INTELLECTUAL PROPERTY INCENTIVES

1. Beijing Patents Subsidy

Department in-charge: Beijing Municipal Intellectual Property office

Lead Time: 3 months

Details of Incentive: To provide subsidy for applications of patents and annual patent fees.

Conditions for Application: Patents need to be registered or filed in Beijing. Applicant needs to be a citizen of Beijing or possess a Beijing work permit. If patent involves multiple owners, the subsidy will only be provided to one person.
Guided by the Administration of:
《北京市专利资助金管理办法》(京知局〔2014〕178号) 、《北京市专利资助金管理办法实施细则》(京知局〔2017〕351号)

2. Beijing Intellectual Property Pilot Model

Department in-charge: Beijing Municipal Intellectual Property office

Lead Time: 3-4 months

Conditions for Application: Companies’ implementation rate of patent in the past 3 years needs to be no less than 40%. The total amount of tertiary institutions & research organisation intellectual property rights transfer, license contracts, pricing contracts to be no less than RMB1,000,000.

Guided by the Administration of: 北京市知识产权试点示范单位认定与管理办法》(京知局〔2017〕346号

HUMAN RESOURCE INCENTIVES

1. Overseas Outstanding Talent

Department in-charge: Beijing Overseas Talent Centre

Lead Time: 7 months

Details of Incentive: To provide up to RMB1,000,000 per individual in a company.

Conditions for Application: Applicants need to possess an overseas education qualification, with less than 6 years of residency in China after completion of said education. Companies need to be incorporated for at least 1 year, but lesser than 5 years. Applicants need to be the main founder and the largest shareholder of the company, with no less than 30% of shares of the company; applicants should possess international leading independent intellectual property rights with industrial development potential; applicants should possess overseas entrepreneurial experience or have prior experience in well-known MNCs with strong management capabilities.
Guided by the Administration of: :
《关于实施北京海外人才聚集工程的意见》

2. Beijing Tech Star Award

Department in-charge: Beijing Municipal Science & Technology Commission

Lead Time: 8 months

Details of Incentive: To provide financial support for tech research initiatives by youth.

Conditions for Application: Applicants need to be below 35 years old, key personnel working in high-end technological industries. Applicants who possess an international vision and cultural sensitivity, fluency in a second language, experience in scholarly exchange, international cooperation will be preferred.
Guided by the Administration of:
《北京市科技新星计划管理办法》(京科发〔2017〕65号)

3. Capital City Tech Leader Project

Department in-charge: Beijing Municipal Science & Technology Commission

Lead Time: 3-4 months

Details of Incentive: To provide up to RMB600,000 for tech start-up leaders

Conditions for Application: Applicants need to be below 50 years old, and needs to be either Chairman, General Manager, CEO of the company. For companies younger than 5 years, they should earn no less than RMB4,000,000 in total revenue in the previous financial year; for companies older than 5 years, they should earn no less than RMB4,000,000 in net profit in the previous 2 consecutive financial years combined.
Guided by the Administration of:
《首都科技领军人才培养工程实施管理办法》京科发〔2017〕64号

4. Thousand Talents Plan

Department in-charge: Central Government of China, Ministry of Science and Technology, Beijing Bureau of Human Resources and Social Security

Lead Time: 5 months

Details of Incentive: To provide up to RMB1,000,000 per Talent

Conditions for Application: Applicants need to be below 55 years old, with an overseas education qualification (PhD and above preferred), with less than 6 years of residency in China after completion of said education. Their companies should be older than 2 years old but lesser than 5 years. Applicants need to be the main founder and the largest shareholder of the company, and possess internationally leading technology, or able to fulfil a gap domestically with huge industrial development potential.
Guided by the Administration of:
《国家海外高层次人才引进计划管理办法》《国家高层次人才特殊支持计划管理办法》

5. The Phoenix Project

Department in-charge: Chaoyang Overseas Talent Center

Lead Time:

Details of Incentive: To provide up to RMB800,000 per overseas talent

Conditions for Application:  Applicants need to be below 55 years old, with a Masters qualification and above. Their companies need to be incorporated and taxed in the district of Chaoyang. Paid up capital of their companies should be no less than RMB500,000. Applicants need to be the main founder and the largest shareholder of the company, with no less than 30% of shares of the company.
Guided by the Administration of:
《朝阳区关于大力推进海外学人工作的实施意见》(京朝办发[2009]34号)、《朝阳区鼓励海外高层次人才创业和工作暂行办法》、《朝阳区优秀海外人才引进资助暂行办法》(朝政发[2013]14号)