Nanjing Software Park has been approved by Jiangsu Provincial
Government and Nanjing Municipal Government to be set up in
Nanjing New & High Technology Industry Development Zone and
approved by the state Ministry of Science and Technology to
be the "Torch Plan" software industrial base. In order to support
the development of the tenant software R&D as well as productive
enterprises, the following preferential policies have been especially
made.
The enterprises in the park, according to their paid income
tax, will be refunded 100% in the first five years and 50% in
the follow-on five years of the retained portion in Nanjing
Hi-Tech Zone.
The enterprises in the park, according to their paid VAT or
sales taxes, will be refunded 100% in the first two years and
50% from the third to the fifth years of the retained portion
in Nanjing Hi-Tech Zone. The enterprises in the park renting
the software incubation center's office buildings, with its
rent period over five years, can be exempted the rent in the
first two years and 50% rent in the third year.
The Administrative Committee of Nanjing Hi-Tech Zone establishes
special development fund and venture capitals that can be used
in many ways, such as investment and underwriting to support
the enterprises in the park.
The enterprises in the park which are in conformity with the
relevant state, provincial and municipal rules, can enjoy the
supportive policies on the software industry simultaneously;
the enterprises in the park which are granted the tittles of
NEW & HI- TECH ENTERPRISES can also enjoy the same preferential
policies on the new and hi-tech enterprises.