Which GZ district do bosses prefer to open their companies?

/ Yuexiu District/

Tax incentives: 

Foreign-funded enterprises are entitled to exemption from enterprise income tax for two years starting from the tax year in which they obtain their first business income, and are entitled to a 50 per cent reduction in enterprise income tax for the following three years.

Market Purchase and Trade Clusters:

Yuexiu District has market purchase and trade clusters such as Guangzhou Meibo City, which provides a good trade platform for foreign enterprises.

The core of the millennium business capital: 

Yuexiu District has a long history of commerce and trade and is one of the commercial centres of Guangzhou, providing a good business atmosphere for foreign companies.

/ Tianhe District/

Tax incentives: 

Foreign-invested productive enterprises with an operating period of 10 years or more can enjoy the preferential policy of exemption from income tax for the first two years and a 50% reduction for the next three years.

Convenient business environment:

Tianhe District has an excellent geographical location, convenient traffic and a strong business atmosphere, which makes it easy for enterprises to carry out business co-operation and exchanges.

Abundant Talent Resources: 

Tianhe District has a large number of colleges and universities and scientific research institutes, providing enterprises with sufficient talent resources.

Perfect infrastructure: 

Tianhe District has invested heavily in infrastructure development, with advanced communication network and perfect municipal facilities.

/ Huangpu District/

Quality government-bank-enterprise co-operation mechanism: 

Huangpu District provides a quality government-bank-enterprise co-operation mechanism to provide foreign enterprises with fast approval and green channel services through co-operation with banks and Knowledge City Investment and Development Corporation. This efficient service system ensures that foreign-funded enterprises can quickly complete the registration process, greatly reducing the time for business establishment.

Comprehensive policy support and services: 

Huangpu District provides foreign investors with comprehensive policy support and services, including policy advocacy, investment counselling, commercial registration services and other ‘one-stop’ services. This comprehensive service ensures the smooth operation and development of foreign enterprises in Huangpu District.

Living environment: 

Huangpu District is committed to providing a favourable living and working environment for young people from Hong Kong and Macau, as well as other expatriates. This includes the provision of a rent subsidy of ‘two exemptions and one half reduction’, as well as a living allowance of RMB 1,500 per month for a period of three years, which helps to alleviate the pressure on expatriate entrepreneurs and enable them to focus more on the operation and development of their businesses.

/ Haizhu District/

Tax incentives:

Foreign companies registered in Haizhu District can enjoy tax incentives, including two exemptions and three halves of enterprise income tax concessions, i.e., enterprises can be exempted from enterprise income tax for the first two years after they start making profits, and halves of the tax for the following three years. In addition, if the enterprise is an export-oriented enterprise and its annual exports account for more than 70 per cent of its total sales, it can also enjoy an additional half reduction in enterprise income tax.

Market Potential:

China, as the world's most populous country, has a huge consumer market. As a major business district in Guangzhou, Haizhu District is close to the economic, cultural and technological centre of the city, providing a wide range of market space and business opportunities for foreign companies.

Cost Advantage:

As a major business district in China, Haizhu District has abundant human resources and relatively low labour costs. This helps foreign companies to reduce labour costs and improve market competitiveness.

/ Panyu District/

Superior geographical location:

Panyu District is located in the heart of the Pearl River Delta, with convenient sea, land and air transport networks. This allows foreign companies to easily ship their products to Asian and global markets, as well as facilitating access to domestic and international customers and the sourcing of raw materials.

Strong manufacturing base:

Panyu District is one of the most important bases of China's traditional manufacturing industry, with a well-established industrial chain and mature production environment. It is home to a large number of foreign-funded enterprises in the electronics, jewellery and textile industries, creating a strong industrial agglomeration effect.

/ Nansha District/

Superior geographic location: 

Nansha District is located at the mouth of the Pearl River, close to Hong Kong and Macao, and is an important node of the Maritime Silk Road. This geographical location makes Nansha a bridge between China and the world, facilitating fast access of goods to major ports at home and abroad, as well as facilitating enterprises to take advantage of the international financial, trade and shipping resources of Hong Kong and Macao to expand the global market.

Abundant policy dividends:

Nansha FTZ, as a national new zone and a pilot free trade zone, enjoys a number of national-level policy benefits. Including tax relief, foreign exchange management facilitation, customs clearance efficiency enhancement, etc. These policies greatly reduce the operating costs of enterprises and improve capital liquidity and market competitiveness.

/ Baiyun District/

Financial Support:

Foreign-funded enterprises can receive financial support if their paid-in foreign capital in Baiyun District reaches a certain amount. For example, foreign-funded enterprises with paid-in foreign capital of $30 million or more can receive a one-time support fund of up to 5 million RMB at a rate of 1.4% of the paid-in foreign capital.

Office Operation Support:

Enterprises that meet the conditions of specific industries, such as industry, construction, and modern services, can receive office operation support at a rate of 5 per cent of their previous year's output value or business revenue. This policy can be granted for up to three consecutive years.

Executive team support:

For enterprises that meet the conditions, they can receive financial support for their executive team according to 3% of their previous year's output value or business revenue, up to 30% of the enterprise's previous year's economic contribution to Baiyun District, up to a maximum of 1 million yuan per year.