Shanghai Municipality, Several Measures to Support Regional Headquarters of Multinational Corporations in Upgrading Their Capabilities

top cover

Promulgated: February 17, 2025
Effective: March 1, 2025 – February 28, 2030


Main contents: China regional headquarters that are upgraded to Asia-Pacific regional headquarters and that are endowed with at least two functions shall be awarded a one-time high capability incentive of RMB 3 million. Where recognition as the global headquarters of a business division is accorded, a capability enhancement incentive of RMB 10 million shall be awarded. Where a research and development, innovation or treasury management function is added to a headquarters, a one-time function incentive of RMB 3 million shall be awarded after an assessment as such is determined. Where recognition as an open innovation platform is accorded, a one-time innovative platform incentive of RMB 3 million shall be awarded. Headquarters are encouraged to hold global senior executive meetings, international training and other such high-profile business activities in Shanghai, for which they shall be awarded financial incentives based on type (Section Two (1)).

Headquarters with research and development functions shall be supported in applying for recognition as high-tech enterprises or technologically advanced service enterprises, and shall be eligible for such preferential policies as levy of enterprise income tax at the reduced rate of 15% (Section Two(2)).