What are the policy benefits of being a foreign-funded Research and Development center?
The foreign talent invited by the foreign-funded Research and Development
center who needs to temporarily enter China several times to attend specific activities may apply
for a multiple-entry visa with the validity of less than 5 years, and the stay duration of less than
180 days;
The foreign talent invited or employed by the foreign-funded Research and
Development center may, in case of no Chinese visa, apply for a port visa for entry as per the
relevant regulations;
Some entry goods may enjoy convenience like fast customs clearance and
duty-free release.
The foreign-funded Research and Development center registered in the specific
area of Zhongguancun may enjoy favorable income tax of technology transfer as per the relevant
regulations. The amount not exceeding CNY 20 million within a tax year is exempted from the
enterprise income tax; while the portion exceeding CNY 20 million, its enterprise income tax will be
halved.
For the foreign-funded Research and Development center eligible for tax
exemption, its science research, technology development and teaching supplies that cannot be
produced in China or whose performance cannot meet the demand will be exempted from import duties
and import value-added tax and consumption tax; for the foreign-funded Research and Development
center eligible for tax refund, the value-added tax of the purchased domestically-made equipment
will be fully refunded.
What are the accreditation criteria of a foreign-funded Research and Development center?
Foreign-funded Research and Development centers include two types: Research and Development innovation center
and open innovation platforms. Its Research and Development contents include basic research, product application
research, high-tech research and public welfare research, which should comply with the relevant national and
municipal regulations.
A Research and Development innovation center
- First, it must have explicit Research and Development discipline, Research and Development plan and specific Research and Development project, fixed Research and Development premises, required instruments and equipment, and other Research and Development conditions, as well as ongoing Research and Development activities;
- Second, it must undertake a global Research and Development project under the authorization of its parent company, or undertake global Research and Development projects in Asia, China or Beijing. The Research and Development innovation center and the foreign-funded Research and Development headquarters accredited by the municipal commerce bureau are mutually compatible and recognizable in accordance with relevant regulations.
An open innovation platform
- First, it must have explicit development plan and anticipated results;
- Second, it must have an Research and Development site with a gross floor area of not less than 1,000 square meters;
- Third, it must have not less than 10 contracted Research and Development innovation projects;
- Fourth, it must have the facilities, equipment and international experts required for collaborative innovation as well as international resources of technology, talent, etc.
How to apply for a foreign-funded Research and Development center ?
Within the first 20 working days of each June,or the first 20 days of each December, the applicants should
submit the online application (http://banshi.beijing.gov.cn/), together with the following documents and
information:
A Research and Development innovation center
- TThe basic information of the overseas parent company and the chart of organizational structure of its funded enterprise in China;
- The applicant's business license, and the registration documents of the overseas parent company publicly notarized and certified when registered in Beijing;
- The rent or purchase agreement of Research and Development site;
- The list of primary instruments and equipment;
- The certificating documents of patent, standard, new medicine or other Research and Development achievements.
An open innovation platform
- The basic information of the overseas parent company and the chart of organizational structure of its funded enterprise in China;
- The applicant's business license, and the registration documents of the overseas parent company publicly notarized and certified when registered in Beijing;
- The rent or purchase agreement of Research and Development site;
- The list and relevant agreements of the contracted Research and Development innovation projects;
- The list of primary instruments and equipment;
- The certificating document of international resource matching;
- The certificating document of outcomes.
