On May 8th, 2009, the General Office of Beijing Municipal People’s Government forwarded the Notice of Beijing Municipal Commerce Commission on Facilitating the Advancement of the Outsourcing Industry ([2009] No.27).
• From the year 2009 to 2013, a 15 percent deduction on corporate income tax will be offered to advanced-technology service enterprises. Employees’ education and training expenses are deducted before the calculation of corporate income tax with a ratio of no more than 8 percent of the total income. Sales taxes are exempt for accredited advanced- technology outsourcing enterprises.
• The total amount of funds allocated to the outsourcing industry by the Municipal Government should not be less than twice of those from the Central Government. The main usage of the funds is to expand the industry size, to help model districts build public service platforms.
• To encourage outsourcing enterprises to be listed nationally and overseas, to help eligible non-listed enterprises enter Zhongguancun Stock Transfer System to finance and transfer stocks.