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By adhering to the Opinions of the Policy on Further Promoting the Development of Innovative and Entrepreneurial Talent issued by Rudong Prefectural Party Committee and Rudong Prefectural People's Government in 2020, Yangkou Port has been focusing on talent recruitment and promoting employment in the port area.

To further standardize relevant regulations, the following implementation rules are hereby formulated:

Requirements for reward application in terms of introducing high-level talents

1. Requirements for general applicants

◎The registration location of the applicant enterprise is in Rudong.

◎If the applicant wants to start up a business or launch innovation projects, he or she should meet the requirements of the Several Opinions on Policy of Further Encouraging Innovation and Entrepreneurship of High-level Talent.

◎These rules shall not apply to those applicants who are from other enterprises outside Rudong and are not working full-time in the applicant enterprises, or who are cross-county personnel transfers and have been away from Rudong for less than three years.

2. Requirements for individual applicants

◎Award for financial contribution

A. The applicant enterprise runs a business related to science and technology and has been put on record in the industrial and commercial information system in Rudong.

B. The applicant talent shall serve as the chairman or general manager of the enterprise.

C. If the applicant, as a natural person, contributes directly to the enterprise, the paid-in capital shall not be less than 1 million yuan ($152,853), and the paid-in capital shall not be less than 30 percent of the registered capital of the enterprise (the amount of registered capital exceeding 10 million yuan shall be reduced to no less than 20 percent) or the largest shareholder as a natural person.

D. If the claimant invests in the holding company, he or she shall make no less than 1 million yuan (the proportion of the claimant's equity in the holding company times the currency contribution of the holding company) and no less than 30 percent of the shares in the reporting company through one level calculation.

E. Entrustment is not recognized.

F. After July 1, 2019, the company was initially established and operated normally, and paid taxes normally for a full five years.

◎Individual income tax subsidy

A. Annual salary of 300,000 yuan and above (excluding income other than the declaration of the enterprise the applicant works for).

B.  After July 1, 2019, if the post of vice-president or above (including chief financial supervisor).

C.  The applicant working in Rudong to start a business and work, and pay social insurance continuously for more than (including) one year. 

3.  Supplementary provisions on incentive standards

◎Local financial contribution refers to the financial contribution made by an enterprise to the local government from its establishment to its declaration period, including local tax, and the local retained portion of the central and local shared tax. The specific content shall be subject to the tax payment certificate issued by the Rudong taxation bureau.

◎Individual income tax subsidy refers to the total amount of individual remittance such as the retained part, and the annual subsidy calculation standard is in line with the declaration conditions of the natural year.

Accelerate the gathering of outstanding young talent

1. The reward funds shall be allocated to entrepreneurial projects and enterprises that conform to Article 4-6 of the "Opinions".

2. Requirements for applicants

◎Young talent refers to college graduates or college students who are ordinary full-time undergraduates or above and who are no more than 40 years old.

◎Excellent entrepreneurship projects

◎Initial startup applicant will enjoy relevant support.

◎National and provincial innovation and entrepreneurship competition winners should apply with award certificate or documents.

3. Supplementary provision

◎Excellent young talents entrepreneurship program should be evaluated by experts and obtain evaluation scores.

◎Outstanding young talent entrepreneurship projects that have obtained startup financial support through expert evaluation may apply for startup guaranteed loans and discount interest support.