Shenzhen will offer a subsidy of 10 million yuan for newly-introduced headquarters companies that promise to generate output value and pay tax to the local government as required within a certain period of time.

The city will offer a cash reward of up to 20 million yuan for eligible headquarters companies.

Headquarters companies that do not have fixed office space and rent offices will receive a subsidy of upto 1.5 million yuan each year.

Headquarters companies that do not have fixed office space and purchase offices for the first time will receive a subsidy equivalent to 10% of the total purchase price and capped at 50 million yuan.

Eligible headquarters companies can enjoy preferential policies such as receiving a subsidy to purchase office space and services from senior officials as well as residential buildings, education, healthcare and expedited exit and entry through customs.