Q&A (first part) on supporting policies for the talent teams in Foshan National Hi-tech Industrial Development Zone
Q: Shall an existing company fully pay the registered capital of 1 million[D1] yuan before the application, or can it make the payment after approval?
A: The 1 million[D2] yuan registered capital shall be prepared before the application, and if you have a company, you can submit the actual payment proof issued by the Administration of Industry and Commerce.
Q: If a project does not fall within the technology fields stipulated in the guidelines, is it ineligible for application?
A: Excellent projects that do not fall within the technology fields stipulated by the guidelines are also eligible for application.
Q: According to the Approach[D3] , priority will be given to projects that have obtained financing. If a project has established a company and has obtained financing in another place before and now it applies to be industrialized in Foshan, does this project qualify as one that has obtained financing? [D4]
A: Yes, financing is proof that the project has good industrial prospects, but after approval, the project shall only be implemented in Foshan.
Q: What are the shareholding requirements for the start-up’s team leader and core members?
A: (1) Among the team leader and core members, at least three individuals shall hold shares;
(2) The sum of the shares held by the team leader and core members shall account for no less than 30%;
(3) Team members must not hold shares in trust.
Q: According to the guidelines, the sum of the shares held by the team leader and core members shall account for no less than 30%. If there are multiple members and some non-core members hold shares, do the shares of the non-core members count into the 30%?
A: Only shares held by the team leader and core members are counted. At least three core members must hold shares.
Q: Is a team that has obtained the district’s support for talent teams eligible for application? If so, how much is the funding amount?
A: The team can choose the higher one among the financial supports. If a team is granted the level-A district support of 3 million yuan in Nanhai District and level-A project approval from the Foshan National Hi-tech Industrial Development Zone, the team can choose one not both.
Q: If there is no project company when applying, can a company that has been established for more than two years be taken as the project company?
Q: If a company that applies for level-A funding is rated as level B, will it be downgraded or disqualified?
A: We will consult the party for downgrading. If the party agrees, then the process will continue. If the party disagrees, the application fails.
Q: How can I find out whether my company is in the range of Foshan National Hi-tech Industrial Development Zone?
A: Please consult the administrative committee of each park:
Chancheng park: Zhang Chunwei 8213 7107
Nanhai park: Tang Wei 8631 6625
Shunde park: Liang Haowen 2636 2863
Gaoming park: Mai Zhengdao 8868 9951
Sanshui park: Zou Zijun 8739 2592