Xiamen encourages foreign funded companies to invest in its key industries, and those eligible enterprises with the annual actual utilization of foreign capital reaching $10 million or above will be rewarded.

Incentives for the investment of newly founded foreign-funded enterprises

The eligible enterprises can receive a one-off reward worth 2 percent of the annual actual utilization of foreign capital; meanwhile the maximum reward for a single enterprise is not more than 20 million yuan ($2.89 million).

After the amount of annual actual utilization of foreign capital reaches $10 million，the local retention portion of their paid enterprise income tax and value-added tax will be wholly given as a reward in the first two years (from the year when the enterprise pays its first value-added tax); and 50 percent of any reward will be paid over the following three years.

Incentives for the investment of existed foreign-funded enterprises

The eligible enterprises can receive a one-off reward worth 2 percent of the annual actual utilization of foreign capital and the maximum reward for a single enterprise is not more than 20 million yuan every year

Incentives for mergers and acquisitions with foreign capital

Those foreign-funded enterprises that are established through M&A will be granted a reward worth 2 percent of the annual actual utilization of foreign capital and the maximum reward for a single enterprise is not more than 20 million yuan every year.

Incentives for talents

Employees with annual individual income tax of more than 80,000 yuan can enjoy an allowance worth a certain proportion of the local retention portion of their paid individual income tax. The payer with annual tax amount of 80,000 yuan will receive an allowance worth 50 percent of the local retention portion of their paid individual income tax; the proportion of allowance given to payers with annual tax amount of more than 80,000 yuan but no more than 250,000 yuan is 75 percent and those who paid more than 250,000 yuan of personal income tax every year will be subsidized at 100 percent of the local retention portion of their paid individual income tax.

Employees without registered household in Xiamen but with annual individual income tax of more than 50,000 yuan are eligible to buy commercial houses as natives.

Employees who have served in the enterprise for three years, and joined social endowment insurance can get their household registered if they continue to sign labor contracts with the enterprise.