There are many benefits and basically no risks.
1. Tax benefits: corporate income tax will be reduced by 40% on the original basis. Especially companies with higher tax payments.
2. Direct rewards. Becoming a high-tech enterprise in Dongguan can receive local rewards of about 40,000 to 150,000.
3. Employee benefits. There is a public school enrollment quota every year (available for children of employees within the company) )
4. Funding basis, becoming a high-tech enterprise is one of the first conditions for applying for other types of subsidy policies
5. Brand improvement makes it easier to obtain VC investment and bank loans
It is also one of the important conditions for companies to go public, attracting talents, etc., and there are many benefits. There is basically no risk, so it is recommended to apply if the conditions are met.