NISS Campus: New partnerships with South Hongqiao government and DI-Asia Base

NISS Campus (Nordic Innovation and Sustainability Shanghai) is progressing well to build a new landmark zero carbon campus in the new development area in in Minhang district. As part of the project, the NISS team has entered into a new partnership with the local government and company DI-Asia Base. Through this partnership, we have found a new office location at the Hongqiao Hub for NISS partners available already now, with the best VAT, tax and rent conditions in Shanghai.

Hongqiao already has developed to an important hub with the airport, the high speed train station and the CIIE. In the coming years two new metro lines will be built as well as a regional train connecting westwards.

Highlights from the agreement are an offering of up to 95% refund of local income tax and VAT payments (equals effective tax reduction of 19% compared to regular Shanghai level, and 31% VAT reduction). There are also reductions on personal income tax.

The partnership with DI-Asia Base means that they will broaden their service offering of recruiting, office management, finance and HR to all Nordic companies registering in South Hongqiao.

The NISS team is very happy to see the strong support from the local government and the Nordic communities.

For more details, contact heidiberg@nisscampus.com

 

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