Any foreign companies setting up in the zone will see the local district company tax waived for the first two years upon incorporation and 50% of taxes payable in the third year.

D’Hive, the media hub set up in the Songjiang district of Shanghai by Singapore’s Cubix International and China’s Bestlinkage Group, has set incentives for incoming businesses.

According to organisers, any foreign companies setting up in the zone will see the local district company tax waived for the first two years upon incorporation and 50% of taxes payable in the third year. There will also a 50% subsidy in the incorporation fee.

Bee GOH, CEO of Cubix explained: “We set up the Cubix Management Office in D’Hive specifically to assist small to mid-sized media companies, particularly for producing, production and distribution companies enter the China market. Our one-stop services include local incorporation through to accounting, marketing, consulting, and virtual office services.”​

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