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Shanghai mulls incentives for SOHO workers
By Su Wentao |
October 21, 2011, Friday
|
Online Edition
Online Edition
SHANGHAI Human Resource and Social Security Bureau has promised to offer more policy support for small business owners.
According to the law, SOHO (small office/home office) practitioners can start their business at home or a rented apartment or a temporary commercial space. SOHO business ranges from translation services, software development, e-commerce, animation and design.
But the local regulation on property ownership forbids apartment owners to change the usage of their properties for business purpose. It becomes a roadblock for the development of SOHO businesses in Shanghai.
To address the problem, the bureau said it will work out new policies, such as easier loans and rent subsidies, for SOHO practitioners.
According to the law, SOHO (small office/home office) practitioners can start their business at home or a rented apartment or a temporary commercial space. SOHO business ranges from translation services, software development, e-commerce, animation and design.
But the local regulation on property ownership forbids apartment owners to change the usage of their properties for business purpose. It becomes a roadblock for the development of SOHO businesses in Shanghai.
To address the problem, the bureau said it will work out new policies, such as easier loans and rent subsidies, for SOHO practitioners.
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