Emergency Alert!

Recently there have been many cases of applications being rejected, mainly for reasons such as missing paperwork, not meeting the qualifications, or filling out the forms incorrectly.We've compiled a list of the five most common pitfalls to avoid when applying for a subsidy. These include misunderstandings about the policy and gaps in the materials you submit. We hope that this list will help you avoid common mistakes and ensure that your application is approved.

It's easiest to get stuck if you don't have all the necessary documents.

Many people submitted their applications in a hurry, and ended up forgetting to include important documents.For example, last month Old Chang applied for a grant to start a business. He only brought along a copy of his ID card, forgetting to bring his latest business license.You need to have the following three types of materials ready:

Identification is a must.

Copies of both sides of the ID card must be clear.

Business licenses must be current.

The business license must be the latest version; expired licenses are automatically filtered out.

The invoices must be sequential.

Remember to get a stamp from the bank on your statement for the last six months; a printout of a screen capture from your phone won't work.

There was a misunderstanding of the policy.

Last year, for example, a farmer in a certain area presented a county level document to apply for provincial level subsidies, but ended up wasting his time.Pay special attention to these two holes.

The scope of the territory is confirmed.

The details of the policies differ greatly in different regions. For example, the tax incentives for development zones and industrial parks are completely different.

Pay attention to the timing.

The deadlines for filing for the agricultural subsidy and the technology upgrade subsidy could be three months apart.

There are rules to be observed in filling out the forms.

Last year a company delayed the process of approval for half a month because it had written its registered capital as "5 million" rather than "5 million yuan whole.The key is in these two places.

The format of the data must be standardized.

The amount must be written in both Arabic numerals and Chinese characters, for example "5000 (伍仟元整) NT.

The signatures must be aligned.

The legal representative must sign in the lower right-hand corner of the designated box, and if the signature is too faint, the document will be rejected.

On-site verification must be carried out.

Last month, a restaurant had a 30,000 NT dollar subsidy taken away because of a substandard inspection of its kitchen.Remember these two preparatory moves:

The site remains in its original condition.

Applicants need to submit photos of their stores that match the actual scene, and a temporary change of layout will be questioned.

Equipment cannot be borrowed outside.

During the audit period, don't lend out the inspection equipment or production facilities that are used to prepare the application; losing key equipment will result in the application being rejected.

Finally, I remind everyone that the policy is changing frequently recently, so it's best to log on to the local government website at the start of each month to check the latest announcements.If you are not sure about the specifics of a certain clause, it is safest to call the hotline number in the tax guide. Don't waste time by guessing!