Legal basis: Article 19 of the Regulations on Resettlement of Retired Soldiers gives retired soldiers who are self-employed a one-time retirement fund, which is specially arranged by the central finance; Local people's governments may give economic subsidies according to local actual conditions, and the standards and measures for granting economic subsidies shall be formulated by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government.
One-time retirement fees and one-time economic subsidies shall be exempted from personal income tax in accordance with state regulations.
People's governments at all levels should strengthen the guidance and services for retired soldiers to start their own businesses. The local people's governments at or above the county level shall organize employment introduction, employment recommendation and special job fairs to support the independent employment of retired soldiers.