Preferential tax policies for cultural media industry

Legal analysis: Cultural media companies can enter the park in the form of new companies, branches and subsidiaries. All businesses undertaken by the company will be taxed at the place of registration (except in special circumstances), and the taxes paid by enterprises will be included in the respective proportions of the central and local governments, while the local finance will give certain tax support to enterprises as an encouragement to promote economic promotion. In order to promote the healthy and sustainable development of the cultural industry, meet the spiritual and cultural needs of the people for a better life, and build a socialist cultural power.

Legal basis: People's Republic of China (PRC) Cultural Industry Promotion Law (draft for review).

Article 3 The state adheres to the people-oriented principle, strengthens cultural self-confidence, adheres to the road of cultural development in Socialism with Chinese characteristics, persists in serving the people and socialism, persists in letting a hundred flowers blossom and a hundred schools of thought contend, persists in creative transformation and innovative development, persists in carrying forward socialist core values, persists in giving priority to social benefits, and promotes the high-quality development of cultural industries.

Article 4 The State shall incorporate the promotion of cultural industry into the national economic and social development plan, formulate special plans to promote the development of cultural industry, issue a catalogue for the development of cultural industry, and promote the structural adjustment and layout optimization of cultural industry.

Article 5 The State encourages innovation in the content, technology and format of cultural industries, and creates a social environment conducive to the emergence of fine cultural products and talents.