Measures for the administration of preferential tax policies for venture capital enterprises in Jiangsu Province
Article 1 In order to support the development of venture capital enterprises in our province, the Interim Measures for the Administration of Venture Capital Enterprises (Order No.39 of the National Development and Reform Commission) issued by ten ministries and commissions and the Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance of People's Republic of China (PRC) on Promoting the Development of Venture Capital Enterprises (Cai Shui [2017] No.31) are implemented, and these measures are formulated in combination with the actual situation in our province.
Article 2 Venture capital enterprises applying for preferential tax policies shall complete the filing procedures in the National Development and Reform Commission, the Provincial Development and Reform Commission or the Nanjing Development and Reform Commission in accordance with the conditions and procedures stipulated in the Interim Measures for the Administration of Venture Capital Enterprises.
Article 3 The list of venture capital enterprises filed with the National Development and Reform Commission shall be examined and published by the Ministry of Finance and State Taxation Administration of The People's Republic of China jointly with relevant departments.
Article 4 Venture capital enterprises filed with the Provincial Development and Reform Commission or the Nanjing Development and Reform Commission shall be audited and published by the Provincial Department of Finance, the Provincial State Taxation Bureau and the Provincial Local Taxation Bureau in conjunction with the Provincial Development and Reform Commission, and reported to the Ministry of Finance and State Taxation Administration of The People's Republic of China for the record.
The Provincial Department of Finance shall, jointly with relevant departments, review and publish the list of venture capital enterprises enjoying preferential tax treatment once a year.
Article 5 If a venture capital enterprise has invested in unlisted small and medium-sized high-tech enterprises for more than two years (including two years) and meets the following conditions, its taxable income can be deducted by 70% of its investment in small and medium-sized high-tech enterprises. If the deduction is insufficient in the current year, it can be deducted year by year in subsequent tax years.
(1) The business scope conforms to the provisions of the Interim Measures for the Administration of Venture Capital Enterprises, and the industrial and commercial registration is for venture capital limited companies, venture capital limited companies and other professional venture capital enterprises .. 20171kloc-0/5 If the industrial and commercial registration is completed before the promulgation of the Interim Measures for the Administration of Venture Capital Enterprises, the original industrial and commercial registration name can be retained, but the business scope must be kept.
(2) The number of employees of small and medium-sized high-tech enterprises in the investment year shall not exceed 500, the annual sales shall not exceed 200 million yuan, and the total assets shall not exceed 200 million yuan.
(3) Small and medium-sized high-tech enterprises should spend more than 5% of their sales on research and development of high-tech and its products in that year (including 5% of people's technical income and sales income of high-tech products), accounting for more than 60% of their total income in that year (including 60%).
Article 6 In Article 5, "Venture capital enterprises have invested in unlisted small and medium-sized high-tech enterprises for more than 2 years (including 2 years) by means of equity investment" means that the investment period has reached more than 2 years (including 2 years) since the date of 20 17 10; "Unlisted small and medium-sized high-tech enterprises" refers to venture capital enterprises that are not listed at the beginning of investment.
The identification of high-tech enterprises shall be carried out in accordance with the relevant provisions of the state.
Article 7 A venture capital enterprise audited and announced by the Provincial Department of Finance, the Provincial State Taxation Bureau, the Provincial Local Taxation Bureau and the Provincial Development and Reform Commission shall submit the following materials to the local competent tax authorities when applying for investment deduction of taxable income:
(a) the basic situation of venture capital enterprises (table1);
(2) A photocopy of the business license of the venture capital enterprise; If there is any change, a copy of the notice of approval and change registration issued by the local administrative department for industry and commerce shall be provided;
(3) Basic information of small and medium-sized high-tech enterprises (Table 2);
(four) a copy of the business license of small and medium-sized high-tech enterprises;
(five) a copy of the certificate of high-tech enterprises and high-tech projects issued by the Provincial Science and Technology Department;
(six) a copy of the investment contract signed by the venture capital enterprise and the small and medium-sized high-tech enterprises;
(seven) the capital verification certificate of the actual investment of the venture capital enterprise;
(8) Annual accounting statements of the enterprise (including balance sheet, income statement and cash flow statement). Statement of changes in owner's equity) and audit report.
The enterprise shall submit the materials to the local competent tax authorities before the end of February each year.
Article 8 The competent local tax authorities shall, within ten working days after receiving the application materials of venture capital enterprises, conduct a summary review and sign relevant opinions, and report them to the provincial tax authorities. After receiving the materials, the provincial tax authorities shall, jointly with the Provincial Department of Finance. The provincial development and Reform Commission completed the audit work, and approved the venture capital enterprises and the local competent tax authorities in writing before the end of April.
Article 9 For venture capital enterprises enjoying preferential tax policies, if it is found that the investment operation does not conform to the relevant provisions of the Interim Measures for the Administration of Venture Capital Enterprises, the Provincial Department of Finance shall, jointly with the Provincial State Taxation Bureau, the Provincial Local Taxation Bureau and the Provincial Development and Reform Commission, cancel their qualifications for enjoying preferential tax policies in that year.
Tenth in the implementation of these measures, in case of changes in national policies, the policies after the changes in national policies shall prevail.
Eleventh these Measures shall be formulated by the Provincial Department of Finance in conjunction with the Provincial State Taxation Bureau. The Provincial Local Taxation Bureau and the Provincial Development and Reform Commission are responsible for the interpretation. ;