In the past, many enterprises enjoyed the preferential policies of approved collection through sole proprietorship. However, due to some reasons, it is difficult for sole proprietorship enterprises to be approved now. So now the park is more inclined to individual industrial and commercial households. "Tax" points out that in order to further support the development of small and micro enterprises, small-scale taxpayers can enjoy 3% value-added tax concessions, while individual industrial and commercial households (ordinary tickets) can be exempted from value-added tax and additional tax, and personal income tax is only about 0.75%, far below 20% ~ 40% of labor remuneration.
Moreover, individual industrial and commercial households enjoy the national tax examination and approval policy. Compared with ordinary enterprises, they don't have to pay 25% corporate income tax and 20% personal income tax on dividends, which really reduces the tax burden for enterprises. Moreover, the funds of individual industrial and commercial households can enter personal accounts without public transfer, which also provides more flexibility for the capital flow of enterprises. "Tax Pass" also pointed out that parks in Chongqing, Henan and Shandong can handle individual industrial and commercial households, and the invoice amount should be within 5 million as far as possible, without any geographical restrictions, ensuring the consistency of the third-rate (invoices, contracts and running water) and providing all services from registration to cancellation.
Please note that the above information is for reference only, and the specific tax policies may vary according to regions and specific circumstances. If you still have questions, it is recommended to consult professionals or tax authorities for details.