The latest standards for identifying small and micro enterprises mainly include: industrial enterprises, with annual taxable income not exceeding 300,000 yuan (RMB, the same below), employees not exceeding 100, and total assets not exceeding 30 million yuan; Other enterprises, the annual taxable income does not exceed 300,000 yuan, the number of employees does not exceed 80, and the total assets do not exceed 6,543,800 yuan. Based on the Notice of the Ministry of Finance of People's Republic of China (PRC), State Taxation Administration of The People's Republic of China, on Relevant Issues Concerning Preferential Income Tax Policies for Small-scale and Low-profit Enterprises. The following is introduced in detail in this article by Bian Xiao Law Express.
Small and micro enterprises are collectively referred to as small enterprises, micro enterprises, family workshop enterprises and individual industrial and commercial households proposed by the economist Professor Lang Xianping. The Ministry of Finance and the National Development and Reform Commission issued a notice, deciding to exempt 22 administrative fees for small and micro enterprises in the next three years to reduce the burden on small and micro enterprises.
1. These Provisions are formulated in accordance with the Law of People's Republic of China (PRC) on the Promotion of Small and Medium-sized Enterprises and Several Opinions of the State Council on Further Promoting the Development of Small and Medium-sized Enterprises (Guo Fa [2009] No.36). 2. Small and medium-sized enterprises are divided into three types: medium, small and micro. Specific standards are formulated according to employees, operating income, total assets and other indicators, combined with industry characteristics. 3. The industries to which these Provisions apply include: agriculture, forestry, animal husbandry, fishery, industry (including mining, manufacturing, electric power, heat, gas and water production and supply), construction, wholesale, retail, transportation (excluding railway transportation), warehousing, postal services, accommodation, catering and information transmission (including telecommunications, Internet and related services).
Small and micro enterprises are collectively referred to as small enterprises, micro enterprises and individual industrial and commercial households. Its definition standard is: it belongs to unrestricted and prohibited industries nationwide, and it has annual tax payment conditions. And meet the following three conditions:
1, the taxable income of the enterprise is less than 3 million;
2. The number of employees in the enterprise is less than 300;
The total assets are below 50 million now.