How to understand the registration of off-campus training institutions as non-profit organizations?

This is in line with the new policy of "double reduction": according to the press conference of "double reduction" in Beijing education held on August 26th, at present, the relevant policy documents of "camp reform" at the national level have not been formally issued (the Ministry of Education and the Ministry of Civil Affairs are studying the relevant policies of "camp reform").

Reasons for the transformation of off-campus training institutions into non-profit organizations;

First of all, after the off-campus training institutions are transformed into non-profit organizations, the income can only be used to maintain and develop the existing business, which means that the money earned can only be used to continue to develop education, not to invest in finance or real estate. Secondly, we must accept the supervision and guidance of the government on the charging standards. It is no longer possible to raise the charging standard through various elite classes and competition classes.

Followed by tax incentives, non-profit organizations are exempt from corporate income tax. With the support of land policy, non-profit organizations can obtain preferential land through allocation and other means. This is of great help to expand the hardware for running schools.