Preferential tax policies for software development:
Currently existing difficulties for software development companies:
1. There is less VAT input deduction, or it is difficult to obtain input.
Most of the products of software development companies are high value-added products, with a high value-added rate of more than 60%. Intangible assets such as patents and non-patented technologies purchased by enterprises are excluded from deductible input. The tax amount is outside the scope of the tax, so the amount of input tax allowed to be deducted is less. This undoubtedly increases the tax burden of software development companies that use advanced technology and directly affects the development of software development companies. Such problems can also be solved through tax planning.
2. Enterprises have a high labor cost and require highly sophisticated technical talents.
Software development companies have particularly high requirements for talents. Only high-end talents can be competitive in the industry. However, the small number of high-end talents and high costs are a very real problem, so companies have high labor costs. For larger expenses, tax planning is recommended to solve the current problem. ,
3. There is great pressure to bear corporate income tax
Enterprises need to bear 25% of corporate income tax, which is a greater tax pressure compared to software development companies. Making good use of tax planning is not only It can reduce tax burden and get financial refund support.
4. There is great pressure on shareholders to pay dividends
After shareholders bear the corresponding investment risks, they will not have much profit left. If they want to get the money, they still need to pay an income tax of 20%. Through tax planning, the comprehensive tax rate is only 5, and shareholders can also withdraw profits reasonably and legally.
Kantu industry support policies: (effectively reducing value-added tax and corporate income tax)
Enterprises establish a new company or branch in the industrial park and enjoy the park through reasonable subcontracting services According to the support policy, the local government will provide financial support incentives on the basis of the retained part of local tax revenue. The payment will be made in the same month and the enterprise will be supported in the following month.
50% of the value-added tax is retained by the local government, and the reward ratio of local support to the enterprise: 50%-80%
40% of the corporate income tax is retained by the local government, and the reward ratio of local support to the enterprise is: 50 %-80%
Enterprises can reduce tax burdens and improve their competitiveness through reasonable tax planning. In other words, the supported funds can be given to employees as employee benefits. .