1. Fiscal and tax incentives
1. For recognized high-tech enterprises, the corporate income tax rate is reduced from the original 25% to 15%, which is equivalent to a reduction on the original basis. 40% (for details, please refer to Article 28 of the "Enterprise Income Tax Law" implemented in January 2008) for three consecutive years. After the expiration of the three-year period, you can apply for review. If you pass the review, you will continue to enjoy tax benefits for three years. (For example, if the annual tax payment is 1 million, you can enjoy a tax reduction of 400,000 in the year the declaration is passed. In three years, you can get a tax reduction of 1.2 million, and in six years, you can get a tax reduction of 2.4 million);
2. Research and development by high-tech enterprises The various expenses incurred in the development of new technologies, new products, and new processes in the current year, as well as the expenses for key equipment and test instruments purchased for trial production with a single value of less than 100,000 yuan, can be allocated to the cost in one lump sum; The expenses incurred in purchasing advanced technologies and patents at home and abroad can be amortized within two years with the approval of the tax department.
3. If the technology development expenses incurred by a high-tech enterprise in the current year actually increase by more than 10% (inclusive) compared with the previous year, with the approval of the competent tax authority in that year, the actual amount of technology development expenses can be increased 50% is deducted from the taxable income of the current year.
4. Business tax shall be exempted on the income obtained by units and individuals engaged in technology transfer, technology development business and related technical consulting and technical services in this city; businesses engaged in software copyright transfer business and software development shall be exempted from business tax. Development business is exempt from business tax by comparison with technology transfer and technology development business.
2. Policy tilt
1. The municipal government sets up special funds to encourage the development of high-tech industries.
(1) The municipal government sets up technological innovation funds , used to support the transformation of high-tech achievements. An investment institution established under the guidance of the Municipal Finance Bureau, Municipal Science and Technology Commission, Municipal Planning Commission, Zhongguancun Science and Technology Park Management Committee and other departments as well as the government. It raises funds through multiple channels, including market research investment, project development, venture capital, loan interest discounts, and loan guarantees. and other methods to promote the transformation of high-tech achievements.
(2) The municipal government has established intellectual property development and protection funds to encourage organizations and individuals in the city to obtain independent intellectual property rights. Organizations and individuals applying for domestic and foreign patents can be provided with certain patent application fee and patent maintenance fee subsidies; for patented technology implementation projects with market prospects, certain patent implementation financial support can be provided at one time.
2. Give full play to the supporting role of government procurement policies in high-tech enterprises. Through budget control, bidding and other forms, all agencies, institutions and social groups that are included in the city's municipal budget management will give priority to products of the same type that have transformed high-tech achievements.
Legal Basis
"Enterprise Income Tax Law of the People's Republic of China"
Article 28
Eligible Small and low-profit enterprises are levied a corporate income tax at a reduced rate of 20%.
High-tech enterprises that need key support from the state will be levied a corporate income tax at a reduced rate of 15%.
Article 29
The autonomous organs of ethnic autonomous areas may decide to reduce or exempt the portion of the corporate income tax payable by enterprises in their own ethnic autonomous areas that belongs to the local share. . If an autonomous prefecture or autonomous county decides to reduce or exempt taxes, it must be reported to the people's government of the province, autonomous region or municipality directly under the Central Government for approval.