Our company is also a non-high-paying enterprise. We successfully developed intangible assets ourselves, but we didn't apply for a patent. Can it be regarded as non-patented intangible assets?

The company is a non-high-paying enterprise and has successfully developed its own intangible assets. Although there is no patent application, it can be an intangible asset with proprietary technology. However, the following conditions must be met:

(1) It is technically feasible to complete the intangible assets for use or sale;

(2) There is an intention to complete the intangible asset and use or sell it;

(3) The way in which intangible assets generate economic benefits, including being able to prove that the products produced by using the intangible assets exist in the market or that the intangible assets themselves exist in the market, and that the intangible assets will be used internally and prove their usefulness;

(4) Having sufficient technical, financial and other resources to support the development of the intangible assets, and having the ability to use or sell the intangible assets;

(5) Expenditure attributable to the development stage of the intangible assets can be reliably measured.