Do I have to pay taxes on the transfer of individual patents to companies?

Legal analysis: Personal income tax will not be levied for the time being for individuals who invest in enterprises after evaluating their non-monetary assets. However, when transferring equity, the original value of the property as the deduction value of the transfer income can only be based on the pre-evaluation value, not the evaluation value. In fact, it means that personal income tax is legally deferred to equity transfer.

Legal basis: People's Republic of China (PRC) Patent Law.

Article 11 After the patent right for invention and utility model is granted, except as otherwise provided in this Law, no unit or individual may exploit the patent without the permission of the patentee, that is, it may not manufacture, use, promise to sell, sell or import the patented product for production and business purposes, nor may it use the patented method and use, promise to sell, sell or import the product directly obtained according to the patented method. After the design patent is granted, no unit or individual may exploit its patent without the permission of the patentee, that is, it may not manufacture, promise to sell, sell or import its patented product for production and business purposes.

Article 12 Any unit or individual that exploits another person's patent shall conclude an exploitation license contract with the patentee and pay the patentee the royalties. The licensee has no right to allow any unit or individual other than those stipulated in the contract to exploit the patent.