Q:
|
What is a high-tech enterprise?
|
A:
|
High-tech enterprise means resident enterprises registered in China(excluding Hongkong, Macao and Taiwan) in the “Key High Technology Fields Supported by the State”, which operate on the basis of continuous research and development and transform of technological achievements, as well as formation of core independent intellectual property rights.
“Key High Technology Fields Supported by the State” includes eight fields: electronic information, biology and new medicine, aerospace, new materials, high-tech services, new energy and energy saving, resources and environment, advanced manufacture and automation.
|
Q:
|
Is there any tax preferential policy on corporate income tax for high-tech enterprise?
|
A:
|
High-tech enterprises can enjoy tax deduction on corporate income tax and apply to tax rate of 15%.
|
Q:
|
What is the longest carrying forward period for making up the loss for high-tech enterprise?
|
A:
|
From 1 January 2018, the losses not yet covered occurred 5 years before the qualification approvement of high-tech enterprises or small and medium-sized sci-tech enterprises can be carried forward to the following years, the longest carrying forward period is extend from 5 years to 10 years.
|
Q:
|
What are the “other expenses” in research and development expenditure? What is the ratio limit?
|
A:
|
“Other expenses” means other costs directly related to research and development activities, including technical books costs, translation fees, expertise consultation fees, R&D insurance fees for new technology, search, demonstration, appraisal, verification fees for R&D achievements, application fees for intellectual property rights, registration fees, agency commission, meeting costs, business trip costs,correspondence fees, etc. In general, other expenses are no more than 10% of total R&D expenditure except as otherwise provided.
|
Q:
|
The income of high-tech products(service) is required no lower than 60% of total revenue for high-tech enterprise, what are the total revenue items?
|
A:
|
The total revenue includes main business income, other business income, interest income, investment income and non-business income.
|
FAQ
