Preferential tax policies for small and low profit enterprises

In order to further support the development of small and low-profit enterprises, the Notice of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Preferential Income Tax Policies for Small and Low-Profit Enterprises (Cai Shui [2014] No. 34) further stipulates the preferential policies for small and low-profit enterprises: from January 1, 2014 to December 31, 2016, for small and low-profit enterprises with an annual taxable income of less than 100,000 yuan (including 100,000 yuan), their income shall be included in the taxable income at a reduced rate of 50%, and 20% The tax rate is subject to corporate income tax.

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Conditions for small and low-profit enterprises:

Qualified small and low-profit enterprises refer to enterprises engaged in industries that are not restricted or prohibited by the state and meet the following conditions:

1. For industrial enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 100, and the total assets shall not exceed 30 million yuan;

2. For other enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 80, and the total assets shall not exceed 10 million.

Small and low-profit enterprises can enjoy a preferential tax rate of 20%. Enterprises that engage in industries that are not restricted or prohibited by the state and meet the following conditions are those that are engaged in small and low-profit enterprises.

Enterprise income tax is levied at a reduced rate of 20%: for industrial enterprises, the annual taxable income does not exceed 300,000 yuan, the number of employees does not exceed 100, and the total assets do not exceed 30 million yuan; For other enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 80, and the total assets shall not exceed 10 million yuan.

Legal basis] Article 26 of the Enterprise Income Tax Law of the People's Republic of China

The following income of a business is tax-exempt:

1) Interest income from treasury bonds.

2) Equity investment income such as dividends and bonuses between qualified resident enterprises.

3) A non-resident enterprise that has established an institution or place in China obtains dividends, bonuses and other equity investment income from the resident enterprise that has an actual connection with the institution or place.

4) Income from eligible non-profit organizations.

At present, there is a preferential tax policy "Notice on Further Supporting and Promoting Tax Policies for Key Groups to Entrepreneurship and Employment" Cai Shui 2019 No. 22, and the supplementary document is postponed to the end of 2025 and can be traced back. To put it bluntly, if there are poor people employed in the company, they can enjoy a tax deduction of 650 yuan per person month on the basis of social security (which is a major benefit to labor-intensive enterprises, and there are more poor people).

At present, Alipay can help enterprises enjoy the above preferential policies (Alipay homepage or WeChat applet search: run Zhengtong) in the click - tax incentives, specific policies and process methods can go to Runzheng Tong for details.

At present, there is a preferential tax policy "Notice on Further Supporting and Promoting Tax Policies for Key Groups to Entrepreneurship and Employment" Cai Shui 2019 No. 22, and the supplementary document is postponed to the end of 2025 and can be traced back. To put it bluntly, if there are poor people employed in the company, they can enjoy a tax deduction of 650 yuan per person month on the basis of social security (which is a major benefit to labor-intensive enterprises, and there are more poor people).

Small and low-profit enterprises can enjoy a preferential tax rate of 20%. For small and low-profit enterprises engaged in industries that are not restricted or prohibited by the state and meet the following conditions, the enterprise income tax shall be levied at a reduced rate of 20%: industrial enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 100, and the total assets shall not exceed 30 million yuan; For other enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 80, and the total assets shall not exceed 10 million yuan.

The VAT collection rate for small-scale taxpayers has been reduced. The Interim Regulations on VAT and the detailed rules for the implementation of VAT stipulate that the qualifications of small-scale taxpayers to apply for general taxpayers have been reduced from 1 million yuan to 500,000 yuan for industrial enterprises and from 1.8 million yuan to 800,000 yuan for commercial enterprises. At the same time, the VAT levy rate for small-scale taxpayers, regardless of whether it is an industrial enterprise or a commercial enterprise, will be reduced from 6% and 4% in the past to 3%.

The standard for the range of taxable income rate of the approved collection enterprise has been reduced. The new measures for the verification and collection of enterprise income tax have lowered the standard for the range of taxable income rate of enterprises subject to verification and collection. Among them, the manufacturing industry has been adjusted from 7% to 20% to 5% to 15%, the entertainment industry has been adjusted from 20% to 40% to 15% and 30%, the transportation industry has been adjusted from 7% to 20% to 7% 15%, and the catering industry has been adjusted from 10% to 25% to 8% 25%.

At the same time, the new measures also specifically increase agriculture, forestry, animal husbandry, and fishery, and the taxable income rate is 3 percent to 10 percent.