China Tax Advisory
Hotline: 86-755-82147392 Email：info@citilinkia.com
China Research & Development Tax Services focus on assisting business operations
1.Obtain China Research & Development incentives, including tax incentives and other government incentives; and
2.Maintain the China Research & Development incentives through being compliant with the relevant technology, accounting and tax requirements
The China Research & Development tax incentives mainly includes Research & Development Expenditure Super Deduction, High and New Technology Enterprise tax incentive, Advanced Technology Enterprise tax incentive, technology transfer tax incentives, and other taxation incentives that are relevant to Research & Development.
Benefits to business operations
After the implementation of China Corporate Income Tax Law in 2008, the Corporate Income Tax incentives offered in China taxation regime were reduced that the period prior to 2008. Among the current tax incentives offered, Research & Development tax incentives are very welcomed by business operations, especially Research & Development Expenditure Super Deduction and reduced Corporate Income Tax rate for High and New Technology Enterprise.
China taxation regime offers a 150% super deduction for eligible Research & Development expenditures for China Corporate Income Tax purposes, which allows business operations to enjoy a 12.5% tax benefit rate for eligible Research & Development expenses.
China taxation regime also offers a reduced 15% Corporate Income Tax rate, as appose to 25% statutory China Corporate Income Tax rate, to enterprise who qualify for and meet the High and New Technology Enterprise status and criteria. A 10% tax saving on taxable income for China Corporate Income Tax purposes can be realized through this tax incentive offering.
Contact Us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82148419, 86-755-82143512, or emailing to info@citilinkia.com.