China News Service, Guangzhou, August 7th (Guo Jun and Yang Ruixuan) Promote preferential tax policies to directly enjoy fast enjoyment, light up the road of coordinated development of the Guangdong-Hong Kong-Macao Greater Bay Area, and support enterprises in the Pearl River Delta region to go abroad... The reporter from Guangzhou City on the 7th The taxation bureau learned that the Guangzhou taxation department actively responded to Guangzhou's rallying call of "adhering to industry first and manufacturing as a city", and took the implementation of the new combined tax and fee support policy as an important driving force to promote the rapid development of the manufacturing industry, and continued to promote Industrial digitization and informatization upgrade and transformation to promote high-quality regional economic development and provide tax assistance.
It is reported that the additional deduction policy for R&D expenses anchors the R&D investment of enterprises.
From 2021 onwards, the deduction ratio of R&D expenses for manufacturing enterprises will be increased to 100%, which will directly stimulate more manufacturing entities to invest more R&D expenses. Enterprises’ willingness to innovate and innovation ability will continue to improve, and the orientation of policies to support the development of the manufacturing industry will be effectively manifested.
Intelligent equipment manufacturing enterprises are an important part of "Guangzhou Intelligent Manufacturing".
At present, smart equipment manufacturing enterprises are facing greater pressure from international competition, and the new combined tax and fee support policy undoubtedly adds a new boost to their international competitiveness.
The staff of the Guangzhou tax department understand the production and operation of the enterprise in the workshop, and guide the preferential policies of scientific and technological innovation. Photo by Yang Ruixuan
Recently, in the huge R&D workshop of Guangzhou Mona Lisa Sanitary Ware Co., Ltd., 5 smart bathtubs with massage and other functions have been manufactured and are waiting to be assembled and exported.
This is a key manufacturing enterprise located in Huadong Town, Huadu District, Guangzhou City. Its innovatively designed sports bathroom products sell well in domestic and overseas markets, accounting for about 65% of the market share of similar products.
"The pace of economic output resonates with the rhythm of innovation growth. Companies need a lot of capital investment in the process of research and development of new technologies, but the results of research and development often fail to take effect quickly. Therefore, the super-deduction policy has always been a tax policy that we are very concerned about. We Special thanks to the tax department for 'delivering benefits to the door', so that enterprises have more confidence in innovation!" said Ding Weijiang, member of the Huadu District Political Consultative Conference and chairman of Mona Lisa Sanitary Ware.
In recent years, Guangzhou has continuously integrated into the national strategy of the Guangdong-Hong Kong-Macao Greater Bay Area. By introducing major technological innovation projects, it has built a strategic emerging industry system and promoted the development of industries such as semiconductors and integrated circuits, ultra-high-definition video, and new displays.
Manufacturing enterprises often have the characteristics of large investment in assets, high research and development expenses, and long industrialization cycles.
Guangzhou Yuexin Semiconductor Technology Co., Ltd. is the only 12-inch wafer manufacturing enterprise in the Guangdong-Hong Kong-Macao Greater Bay Area that has entered mass production. It is a key engineering project in Guangdong Province and Guangzhou City.
In 2021, the company's additional deduction amounted to 197 million yuan.
"Integrated circuit manufacturing enterprises have the characteristics of heavy R&D, high investment and long cycle, and the proportion of R&D funds is relatively high. Now the state has increased the tax reduction for the additional deduction of R&D expenses in the manufacturing industry, and we are more motivated in product R&D. !" said Zhou Laichun, the financial director of Yuexin Semiconductor.
"Specialized, refined and new" enterprises are the key carriers for implementing the national innovation-driven development strategy.
Behind the growth and development of "specialized, specialized, and new" enterprises, there is also the help of tax incentives.
"In recent years, since the downstream industry of flavors and fragrances has entered the stage of monopolistic competition, we can only seek new development by increasing investment in research and development and independently developing new products." said Xu Qiumei, a financial officer of Guangzhou Yahe Biotechnology Co., Ltd., In 2021, the company invests more than 4.2 million yuan in research and development expenses, and enjoys an additional deduction of about 3.85 million yuan for research and development expenses, which is equivalent to about 960,000 yuan in corporate income tax reduction.
The person in charge of the Enterprise Income Tax Division of the Guangzhou Municipal Taxation Bureau said that the Guangzhou taxation department will continue to implement a package of preferential tax policies to support the development of the manufacturing industry, focus on the real economy, adapt to the new generation of technological revolution, industrial transformation and consumption upgrade trends, and continuously optimize tax business environment, promote enterprises to accelerate innovation and transformation, continuously activate the endogenous power of enterprise development, and polish the golden brand of "Made in Guangzhou".
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