日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

Tax incentives introduced for venture capital

By Zhang Yue | China Daily | Updated: 2018-12-13 07:10
Share
Share - WeChat
The government has already introduced tax relief for venture capital firms under which their taxable income is deducted by an equivalent of 70 percent of their investment in seed or early-stage high-tech startups. [Photo/VCG]

Policy will help drive entrepreneurship, innovation as economy faces pressure

China will introduce more tax incentives to drive entrepreneurship and innovation, a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.

"Our economic growth is faced with yet another bout of downward pressure. The number of college graduates keeps hitting new highs so we still face considerable pressure on employment," Li said.

"Business startups not only add jobs, but also help boost innovation. There is still tremendous potential in this respect," he added.

The government has already introduced tax relief for venture capital firms under which their taxable income is deducted by an equivalent of 70 percent of their investment in seed or early-stage high-tech startups.

The meeting decided to further incentivize VC investment, stimulate more production by market forces, enhance the efficacy of entrepreneurial activities and innovation, and propel the commercialization of research and development deliverables and industrial upgrading.

Starting from January 1, 2019, for registered VC firms that choose to have their taxes calculated as single-investment funds, individual partners will pay personal income taxes on their earnings from the transfer of shares and stock dividends at 20 percent. In registered VC firms that choose to have their taxes calculated based on annual incomes, individual partners will pay personal income taxes on their earnings in the firms at progressive tax rates from 5 percent to 35 percent. This policy will be effective for five years.

"VC funds have grown quite considerably in scale and now play a big role in catalyzing investment. Personal income tax incentives for VC firms are important for developing and nurturing the capital market. Such incentives need to be further improved and better implemented to ensure that the tax burdens of individual partners of VC firms will be reduced rather than increased," Li said.

Recent years have seen intensified efforts in delivering tax incentives to VC firms. This year, the corporate income tax brackets were further expanded, and the threshold of annual taxable income for the highest marginal tax rate of 35 percent was raised from 100,000 yuan ($14,520) to 500,000 yuan.

"It is critical to send positive signals to the market when implementing these tax policies to help VC funds grow. This will foster an enabling environment for businesses to develop. Every bit of effort counts," Li said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 加勒比AV一本大道香蕉大在线 | 欧美日韩在线一区二区三区 | 欧美日韩在线免费 | 超97在线观看精品国产 | 亚洲精品乱码久久久久久v 国产高清免费视频 | 日本精品久久久一区二区三区 | 国产网址在线观看 | 久久精品国产线看观看亚洲 | 91网在线观看 | 欧美激情欧美激情在线五月 | 亚洲精品黄色 | 国产伦精品一区二区三区四区视频 | 毛片免费在线 | 国产欧美性综合视频性刺激 | 国产高清毛片 | 久久97精品久久久久久久看片 | 99在线视频精品 | 国产免费观看视频 | 99re视频| 久久免费福利 | 噜噜噜天天躁狠狠躁夜夜精品 | 欧美大片网站 | 日本一道本视频 | 天天躁夜夜躁狠狠躁2024 | 亚洲欧美在线精品一区二区 | 九九精品视频在线 | 久久久久久国产精品久久 | 在线欧美 | 日本夜爽爽一区二区三区 | 成人精品视频 | 日产乱码卡一卡2卡三卡四麻豆 | 亚洲日本三级 | 91精品欧美成人 | 91免费视频网 | 国产国产精品人在线观看 | 国产成人久久 | 在线二区人妖系列 | 欧美日本一道本 | 国产精品美女久久久久aⅴ国产馆 | 欧美成人免费在线视频 | 亚洲免费播放 |