In order to better support the innovation and development of enterprises, State Taxation Administration of The People's Republic of China and the Ministry of Finance recently issued the Announcement on Issues Related to Optimizing the Policy of Adding and Deducting R&D Expenses for Prepaid Declarations (AnnouncementNo. 1 1 of State Taxation Administration of The People's Republic of China _ Ministry of Finance in 2023, hereinafter referred to as the Announcement), clarifying that from 2023, eligible enterprises can enjoy the preferential policy of adding and deducting R&D expenses in the first half of each year during the reporting period. What procedures do I need to go to the tax authorities to enjoy the R&D fee plus deduction policy? Get to know each other

Enterprises enjoy the preferential policy of "real occurrence, independent determination, declaration and enjoyment, and retention of relevant information for future reference". Enterprises that actually incur R&D expenses should judge whether they meet the conditions stipulated in preferential items according to their operating conditions and relevant tax laws and regulations. If they meet the conditions, they can calculate their own tax reduction or exemption, enjoy tax concessions by filling out the enterprise income tax return, and keep relevant information for future reference according to regulations, without going through the formalities with the tax authorities.