1. Tax incentives - industrial industries: (1) Forestry, animal husbandry, and fishery are exempt. New varieties of crops for vegetables, grains, potatoes, oil crops, beans, cotton, hemp, sugar, fruits, and nuts Selection and breeding of Chinese medicinal materials; cultivation and planting of forest trees; raising of livestock and poultry; collection of forest products; irrigation, primary processing of agricultural products, veterinary medicine, agricultural technology promotion, agricultural machinery operation and maintenance, etc. Agriculture, forestry, animal husbandry, Note business projects; ocean fishing. (2) Forestry, animal husbandry and fishery - Halve the planting of flowers, tea and other beverage crops and spice crops; marine aquaculture and inland aquaculture 2. Preferential tax policies for small and low-profit enterprises 1. Annual taxable income of small and low-profit enterprises For the amount not exceeding 1 million yuan, a reduced rate of 12.5% ??will be included in the taxable income, and the corporate income tax will be paid at a tax rate of 20%. 2. For small and low-profit enterprises whose annual taxable income exceeds 1 million yuan but does not exceed 3 million yuan, a reduced rate of 25% shall be included in the taxable income, and the corporate income tax shall be paid at a rate of 20%. Small low-profit enterprises refer to enterprises that are engaged in non-restricted and prohibited industries by the state and meet the three conditions of annual taxable income not exceeding 3 million yuan, number of employees not exceeding 300, and total assets not exceeding 50 million yuan. 3. Tax incentives for R&D and innovation 1. The corporate income tax for high-tech enterprises is 15%. High-tech enterprises that need key support from the state are levied at a reduced rate of 15%. 2. Integrated circuit production enterprises or projects are exempted from tax for up to ten years with state encouragement. Integrated circuit manufacturing enterprises or projects whose integrated circuit line width is less than 28 nanometers (inclusive) and whose operating period is more than 15 years are exempt from corporate income tax from the first to the tenth year. Integrated circuit production enterprises or projects encouraged by the state with a line width of less than 65 nanometers (inclusive) and an operating period of more than 15 years are exempt from corporate income tax from the first to the fifth year, and from the sixth to the tenth year they are exempted from corporate income tax. Corporate income tax is levied at half the statutory tax rate of %. Integrated circuit production enterprises or projects encouraged by the state with line widths less than 130 nanometers (inclusive) and operating periods of more than 10 years are exempt from corporate income tax from the first to the second year, and 25% from the third to the fifth year. Corporate income tax is levied at half the statutory tax rate. Losses incurred in the tax year by integrated circuit manufacturing enterprises with line widths less than 130 nanometers (inclusive) encouraged by the state are allowed to be carried forward to subsequent years, and the maximum carry-over period shall not exceed 10 years. 3. Integrated circuit design and software enterprises are exempted from the two-year exemption and three-year halving. Integrated circuit design, equipment, materials, packaging, testing enterprises and software enterprises encouraged by the state are exempt from corporate income tax from the first to the second year starting from the profit-making year. From the third to the fifth year, corporate income tax is levied at half the statutory rate of 25%. 4. Key integrated circuit design and software companies are exempted from corporate income tax for five consecutive years. Key integrated circuit design companies and software companies encouraged by the state are exempt from corporate income tax from the first to the fifth year starting from the profit-making year, and are exempted from corporate income tax by 10% in subsequent years. Corporate income tax is levied at the tax rate. 5. The minimum depreciation period of integrated circuit production equipment is 3 years. The depreciation period of production equipment of integrated circuit manufacturing enterprises can be shortened appropriately, and the minimum period can be 3 years (inclusive). 6. Qualified technology transfer income exceeding 5 million will be halved if the conditions are met. The exemption or reduction of corporate income tax on technology transfer income means that within a tax year, the portion of technology transfer income of a resident enterprise that does not exceed 5 million yuan is exempt from corporate income tax; the portion exceeding 5 million yuan is levied at half the corporate income tax. 7. Research and Development 75% of the actual R&D expenses incurred by the enterprise in carrying out R&D activities will be deducted from the total expenses. If no intangible assets are formed and included in the current profits and losses, on the basis of actual deductions in accordance with regulations, from January 1, 2018 to December 31, 2020 During the period, 75% of the actual amount will be deducted before tax; if intangible assets are formed, 175% of the cost of the intangible assets will be amortized before tax during the above period. The implementation period has been extended to December 31, 2023. 8. When 100% of the manufacturing R&D expenses are deducted in advance, you can enjoy the R&D expenses actually incurred by the manufacturing enterprise in carrying out R&D activities. If no intangible assets are formed and included in the current profits and losses, on the basis of actual deductions in accordance with regulations, Starting from January 1, 2021, 100% of the actual amount will be deducted before tax; if an intangible asset is formed, starting from January 1, 2021, 200% of the cost of the intangible asset will be amortized before tax. . Manufacturing enterprises refer to enterprises whose main business is manufacturing business and whose main business income accounts for more than 50% of the total income in the year when they enjoy the preferential treatment. When enterprises declare prepayment in the third quarter of the year (quarterly corporate income tax prepayment) or September (monthly prepayment), they can choose to enjoy the preferential super deduction policy for R&D expenses in the first half of the year 9. 80% of entrusted overseas R&D expenses III. Two-thirds of the expenses incurred in entrusting overseas R&D activities shall be included in the entrusting party's entrusted overseas R&D expenses at 80% of the actual amount of expenses incurred. The portion of entrusted overseas R&D expenses that does not exceed two-thirds of the domestic qualifying R&D expenses can be deducted as an additional deduction before corporate income tax in accordance with regulations. 10. If 70% of venture capital companies and individual angel investors adopt equity investment methods to invest in start-up technology companies for more than 2 years (24 months) within 2 years, 70% of their investment amount can be used in equity holdings for 2 years. The taxable income of the venture capital enterprise shall be deducted in the current year; if the amount is insufficient for deduction in the current year, it may be carried forward for deduction in subsequent tax years.