A press conference on "Several Measures to Cultivate and Support Individual Industrial and Commercial Households in Guangdong Province" (hereinafter referred to as "31 Measures") was held in Guangzhou. The author learned from the meeting that Guangdong will further reduce the operating costs of individual industrial and commercial households and promote the high-quality development of individual industrial and commercial households in the province.

The "31 Articles" integrate the latest support measures from multiple departments such as market supervision, taxation, banking, finance, human resources and social security, development and reform, and "tailor-made" implementation of the end-of-period value-added tax credit for individual industrial and commercial households. Specific measures include tax rebate policy, the implementation of the "six taxes and two fees" reduction and exemption policy, and support for "converting individuals into enterprises".

Reducing the tax burden on individual industrial and commercial households

Guangdong is a province with a large number of market entities and also a large province with individual industrial and commercial households. "Article 31" proposes that Guangdong will continue to implement the policy of phased reduction of unemployment and work-related injury insurance premiums. For individual industrial and commercial households with employees who are insured through units, the policy of phased reduction of unemployment insurance and work-related injury insurance premium rates will continue.

In terms of strengthening financial support, "Article 31" encourages banks to provide no less than a 50% discount on the account opening fees for the first (or designated) unit settlement account opened by individual industrial and commercial households in the same bank. Organization settlement account management fees and annual fees are waived;

Enter corporate inter-bank transfers and remittances below a certain amount with preferential fees, and cancel check production fees and loss reporting fees.

Cancel cashier's check and bank draft handling fees, production fees, and loss reporting fees. Support banks and non-bank payment institutions in implementing other payment fee reduction and exemption policies.

“*** issued 86.12 billion yuan of re-loans to support small businesses, an increase of 18.7 billion yuan year-on-year, benefiting 38,000 market entities.” said the person in charge of the Guangzhou Branch of the People’s Bank of China.

In terms of reducing the costs of individual industrial and commercial households, "Article 31" proposes to reduce the tax burden of individual industrial and commercial households and vigorously implement the end-of-period VAT refund policy.

For individual industrial and commercial households that meet the tax refund conditions in 13 key industries such as "manufacturing", "scientific research and technical services", "electricity, heat, gas and water production and supply" and other industries, continue to Vigorously implement the tax refund policy for retained tax credits.

Guangdong will also implement the "six taxes and two fees" reduction and exemption policy.

Include individual industrial and commercial households into resource tax, urban maintenance and construction tax, real estate tax, urban land use tax, stamp tax (excluding securities transaction stamp tax), cultivated land occupation tax and education surcharge.

The "six taxes and two fees" reduction and exemption policy for local education surcharges and other places is applicable to the scope of subjects, and taxes are reduced by 50% of the top bracket within the reduction range stipulated by the state.

Increase support for “converting individuals into enterprises”

Whether the business environment is good or not directly affects the confidence in the development of individual industrial and commercial households. "Article 31" proposes to support individual industrial and commercial households to directly change operators. If an individual industrial and commercial household changes its operator, it can directly apply to the market entity registration authority for change registration, and is allowed to extend the original establishment time, trade name, etc.

Guangdong will also do a good job in implementing the policy for Hong Kong, Macao and Taiwan residents to apply for individual industrial and commercial households. Actively seek support from the state to further expand the number of industries open to Hong Kong and Macao residents to apply for individual industrial and commercial households.

The business scope of applications for individual industrial and commercial households by Taiwan residents shall be based on the open industries in the mainland for individual industrial and commercial households of Hong Kong and Macao residents, and shall apply to the "31 items" list of open industries in pilot areas for the innovative development of service trade. It also proposed that individual industrial and commercial households should be promoted Credit supervision in the field of market supervision.

We will improve systems such as the disclosure of credit information for individual industrial and commercial households and the management of abnormal operating conditions, and support qualified prefectures and cities in exploring the establishment of classified management of credit risks for individual industrial and commercial households.

Promote "double random + credit" spot checks in the field of market supervision, and reduce the proportion and frequency of spot checks for individual industrial and commercial households with high credit levels and low risk levels.

Guangdong will also continue to increase its support for the transformation of individuals into enterprises. Encourage all localities to introduce relevant incentives and subsidy preferential policies based on actual conditions to support the transformation and upgrading of individual industrial and commercial households into enterprises.

If an individual industrial and commercial household transforms into an enterprise, it shall settle the taxes payable according to law, and properly handle the original claims and debts.

Enterprises that "convert individuals to enterprises" are allowed to continue to use the original font size and retain industry characteristics in accordance with the law.

Support individual industrial and commercial households to transfer the protection of their patent rights, trademark rights and other rights and interests to the name of "individual to enterprise" enterprises.

“The “Several Measures” focus on high-quality development. From the perspective of promoting the long-term development of individual industrial and commercial households, we will continue to work hard to give full play to the comprehensive role of intellectual property, quality, standardization, vocational skills training and other tools to effectively improve The competitiveness of individual industrial and commercial households will help them achieve steady and long-term development," said the Party Secretary and Director of the Provincial Market Supervision Bureau.