1. If an intangible asset used as an investment or transfer has a useful life specified in the agreement and contract, it can be amortized in installments according to the useful life;

2. There is no stipulated use. The amortization period of an intangible asset that has a long life, or is self-developed, shall not be less than 10 years.

1. What is amortization of intangible assets:

Amortization of intangible assets refers to The amortization amount of intangible assets with limited service life shall be allocated systematically and reasonably within their service life. Including the amortization of intangible assets such as patent rights, trademark rights, copyrights, land use rights, and non-patented technologies.

2. Theoretical basis for amortization of intangible assets:

As a long-term asset, the ability of intangible assets to bring future economic benefits to the enterprise gradually decreases, and its value will also increase over time. Gradually reduce it during the period of use until it is completely lost. Therefore, the value of intangible assets should also be amortized. The current system stipulates that intangible assets should be amortized evenly over the estimated useful life starting from the month of acquisition.

3. The main characteristics of amortization of intangible assets:

1. The starting month of amortization of intangible assets is the current month;

2. Amortization of intangible assets The method is the straight-line method;

3. The amortization life of intangible assets is generally the estimated useful life;

4. When amortizing intangible assets, the residual value should be assumed to be zero

IV. Determination of the amortization period of intangible assets

1. Normally, the cost of intangible assets should be amortized within its estimated useful life;

2. If it is expected The useful life exceeds the beneficial life stipulated in the relevant contract or the effective life stipulated by law.

5. Accounting for amortization of intangible assets:

Intangible assets shall be used in the expected period from the month of acquisition. Amortize it over the period of time and include it in profit and loss. If the estimated useful life exceeds the beneficial life stipulated in the relevant contract or the effective life stipulated by law, the amortization life of the intangible asset shall be determined according to the following principles:

1. The beneficial life is stipulated in the contract but the effective life is not stipulated by law. , the amortization period should not exceed the beneficial period stipulated in the contract;

2. If the contract does not stipulate the beneficial period but the law stipulates the effective period, the amortization period should not exceed the effective period stipulated by the law;

3. If the contract stipulates the beneficial period and the law also stipulates the effective period, the amortization period shall not exceed the shorter of the beneficial period and the effective period.

4. If the contract does not stipulate the beneficial period and the law does not stipulate the effective period, the amortization period should not exceed 10 years.

Legal Basis

"Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China"

Article 67 The amortization of intangible assets is calculated according to the straight-line method. Sales expenses are allowed to be deducted. The amortization period of intangible assets shall not be less than 10 years. As an investment or transferred intangible asset, if the useful life is stipulated in relevant laws or contracts, it may be amortized in installments according to the prescribed or agreed useful life. Expenditures for outsourced goodwill are allowed to be deducted when the entire enterprise is transferred or liquidated.