Circular of State Taxation Administration on Issues Concerning Implementation of Preferential Income Tax Treatment for Hi-Tech Enterprises

Circular of State Taxation Administration on Issues Concerning Implementation of Preferential Income Tax Treatment for Hi-Tech Enterprises

Guo Shui Han [2009] No. 203

April 22, 2009

Offices of the State Taxation Administration and local taxation bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the State plan,

In order to implement preferential income tax treatment for hi-tech enterprises and the transitional preferential policies thereof, a circular on relevant issues is hereby given as follows in accordance with the Law of the People's Republic of China on Enterprise Income Tax (hereinafter referred to as Enterprise Income Tax Law) and Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China (hereinafter referred to as Implementing Regulations) and related tax provisions:

I. As for the high-tech enterprises for which income tax is imposed at the reduced tax rate of 15% or that enjoys transitional preferential tax in light of the Circular of the State Council on Implementing Transitional Preferential Enterprise Income Tax Policy for Newly-established High-tech Enterprises in Special Economic Zones and the Pudong New Area of Shanghai (Guo Fa [2007]No.
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