Circular of the State Taxation Administration on Issues Concerning the Implementation of Preferential Enterprise Income Tax Treatment for Venture Capital Enterprises

Circular of the State Taxation Administration on Issues Concerning the Implementation of Preferential Enterprise Income Tax Treatment for Venture Capital Enterprises

Guo Shui Fa [2009] No. 87

April 30, 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, and to all,

With a view to implementing preferential enterprise income tax policy for venture capital enterprises and promoting the development of such enterprises, a circular on issues relating to preferential enterprise income tax treatment for venture capital enterprises is hereby given as follows:

I. Venture capital enterprises refer to enterprises or other economic organizations established within the territory of the People's Republic of China in accordance with the Interim Administrative Measures for Venture Capital Investment Enterprises (Order of Ten Ministries and Commissions including the State Development and Reform Commission [2005]No.
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