On the first working day after the 2011 Spring Festival holiday, the State Council promulgated the "Policy to Further Encourage the Development of the Software Industry and the Integrated Circuit Industry" (hereinafter referred to as the "New 18 Document").
When the validity period of the No. 18 document expired, the timely issuance of the “New No. 18 Document†once again demonstrated the country's attitude toward supporting the development of the software and integrated circuit industries. It once again clarified the important role of the software and integrated circuit industries in the development of the national economy. Strategic Position. The promulgation of the No. 18 document in 2000 brought about a golden decade in the development of the software and integrated circuit industries. The issuance of the “New 18th Document†will create an excellent industrial environment, lay the foundation for future growth, and enable the software and integrated circuit industry to usher in a new development opportunity.
For the software industry, the preferential tax policy of the “New 18th Document†is undoubtedly the biggest bright spot. The "new 18th article" not only extends the prior software VAT preferential policies, but also proposes exemption of business tax for eligible software companies. The business tax preferential policies are adapting to the trend of software transition from products to services, and will promote the rapid growth of service companies engaged in consulting, software custom development, technical services, and software outsourcing. Analysis of research institutions said that with the implementation of the “New 18th Documentâ€, the software industry will usher in a new glory for 10 years.
For the integrated circuit industry, although there is no VAT preferential policy that most integrated circuit design companies expect to introduce, income tax and other taxation preferences have not reached the level of the developed countries and regions of the integrated circuit industry, and the overall sense of support has not increased significantly. However, the “New 18th Document†proposes that in order to improve the integrated circuit industry chain, corporate income tax incentives should be granted to qualified IC packaging, testing, key special materials companies, and integrated circuit equipment-related companies. Compared with the No. 18 document, this is undoubtedly the biggest breakthrough of the “New No. 18 Documentâ€, which greatly broadens the scope of industrial policy support and is conducive to the coordinated development of the IC industry chain. In particular, compared to the IC policy content in the 18th article, which has only one chapter, there are 8 chapters in the “New 18th Text†that cover integrated circuits, and the role of upgrading the status of the IC industry is obvious.
Regardless of software companies or IC companies, they are very concerned about the investment and financing policies. The investment and financing policy of the “New 18th Document†involves encouraging and supporting enterprises to strengthen the integration of industrial resources, supporting enterprises in guiding cross-regional reorganization of mergers and acquisitions, and actively supporting qualified software companies and integrated circuit companies to raise funds through various means such as issuance of stocks and bonds. , broaden the scope of direct financing, etc. It can be said that these policies are all expected by enterprises, but many companies are also very worried that they can not get the specific support of financial institutions and related departments and make the policy fail.
The issuance of the “New 18th Document†has given software and integrated circuit companies a certain amount of assurance. However, in order to truly play a policy role, relevant ministries and commissions that need to formulate policies must work together to come up with operational implementation rules and measures as soon as possible. .
When the validity period of the No. 18 document expired, the timely issuance of the “New No. 18 Document†once again demonstrated the country's attitude toward supporting the development of the software and integrated circuit industries. It once again clarified the important role of the software and integrated circuit industries in the development of the national economy. Strategic Position. The promulgation of the No. 18 document in 2000 brought about a golden decade in the development of the software and integrated circuit industries. The issuance of the “New 18th Document†will create an excellent industrial environment, lay the foundation for future growth, and enable the software and integrated circuit industry to usher in a new development opportunity.
For the software industry, the preferential tax policy of the “New 18th Document†is undoubtedly the biggest bright spot. The "new 18th article" not only extends the prior software VAT preferential policies, but also proposes exemption of business tax for eligible software companies. The business tax preferential policies are adapting to the trend of software transition from products to services, and will promote the rapid growth of service companies engaged in consulting, software custom development, technical services, and software outsourcing. Analysis of research institutions said that with the implementation of the “New 18th Documentâ€, the software industry will usher in a new glory for 10 years.
For the integrated circuit industry, although there is no VAT preferential policy that most integrated circuit design companies expect to introduce, income tax and other taxation preferences have not reached the level of the developed countries and regions of the integrated circuit industry, and the overall sense of support has not increased significantly. However, the “New 18th Document†proposes that in order to improve the integrated circuit industry chain, corporate income tax incentives should be granted to qualified IC packaging, testing, key special materials companies, and integrated circuit equipment-related companies. Compared with the No. 18 document, this is undoubtedly the biggest breakthrough of the “New No. 18 Documentâ€, which greatly broadens the scope of industrial policy support and is conducive to the coordinated development of the IC industry chain. In particular, compared to the IC policy content in the 18th article, which has only one chapter, there are 8 chapters in the “New 18th Text†that cover integrated circuits, and the role of upgrading the status of the IC industry is obvious.
Regardless of software companies or IC companies, they are very concerned about the investment and financing policies. The investment and financing policy of the “New 18th Document†involves encouraging and supporting enterprises to strengthen the integration of industrial resources, supporting enterprises in guiding cross-regional reorganization of mergers and acquisitions, and actively supporting qualified software companies and integrated circuit companies to raise funds through various means such as issuance of stocks and bonds. , broaden the scope of direct financing, etc. It can be said that these policies are all expected by enterprises, but many companies are also very worried that they can not get the specific support of financial institutions and related departments and make the policy fail.
The issuance of the “New 18th Document†has given software and integrated circuit companies a certain amount of assurance. However, in order to truly play a policy role, relevant ministries and commissions that need to formulate policies must work together to come up with operational implementation rules and measures as soon as possible. .
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