Opinions of Fujian Provincial People’s Government on the Accelerated Development of Modern Services

Minzheng [2016] No. 3
From:Fujian Provincial People’s Government Date:2017-09-06【Font:large regular

Excerpts: The municipalities and Pingtan Comprehensive Pilot Zone should establish a certain number of Provincial Services Clusters, anchored by priority sectors of modern services, featuring clearly defined functions and strong exemplary effects, in an orderly manner. Each certified Provincial Services Cluster is entitled to no less than 5 million RMB of financial assistance sustained by the Provincial Services Development Guiding Fund, to support the development of the infrastructure and the public service platform. The rules of such certification will be formulated under the joint efforts coordinated by Fujian Development and Reform Commission. 

From January 1, 2016 through December 31, 2017, if the annual taxable incomes for a qualified small and micro producer service provider stand at 300 thousand RMB or less, the annual taxable incomes should be deducted by 50% when the corporate income tax is calculated and the applicable tax rate should be 20%. The certified new and high technology enterprises among the state-level technology- and innovation-oriented producer service providers (platforms, centers and bases) involved with research and development, inspection, examination and certification, energy conservation and environmental protection, etc., should enjoy the preferential corporate income tax rate of 15%. 

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