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162 Software Companies Will Enjoy Preferential Tax Policies
March 21, 2008 |
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China's State Development and Reform Commission, Ministry of Information Industry, Ministry of Commerce and State Administration of Taxation have jointly released a list of key software enterprises to enjoy preferential taxation.
According to the list, 162 software companies will be eligible to receive the preferential taxation and they include China Software, UFIDA, Bright Oceans Corporation, Handsun Electronics, Digital China, Chinasoft International, Founder International and Kingsoft.
According to China's regulation on encouraging the development of the software and integrated circuit industry, these companies will pay 10% less on their income taxes.
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