Preferential tax policies to benefit enterprises, boost innovation in Fujian
Updated: April 15, 2021 11:12english.www.gov.cn/Xinhua
Workers from the taxation bureau of the Fuzhou Economic and Technological Development Zone record basic information and preferential tax policies applicable to RICOM, an optical lens company in Fuzhou city, East China's Fujian province, April 14, 2021. The taxation bureau implemented a slew of preferential tax policies to meet enterprises' needs for innovation and development. It regularly sorts out registration records of enterprises that qualify for tax reductions or exemptions and formulates a service list for innovation-driven enterprises with tailored services, in an effort to ease their burdens and provide more support. [Photo/Xinhua]
Workers from the taxation bureau of the Fuzhou Economic and Technological Development Zone helps employees in the accounting department of RICOM, an optical lens company in Fuzhou city, East China's Fujian province, April 14, 2021. According to statistics, RICOM is expected to receive extra tax deductions on R&D costs of 23.21 million yuan ($3.56 million) in 2020. [Photo/Xinhua]