The central government has continuously increased

The central government continues to increase its support for small and medium-sized enterprises

release date: Source: Ministry of Finance browse times: 6762 copyright and disclaimer

core tip: small and medium-sized enterprises are the new force of national economic and social development, and an important force to expand employment, improve people's livelihood, and promote innovation and entrepreneurship. In accordance with the relevant work arrangements of the Party Central Committee and the State Council, as well as the relevant work arrangements of the leading group of the State Council for promoting the development of small and medium-sized enterprises, the Ministry of finance has continuously increased its support for small and medium-sized enterprises in terms of tax reduction and fee reduction, promoting innovation and entrepreneurship upgrading, financing support, and creating a fair competitive market environment

small and medium-sized enterprises are a new force for national economic and social development and an important force for expanding employment, improving people's livelihood and promoting innovation and entrepreneurship. In accordance with the relevant work arrangements of the Party Central Committee and the State Council, as well as the relevant work arrangements of the leading group of the State Council for promoting the development of small and medium-sized enterprises, the Ministry of finance has continuously increased its support for small and medium-sized enterprises in terms of tax reduction and fee reduction, promoting innovation and entrepreneurship upgrading, financing support, and creating a fair competitive market environment

I. continue to promote tax reduction and fee reduction

(I) implement inclusive tax relief for small and micro enterprises. It is clear that small-scale VAT taxpayers with monthly sales of less than 100000 yuan will be exempted from VAT, and the standards for small and low profit enterprises enjoying preferential corporate income tax will be greatly relaxed and the incentives will be increased

(II) reduce the VAT rate. Lower the VAT rate, reduce the original 16% tax rate in manufacturing and other industries to 13%, and reduce the original 10% tax rate in transportation and construction industries to 9%; Expand the scope of VAT input tax deduction; For the production and living service industry, 10% of the input tax shall be added to offset the tax payable, and the proportion of the living service industry shall be increased to 15% in due course; Gradually establish a tax rebate system for the amount of value-added tax retained at the end of the period

(III) improve preferential tax policies to support innovation. For example, a low corporate income tax rate of 15% will be granted to high-tech enterprises; On the basis of actual deduction before tax, 75% of the enterprise's R & D expenses can be added and deducted before tax; Expand the industry scope of the preferential policy for accelerated depreciation of fixed assets to all manufacturing sectors; The pilot tax preferential policies for venture capital enterprises and angel investors will be extended to the whole country

(IV) increase efforts to reduce fees. From july1,2019, some real estate registration fees will be reduced, and the scope of patent applicants and patentees who reduce patent fees will be expanded; Reduce some trademark registration fees, entry-exit license fees, and radio frequency occupation fees for electric power and car couplets; Reduce the collection of construction fees for cultural undertakings, construction funds for major national water conservancy projects, and civil aviation development funds for airlines. From January 1st, 2019, the pilot enterprises included in the construction and cultivation of industry education integrated enterprises will be exempted from education surcharges and local education surcharges according to the specified proportion. In addition, we cooperated with relevant departments to study, improve and report to the State Council Office for printing and distributing the comprehensive plan for reducing social insurance premium rates, which greatly reduced the payment burden of enterprise social insurance. It is estimated that the cost of basic endowment insurance, unemployment insurance and work-related injury insurance for enterprise employees, such as chlorinated fatty acids, will be reduced by more than 380billion yuan in nine years

in the month of 2019, the value-added tax reform increased the tax reduction by 703.5 billion yuan, and the inclusive policy for small and micro enterprises increased the tax reduction by 182.7 billion yuan

II. Strengthen financial support

the central government will allocate 7.2 billion yuan of special funds for the development of small and medium-sized enterprises in 2019, mainly to support the construction of public service system and financing service system for small and medium-sized enterprises. Among them, 4.2 billion yuan is allocated to support the construction of public service system for small and medium-sized enterprises. It mainly supports the creation of innovation and entrepreneurship platforms, and focuses on supporting the real economy development zones to create different types of innovation and entrepreneurship carriers, such as large, medium and small-sized enterprise financing and scientific and technological resource support. On the basis of supporting 100 development zones in 2018, it supports 58 new development zones to improve the market-oriented and professional service level of various carriers. At the same time, it supports the docking of entrepreneurship and innovation resources on the platform of "maker China" and other mass entrepreneurship and innovation events. RMB 3billion was allocated to support the construction of the financing service system for small and medium-sized enterprises. For provinces with financing guarantee rates of small and micro enterprises not exceeding 2% in the previous year, RMB 3billion will be awarded and supplemented

in addition, the financing and labor costs of small and medium-sized enterprises are reduced and the scientific and technological research and development activities of small and medium-sized enterprises are supported through the special fund for inclusive financial development, the employment subsidy fund, the central guidance fund for local scientific and technological development, the central financial science and technology plan (special fund) and other funds

III. drive social investment through government investment funds

(I) National Development Fund for small and medium-sized enterprises. According to the establishment plan approved by the State Council, the central government has invested 15billion yuan to drive social capital to form a national development fund for small and medium-sized enterprises with a total scale of 60billion yuan. By the end of June 2019, the central government had supported the establishment of four direct investment fund entities, with a total scale of 19.5 billion yuan, of which 4.8 billion yuan had been subscribed by the central government. By the end of September 2019, 255 projects had been invested and 8.3 billion yuan had been invested, of which 78% had been invested in seed stage and start-up stage enterprises. At present, the Ministry of finance is cooperating with the Ministry of industry and information technology to promote the establishment of the master fund of the National SME development fund

(II) national emerging industry venture capital guidance fund. In accordance with the spirit of the reply of the State Council, the state subscribed 13.5 billion yuan to form a national venture capital guidance fund for emerging industries with a total scale of 67.05 billion yuan, and set up three fund entities. By the end of September 2019, the company had actually invested 18.8 billion yuan, participated in 152 venture capital funds and 29 direct investment projects, and supported more than 2000 early and medium-term start-up enterprises, effectively alleviating the financing difficulties of enterprises

(III) state financing guarantees funds through various means. Work with relevant parties to promote the establishment of a 66.1 billion yuan national financing guarantee fund, guide government financing guarantee institutions to play a role, and establish a multi-level risk sharing mechanism and business linkage mechanism between banks and guarantee institutions, as well as guarantee institutions at the central, provincial, municipal and county levels. By the end of September 2019, the first two phases of the national financing guarantee fund had contributed 33.1 billion yuan, and the fund re guarantee business had exceeded 210 billion yuan in total. In 2019, the fund re guarantee cooperation business had completed 174.81 billion yuan in total, and the loan guarantee amount of small and agricultural support business accounted for 96.50% of the total re guarantee cooperation business in the same period

IV. optimize the business environment for small and medium-sized enterprises

(I) increase the share of small and medium-sized enterprises in obtaining government procurement contracts. The competitiveness of small and medium-sized enterprises to participate in government procurement activities will be improved by taking measures such as reserving shares for small and medium-sized enterprises including system engineering, preferential evaluation, encouraging consortium bidding, encouraging subcontracting, prohibiting differential or discriminatory treatment for small and medium-sized enterprises based on the size of suppliers, and actively supporting the financing of government procurement contracts for small and medium-sized enterprises. In 2018, the contract amount awarded to small, medium and micro enterprises by national government procurement was 2748.86 billion yuan, accounting for 76.7% of the national government procurement scale. The Ministry of finance is working with relevant departments to revise the Interim Measures for government procurement to promote the development of small and medium-sized enterprises, and further improve the government procurement policy to support the development of small and medium-sized enterprises

(II) clearing the accounts owed to private enterprises and small and medium-sized enterprises. In december2018, the Ministry of Finance issued the notice on clearing the arrears of small and medium-sized private enterprises, requiring local financial departments to urge relevant departments, units and enterprises to strengthen the investigation of Wu Guanghui, deputy general manager of COMAC, and sort out the arrears by categories. Since the beginning of this year, the Ministry of finance has further studied and improved relevant fiscal policies, put forward a series of measures such as reducing general expenditure, invigorating the financial stock funds, appropriately increasing the proportion of the state-owned capital operating budget transferred to the general public budget, and supported relevant departments, localities and enterprises to promote debt clearance. In April this year, the Ministry of Finance issued relevant work notices, and all departments and enterprises have established a submission mechanism for monthly statements of account settlement as required. On this basis, the Ministry of finance has continuously strengthened its supervision through monthly reporting of the ranking of debt settlement work, monthly and quarterly work promotion meetings, and letters. By the end of September, the departments of the State Council and enterprises under the supervision of the Ministry of Finance had repaid 5.576 billion yuan in arrears, with a repayment progress of 86%

(III) deepen the reform of fiscal "decentralization, management and service". The list of administrative licensing matters of the Ministry of finance has been further adjusted and improved. In line with the principle of "reducing when necessary and releasing when appropriate", 80% of the administrative approval matters of the Ministry of finance at the same level have been simplified, and all intermediary services and pre-approval matters of the financial department have been cancelled. In order to implement the reform requirements of "separation of certificates and licenses" in an all-round way, the measures for the practice license and supervision and administration of accounting firms were revised, the application materials were simplified, and the inter provincial migration procedures of accounting firms were simplified, realizing "one trip at most". The notice on implementing the reform of "separation of certificates and licenses" and optimizing the access services of the accounting industry was issued, requiring that the approval time limit and materials be reduced in the approval of the establishment of accounting firms and branches and the approval of bookkeeping business. We will do a good job in the in-process and post event supervision of accounting personnel after the cancellation of accounting qualification, and strengthen the integrity construction, continuing education, industry association management and self-discipline management of accounting personnel. We formulated and promulgated the detailed rules for random inspection by the Ministry of finance, comprehensively promoted the "double random and one public" and made the inspection information public to the public as required. We have promoted the construction of "Internet + supervision". In accordance with the reform requirements of "one office for all", we have revised the departmental rules, such as the administrative measures for agency bookkeeping, the administrative measures for the practice license and supervision of accounting firms, and the administrative measures for the financial supervision of the asset appraisal industry. The filing management of asset appraisal institutions and their branches has been fully handled