On The Venture Capital And Law Of The Taxation In China

The current world has entered a new era of intellectual economy. As the core of intellectual economy High-tech industry, which is one of the biggest and most important economic powers of any advanced economy, has become a pillar of economic development gradually. In comparison with those traditional industries, high-tech industry is with the obvious characters of high input, high risk and high income. Compatible with the "three-high" character of high-tech industry, a kind ofnew financing mechanism-venture capital. Venture Capital, its abbreviation is"VC", is a kind of investment a behavior to offer the capital of stock right to new extremely potential enterprises or the small and medium-sized enterprises (mainly about new high-tech enterprise).It is proved by the economic practice of different countries that the development of venture capital trade is the key to realize high-tech industrialization.Venture capital in China started with its development in the 80's in the 20th century. After almost twenty years, venture capital is still in start stage totally. Due to some unsolved problems in venture capital development, the status quo of venture capital in china is not ideal. The imperfection of tax policy is one of the factors that restrict the development of venture capital in china. Venture capital lacks strong support of tax policy. So along with the rapid development of high-tech industry, Chinese venture capital trade need to establish a favorable macroeconomic environment, especially a favorable tax policy environment which is a significant content of the process of high-tech industrialization.Consisting of the four parts as the main body and the conclusion, the article aims to tackle with this issue: to establish a comprehensive legal and legal system governing the venture capital taxation is of immeasurable value to healthy development of china's venture capital trade. By studying on laws governing venture capital selects the legal systems on venture capital taxation of multiple countries and by analyzing the current situation and problems in china, some countermeasures on taxation law are put forward.Part one is the summarization of venture capital. It analyzes characteristics of venture capital by defining it.Part two is the effect of tax on venture capital. As one of the most important policy instruments used by government to macro regulate the economy, tax law canwork with the progress and development of venture capital.Part three is the status quo and problem of tax law on venture capital. The article reviews the venture capital's development history in china , introduces contents about tax law on venture capital and analyzes the problems of tax law on venture capital.Part four is consummation of tax law on venture capital of china. Based on the problem of tax law on venture capital, the fourth part puts forward tax law promoting the development of venture capital in china. Venture capital in our country is still at primary stage, and it needs the great support of government. It is necessary for venture capital in our country to be offered good legal environment and clear policy guidance.