Study On Preferential Tax Policy Of High Tech Enterprises In China

Since twentieth Century, the world’s economy has developed fast. Science and technology have become the key factors which determine a country’s economic level and political status. Enhancing the capability of independent innovation and building an innovation oriented country are the major strategic choice of China when facing the modernization goal. Policy support is an important guarantee to enhance the macro regulation and play a very important role in the optimization allocation ability of independent innovation; tax policy act as the main means of governmof innovation resources, encourage enterprises to independent innovation and industrialization of scientific and technological achievements and so on, can and should play an important role in. High and new technology enterprises as an important innovation of effective should enjoy preferential tax. After the practice in different countries, effective system of tax policy to promote enterprise development.From the theory, this article proposes the concept of tax incentives of high-tech enterprises to indicate the importance to innovation of tax incentives, as well as how the role of tax incentives played in the high-tech enterprises. Based on the results of investigation and the research of analysis, this article finds out several problems which exist in current tax incentives policy, which includes that the lack of systematic in current tax incentives, the lack of incentives for SMEs, the current policy offers more direct benefits than indirect ones, the weakness in incentives for venture capital and talent, etc. Followed, the reference to the experience of foreign high-tech enterprises’ tax incentives policy, summarizes the policy that foreign companies’ promotion of innovation, support of the development of SMEs and motivation of personnel training. And thus inspiration, we should pay attention to the systematic of our tax policy and supporting start-ups and SMEs, as well as emphasis on the incentives for independent R&D and high-tech talent. Finally, propose the optimization recommendation to improve the tax system, as a foothold. Considering that we should grasp the four principle to improve tax policy. To establish around system of high-tech enterprises tax incentives, to strengthen the privilege for small and medium high-tech enterprises, to balance the directly and indirectly preferential deals of high-tech enterprises and to explore the incentives for venture capital companies and innovative talents. In addition, the author also gives specific recommendations for improving tax specification.