Fiscal And Tax Policy Research On Financing Of Small And Micro Enterprises

Small and micro enterprises are the main driving force for the economic and social development in the future.The practice of economic development shows that,the development of small and micro enterprises plays an important role in expanding employment,stimulating consumption, economic restructuring and other aspects.And small and micro enterprises have occupied most of the market.However, the development of small and micro enterprises in the process, there are many difficulties,financing problem has become the main factor restricting the development of small and micro enterprises.The funds provided by the financial institutions in the market can not meet the development of small and micro enterprises,this is the phenomenon of market failure.However, the government has an important role in resolving the market failure.Therefore, the supply and demand balance of the market should be regulated by means of fiscal and taxation.The financing behavior of small and micro enterprises is divided into exogenous and endogenous financing,there are some limitations in the two ways.The accumulation of capital in the process of endogenous financing is slow, and there are many factors in the process of exogenous financing,for small and micro enterprises need the help of government.Although the central government in order to solve the problem of small and micro enterprises financing difficulties, give the biggest support in terms of tax policy and fiscal policy, reduce the cost of financing Small and micro businesses, on the other hand, increasing the Small and micro businesses financing policy guarantee. However, the current policy still exist many problems.Zhengzhou’s small and micro enterprises to develop very fast,in this paper, through the analysis of small and micro enterprises in Zhengzhou, and through the analysis, the conclusion that there is a shortage of funds and financing difficulties of small and micro enterprises in Zhengzhou city.In recent years, the government of Zhengzhou in the development of small and micro enterprises, through active exploration, forming a "1+4" mode of work, and achieved good results.But small and micro enterprises are facing the situation is still very grim.the reason is that the financial system, business management concepts, mortgage collateral assets, bank credit risk and other internal factors, and financial institutions, capital markets, credit guarantees, government policies and other external factors.Therefore, the government how to continue to support the development of small and micro enterprises, this paper puts forward some suggestions from fiscal and tax policy.