The significance of buying land

From the perspective of economic benefits, under the situation of rising office rents and exponential growth of Internet companies, the cost of self-built office buildings may be lower; At the same time, you can enjoy the appreciation of real estate and land, especially in first-tier cities.

The most obvious example is Sohu, a once obvious company with a market value of only $680 million, but its office building is valuable. It is reported that the total area of several office buildings owned by Sohu exceeds 6,543,800 square meters.

Among them, Sohu Network Building and Sohu Media Building, located in Wudaokou and Zhongguancun, conservatively estimate that the market price has exceeded 700 million US dollars.

Policy support:

Generally speaking, China has a positive attitude towards enterprises purchasing land to build self-sustaining properties, and a series of relevant preferential policies have also been introduced in various places. From the perspective of government taxation, after an enterprise buys land in the local area to build its headquarters, the taxes and fees can only be handed over to the local government where the land is located, so the two sides have reached an exchange of relevant interests.

Moreover, since the full implementation of the reform of the camp, the value-added tax included in the new real estate of enterprises has been included in the scope of deduction. By purchasing real estate, the input tax of value-added tax can be deducted and the real estate holding cost of enterprises can be reduced.