What are the preferential policies for small and micro enterprises?

Preferential policies for small and micro enterprises include:

1. If the annual taxable income of small and low-profit enterprises does not exceed 1 10,000 yuan, it will be included in the taxable income at the reduced rate of 12.5%, and the enterprise income tax will be paid at the reduced rate of 20%;

2. For the part of small-scale low-profit enterprises whose annual taxable income exceeds 6,543,800 yuan but does not exceed 3 million yuan, the tax rate is reduced by 25% and the enterprise income tax is paid at a reduced rate of 20%.

Legal basis: Article 2 of the Enterprise Income Tax Law of People's Republic of China (PRC).

Enterprises are divided into resident enterprises and non-resident enterprises.

Resident enterprises mentioned in this Law refer to enterprises established in China according to law, or enterprises established in accordance with the laws of foreign countries (regions) but with actual management institutions in China.

The term "non-resident enterprise" as mentioned in this Law refers to an enterprise established in accordance with the laws of a foreign country (region). Its actual management institution is not in China, but it has institutions and places in China, or it has no institutions and places in China, but it has income from China.

What is the difference between small and micro enterprises and small and low-profit enterprises?

1, the tax preferential policies are different. Small and micro enterprises enjoy the preferential tax policy of value-added tax, which is aimed at enterprises or non-enterprise units with monthly sales of less than 20 thousand yuan for small-scale taxpayers of value-added tax. Small and low-profit enterprises enjoy preferential corporate income tax policies, aiming at engaging in industries that are not restricted or prohibited by the state;

2. The tax correspondence is different. Small and micro enterprises correspond to general taxpayer enterprises. The taxation of small and micro enterprises mainly reduces the burden on small and micro enterprises in terms of income tax, stamp duty and value-added tax.