First, implement inclusive tax relief for small and micro enterprises;

The second is to raise the threshold for small-scale VAT taxpayers;

The third is to relax the identification standards for small and micro enterprises and increase preferential treatment;

Fourth, some local taxes paid by small-scale taxpayers can be reduced or exempted;

Fifth, expand the scope of application of relevant preferential policies for start-up technology-based enterprises. For venture capital enterprises and angel investors who invest in start-up technology-based enterprises, the taxable income can be deducted by 70% of the investment.

People's Republic of China (PRC) tax collection management law

Rule three. The collection and suspension of tax, as well as the reduction, exemption, refund and overdue tax, shall be implemented in accordance with the provisions of the law; Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council. No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.