First, the identification criteria of small and micro enterprises
The identification of small and micro enterprises is mainly based on the annual taxable income, the number of employees and the total assets of the enterprise. Generally speaking, enterprises with low annual taxable income, few employees and small total assets can be identified as small and micro enterprises and enjoy corresponding tax incentives.
Two. Determination of income tax rate for small and micro enterprises
The income tax rate of small and micro enterprises is not fixed at 5%. In fact, according to the national tax policy and the actual situation of small and micro enterprises, the tax rate may be adjusted. The tax authorities will formulate corresponding tax policies according to the taxable income of small and micro enterprises, industry characteristics, regional differences and other factors to encourage the development of small and micro enterprises.
Three. Preferential tax policy
In order to support the development of small and micro enterprises, the state usually introduces a series of preferential tax policies. These policies may include lowering the tax rate, raising the threshold, and reducing some taxes and fees. Small and micro enterprises can make rational use of these policies according to their own conditions, reduce tax burden and improve operational efficiency.
Four. Tax declaration and tax consultation
When paying taxes, small and micro enterprises should file tax returns on time to ensure the legality and accuracy of tax collection. At the same time, in order to better understand tax policies and preferential measures, small and micro enterprises can actively seek tax advice to ensure that their rights and interests are fully protected.
To sum up:
The income tax of small and micro enterprises is not fixed at 5%, but is determined according to the actual operation of enterprises and tax policies. Small and micro enterprises should know their own identification standards, tax rate determination methods and preferential tax policies in order to make correct decisions when paying taxes.
Legal basis:
People's Republic of China (PRC) enterprise income tax law
Article 28 provides that:
Small and low-profit enterprises that meet the requirements shall be subject to enterprise income tax at a reduced rate of 20%.
Regulations of People's Republic of China (PRC) Municipality on the Implementation of Enterprise Income Tax Law
Article 92 provides that:
The qualified small and low-profit enterprises mentioned in the first paragraph of Article 28 of the Enterprise Income Tax Law refer to enterprises engaged in industries that are not restricted or prohibited by the state and meet the following conditions:
(a) industrial enterprises, the annual taxable income does not exceed 300 thousand yuan, the number of employees does not exceed 100, and the total assets do not exceed 30 million yuan;
(2) For other enterprises, the annual taxable income does not exceed 300,000 yuan, the number of employees does not exceed 80, and the total assets do not exceed100,000 yuan.