1, increase tax reduction and fee reduction;
2. Reduce the production and operation costs of enterprises;
3. Develop domestic and international markets;
4. Enhance the professional ability of small and medium-sized enterprises;
5. Strengthen financing services for SMEs;
6. Optimize SME services.
Specific to each tax type, the policies are as follows:
1. Value-added tax: Small-scale taxpayers whose monthly sales amount is less than 654.38+10,000 yuan (tax paid quarterly, quarterly sales amount is less than 300,000 yuan) are exempt from value-added tax.
2. Enterprise income tax: the part of the annual taxable income of small and low-profit enterprises does not exceed 6,543,800 yuan, which is included in the taxable income at a reduced rate of 25%, and the enterprise income tax is paid at a rate of 20%; If the annual taxable income exceeds 6,543,800 yuan but does not exceed 3 million yuan, it will be included in the taxable income at a reduced rate of 50%, and enterprise income tax will be paid at a reduced rate of 20%.
Legal basis:
Preferential tax policies for small and micro enterprises in Shanghai
Article 1 Intensify tax reduction and fee reduction, and fully implement the national tax reduction policy. The policy of reducing or exempting small-scale taxpayers from value-added tax, public transportation, catering and accommodation, tourism and entertainment, culture and sports will be extended to the end of 2020. The income tax of small and low-profit enterprises can be extended to the first reporting period of 202 1. Fully implement the national fee reduction policy. The policy of exempting small and medium-sized enterprises and individual industrial and commercial households from participating in the insurance from paying pension, unemployment and work-related injury insurance units will be extended to the end of 2020. The introduction of individual industrial and commercial households and all kinds of flexible employees who are insured as individuals can voluntarily postpone the basic old-age insurance premium in 2020. The policy of exempting import and export goods from port construction fees and halving the compensation fund for oil pollution damage from ships will be extended to the end of 2020. Increase local tax reduction and fee reduction. Continue to implement the relevant provisions of this Municipality on minimizing the relevant tax and fee policies within the local authority within the scope prescribed by the state.