Submit an application for tax exemption to the local tax authorities. To declare tax exemption for the shareholders of the company, the shareholders of the company need to submit an application for tax exemption and relevant materials that meet the conditions for tax reduction and exemption to the local tax authorities. An application for enterprise income tax reduction or exemption in triplicate, mainly including the basis, scope, years, amount, purpose, expected benefits, basic information of the enterprise, and copies of enterprise financial and accounting statements, business licenses, tax registration, etc.

Tax exemption conditions for shareholders of the company: the investment is equity investment; The investee is a resident enterprise; Investment is direct investment, which mainly encourages enterprises to make direct investment and participate in production and operation.