Software copyright registration

1. Starting from January 1, 2006, newly established high-tech enterprises within the State-level New High Level Technology Industrial Development Zone are exempted from enterprise income tax for two years from the year they start to make profits. After the exemption period, the enterprise income tax will be levied at a reduced rate of 15%. For these enterprises, the profit-making year starts to be calculated from the first tax-paying year when they gain profit after production and operation commence. If there is a loss in the early stage of establishment, it can be offset according to the tax law regulations annually, and the profit-making year starts to be calculated from the first tax-paying year with profit after offset.

- "Notice of the Ministry of Finance and the State Administration on Relevant Enterprise Income Tax Preferential Policies for Enterprise Technology Innovation" (CaiShui [2006] No. 88)

2. For high-tech enterprises that experience an increase of over 10% (including 10%) in technical development expenses compared to the previous year, upon approval by the competent tax authority, they may deduct 50% of the actual amount of technical development expenses from their taxable income for the current year.

- Article 11 of "Several Provisions of Beijing Municipality on Further Promoting the Development of the High-Tech Industry" Jing Zheng Fa [2001] No. 38

3. The income obtained by entities and individuals engaged in technology transfer, technology development business, and related technology consultation and technical services in this city is exempt from business tax; for those engaged in software copyright transfer business and software research and development business, business tax will also be exempted in accordance with the provisions for technology transfer and technology development business.

- Article 12 of "Several Provisions of Beijing Municipality on Further Promoting the Development of the High-Tech Industry" Jing Zheng Fa [2001] No. 38

4. Professional and managerial talents from other provinces and cities required by high-tech enterprises and high-tech achievement transformation projects in this city, upon approval by the Municipal Personnel Bureau, will be issued with a "Work Residence Permit" and enjoy the treatment of citizens of this city. Those who have held the "Work Residence Permit" for three years and are recommended by their employers and approved by relevant departments can go through the procedures for transferring to Beijing.

- Clause One of Article Four of "Several Provisions of Beijing Municipality on Further Promoting the Development of the High-Tech Industry" Jing Zheng Fa [2001] No. 38