A few days ago, the special training meeting of Ningbo enterprises’ R&D expenses plus deduction was held in Ninghai. By 2020, there were 533 enterprises in Ninghai County enjoying the preferential policy of R&D expenses plus deduction, with the total amount of R&D expenses plus deduction reaching 1.777 billion yuan and the tax reduction of about 444 million yuan. This year, 51 high-tech enterprises in Ninghai County have been newly declared, 247 national and 277 municipal high-tech SMEs have been newly recognized, and the number of effective municipal high-tech SMEs has reached 1,656, an increase of 2.5 times over the end of the Twelfth Five-Year Plan.
“In the past two years, our company’s annual investment in R&D has been increasing, from more than 1 million yuan to more than 3 million yuan. At the same time, we have established an efficient R&D team and training base, and specially hired overseas senior technical experts and domestic technicians with decades of experience to jointly tackle key problems, aiming at speeding up the technological transformation and upgrading of R&D, occupying a place in the national mold market with superb technology and excellent CNC machine tool performance. At present, we have been preparing for the application of high-tech enterprises next year, and we are worried that we can’t find a doorway. Qin Lina, an accountant of Ningbo Dapan Precision Machinery Co., Ltd., who attended the special training meeting, listened carefully and took notes. “The application process of high-tech enterprises is a test of the high-quality development of enterprises. If it is successful, we can also enjoy the policy reward of R&D expenses plus deduction.”
In recent years, in order to further accurately implement the policy of adding and deducting R&D expenses of enterprises, effectively reduce the tax burden of enterprises, stimulate the vitality of enterprises, release the potential of enterprises, and effectively promote the high-quality economic development of the county, Ninghai Science and Technology Bureau has adopted measures such as “batch import, one-click collection”, “online transmission, one-click completion”, “system summary, one-click generation” to standardize the management of enterprise R&D projects. Since the special action of “Double Catch and Double Compare” was carried out in depth, Ninghai Science and Technology Bureau, together with experts from universities in related industries, has established a scientific and technological team to break through difficulties, and has continued to look at projects by enterprises. Through training and publicity policies, it has effectively promoted door-to-door analysis of policy matching, point-to-face policy guidance, precise training to upgrade shortcomings, and follow-up supervision of production, research and research docking, thus encouraging enterprises to increase investment in R&D, better implementing the policy of adding and deducting R&D expenses, and realizing the “double multiplication” of small and medium-sized
At the training meeting, relevant experts explained a series of scientific and technological policies, such as the new policy of adding and deducting R&D expenses of enterprises and the management measures for the identification of high-tech enterprises, and answered questions for enterprises on the spot.
(Source: Ninghai County Science and Technology Bureau)