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New Revenue Policy: 70% of Taxation Payable Can Be Exempt for VC Funds
ChinaeCapital Inc.:
This February, the State Department of PRC issued Notice of Supporting Policies about the Implementation of < National Medium and Long-term Science and Technological Development Plan Summary (2006-2020) >, to strengthen innovation enterprises' financial backing and capital market supporting construction. Insiders disclosed that New Revenue Policy has been established and may be issued sometime in July The policy stipulates that VC funds investing in small and medium-sized high tech enterprises can be exempt as much as 70% of the toal taxation payable.
It is said that supporting policies such as Insurance Institution Venture Capital & Funds Management, Security Institution Venture Capital & Funds Management, Small and Medium ā?sized Enterpriseā?Debenture Issue will be issued soon.
Oversea Investment for Startup Company, Foreign PRC Technology Venture Capital, Oversea PRC Technology Venture Capital
ChinaeCapital has an excellent programs for enabling eBusiness owners, potential eBusiness buyers and sellers to come together and identify business opportunities for their on-line assets.
We have an extensive network of industry connections and commercial relationships with eBusiness owner and eBusiness buyers throughout the world.
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China eBusiness, China Internet, China ITChinaeCapital Inc.:Foreign PRC Technology Venture Capital, Foreign Investment, Oversea PRC Technology Venture Capital, Oversea Investment
Oversea Investor, Foreign PRC Technology Venture Capital, Foreign Investment for Startup Company, Oversea PRC Technology Venture Capital ChinaeCapital has an excellent programs for enabling eBusiness owners, potential eBusiness buyers and sellers to come together and identify business opportunities for their on-line assets.
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