Circular on Issues regarding Preferential Enterprise Income Tax Policy of Technically Advanced Service Enterprises (SAT MoF Circular 65) - 关于技术先进型服务企业有关企业所得税政策问题的通知 财税 [2010] 65号
Released and effective on November 5, 2010
On November 5, the State Administrative of Taxation (“SAT”) released a circular clarifying some preferential enterprise income tax (“EIT”) policies of the advanced technology service enterprises. This Circular was retrospectively effective as of July 1, 2010 and will be effective until December 31, 2013.
This Circular is applicable to advanced technology service enterprises that are located in Beijing, Shanghai, Tianjin, Chongqing as well as the other 17 cities in China. According to the Circular, advanced technology service enterprises can be subject to a preferential EIT rate of 15% rather than the unified 25% rate.