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China Mulls Up to 10-yr Tax Break for Integrated Circuit, Software Developers
In the latest policy guidance to encourage integrated circuit and software industries, Chinese State Council stipulated that integrated circuit manufacturers with 15+ years of oper...
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China Mulls Up to 10-yr Tax Break for Integrated Circuit, Software Developers
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2020/08/05 09:10
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In the latest policy guidance to encourage integrated circuit and software industries, Chinese State Council stipulated that integrated circuit manufacturers with 15+ years of operation history and circuit wire width less than 28nm will be entitled to corporate tax break from the first to tenth year.

Other key integrated circuit design houses and software developers under the incentive program shall enjoy tax holiday from the first profitable year to the fifth and be subject to 10% corporate tax concession for the years thereafter.
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