The preferential tax policy for small and micro enterprises refers to enterprises engaged in industries that are not restricted or prohibited by the state and meet the following three conditions at th

1. The annual taxable income does not exceed 3 million yuan;

2. The number of employees does not exceed 300 people;

3. The total asset amount does not exceed 50 million yuan.

Preferential policies Enterprises that meet the conditions for small and micro enterprises should calculate the taxable income at 25%, and the corporate income tax rate is paid at 20%, which is actually a tax burden of 5%, greatly reducing the burden on enterprises.

Enjoyment period: January 1, 2023 to December 31, 2027

For example: Company A is a small and micro enterprise that meets the conditions, and its taxable income is 1.9 million yuan, then:

The amount of income tax payable = 1.9 * 25% * 20% = 95,000 yuan.