How to calculate the depreciable life of used equipment

Enterprises purchasing used equipment, if the use of fixed assets to meet the standard, the enterprise will be the used equipment as fixed assets accounting, generally can be depreciated according to the remaining period of the depreciation period specified in the Enterprise Income Tax Law, or the enterprise's own projected use of the period to depreciate. For example, if an enterprise purchases used equipment, at the time of purchase, the previous owner has been used for 3 years, and the Enterprise Income Tax Law provides for a minimum of 5 years, it can be depreciated over 2 years.