Two, fixed assets residual value rate regulations
1, domestic enterprises
The People's Republic of China *** and the State Provisional Regulations on Enterprise Income Tax and Implementing Rules, Article 31: the residual value of the proportion of the original value of 5% or less, determined by the enterprise itself. According to the "State Administration of Taxation on the abolition of the enterprise income tax approval project on the follow-up management of the notice" (Guo Shui Fa [2003] No. 70) the provisions of the second article of the fixed assets residual value of a uniform proportion of 5%.
2, foreign-funded enterprises
According to the provisions of Article 33 of the Rules for the Implementation of the Income Tax Law for Foreign Invested Enterprises and Foreign Enterprises, the residual value of fixed assets of foreign-funded enterprises is generally 10%.