Yes, a lessee enters into a lease with a lessor for a longer period of time for the purpose of leasing equipment that the lessee selects on its own from a manufacturer or seller. In the act of equipment leasing, it is generally stipulated that, for a certain period of time (at least one year or more), the lessor legally owns the leased equipment as a prerequisite for the receipt of rent in consideration of the right to use the equipment leased to the lessee;?
The lessee has the economic right to use the leased equipment, i.e., it has the right to occupy and use the leased equipment for a specified period of time (usually referred to as the lease term), but must pay the rent on a regular basis.
Expanded InformationBy the two sides to specify the term of the lease and payment obligations, the lessor to provide the specified equipment in accordance with the requirements of the lessor, and then in the form of rent to recover all the funds of the equipment, the lessor of the equipment for the performance of the whole machine, repair and maintenance, the risk of aging and so on does not bear responsibility;
This kind of leasing method is based on the premise of financing and long-term use of the equipment, the lease period is equal to or more than the equipment's The lease period is equal to or more than the equipment's lifespan, has the characteristics of non-cancellability and long lease period, and is applicable to large machine tools, heavy construction and other valuable equipment;
The equipment of the financial lessee is the lessee's fixed assets, which can be depreciated and included in the enterprise's cost, and the leasing fee is generally not directly included in the enterprise's cost, which is paid by the enterprise after tax. However, the interest and handling fee in the leasing fee can be included in the cost of the enterprise at the time of payment, as a deduction allowed in the tax income.
Baidu Encyclopedia-Equipment Leasing