1. Domestic and foreign equity investment funds and equity investment fund management enterprises registered in this Municipality:
(1) Partnership equity funds and partnership management enterprises do not take income tax as the main body, and adopt the method of "dividing income tax first". Partners pay individual income tax or enterprise income tax respectively.
(2) The individual income tax payable by the partners of the partnership equity fund and the partnership management enterprise shall be withheld and remitted by the partnership equity fund and the partnership management enterprise. Among them, the personal income distributed by the legal entity shall be withheld and remitted by the entity.
(3) Income obtained by individual partners in the partnership equity fund shall be subject to individual income tax at the rate of 20% according to the items of "income from interest, dividends and bonuses" or "income from property transfer".
(4) The dividends, bonuses and other investment income obtained by the partnership equity fund from the invested enterprise belong to the after-tax income of paid enterprise income tax, which can be directly distributed to the legal person partners according to the partnership agreement, and the enterprise income tax is implemented according to relevant policies.
2. If the general partner of a partnership equity fund meets one of the following conditions, business tax shall not be levied:
(1) invest in intangible assets and real estate, participate in the profit distribution of the recipient, and * * * share the investment risks;
(2) Equity transfer.
3. Encourage and support equity funds or management enterprises engaged in venture capital business to put on record in accordance with the Interim Measures for the Administration of Venture Capital Enterprises (Order No.39 of ten ministries and commissions including the National Development and Reform Commission), and enjoy the support of national preferential tax policies in accordance with Article 31 of the Enterprise Income Tax Law and Article 97 of the Regulations for the Implementation of the Enterprise Income Tax Law.
4. An industrial investment fund management enterprise established with the approval of the State Council or the competent department of the state and registered in this Municipality meets the following conditions, and enjoys the Opinions on Promoting the Development of the Financial Industry in the Capital (J.F.G. [2005] 197) and the Detailed Rules for the Implementation of the Opinions on Promoting the Development of the Financial Industry in the Capital (J.F.G. [2005] No.2736) with reference to financial enterprises.
(1) Household registration in this city;
(2) The equity fund initiated by it is registered in this city, which complies with the relevant provisions of the state, and the accumulated paid-in capital is more than 500 million yuan;
(3) The investment field conforms to the industrial policies of the state and this Municipality.
5, the municipal government to give equity funds or management of enterprises related personnel incentives, exempt from personal income tax.
Policy Name: Opinions on Promoting the Development of Equity Investment Fund Industry (Beijing Finance Office [2009] No.5)
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Tianjin
1. Partnership equity investment funds and partnership equity investment fund management enterprises can adopt the method of "after tax first", and the partners pay individual income tax or enterprise income tax respectively.
2. In the partnership equity investment fund established by the limited partnership system, the natural person limited partner shall, in accordance with the relevant provisions of the state, collect personal income tax according to the items of "interest, dividends and bonus income" or "income from property transfer", and the tax rate shall be 20%; If a natural person's general partner not only conducts partnership business but also contributes to the fund, the tax rate for the part of investment income or equity transfer income is 20% if the income obtained can be clearly divided; If the partner is a legal person or other organization, the enterprise income tax shall be paid according to the relevant policies and regulations.
Applicable conditions for enterprises:
Applicable to domestic, overseas, Chinese and foreign equity investment funds and equity investment fund management institutions (including industrial investment fund management institutions) registered in this Municipality.
Policy name:
Notice of Tianjin Municipality on Several Measures to Promote the Development of Equity Investment Fund Industry (No.45 [2009] of Tianjin Municipality)
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Shanghai
In 2008, 20 1 1 revised the issue that a natural person limited partner should pay personal income tax at the rate of 20% in accordance with the Individual Income Tax Law of People's Republic of China (PRC) and its implementing regulations.
Policy Name: Notice on Industrial and Commercial Registration of Equity Investment Enterprises in this Municipality (Revised) (No.[2011]/? p=379
Chongqing
1. The partnership equity investment enterprise is not the taxpayer of enterprise income tax, and its operating income and other income are divided first and then taxed, and the partners pay income tax separately. Individual income tax payable by partners shall be declared and paid by investors to the competent tax authorities in the place where the partnership enterprise actually operates and manages. Among them, the natural person limited partner who does not carry out enterprise partnership affairs shall pay personal income tax according to the taxable items of "interest, dividends and bonus income" in accordance with the provisions of the Individual Income Tax Law of People's Republic of China (PRC) and its implementing regulations, and the tax rate of 20% shall apply. Dividends, bonuses and other investment income obtained by a partnership equity investment enterprise from the invested enterprise belong to the after-tax income of the invested enterprise, which can be directly distributed to legal person partners according to the partnership agreement, and its enterprise income tax is implemented according to relevant policies.
2. Income from equity investment and equity transfer of non-listed companies obtained by equity investment enterprises, and the transfer of equity of non-listed companies by partners is not subject to business tax.
3. Investors who invest more than100,000 yuan in partnership equity investment enterprises will be rewarded by the municipal finance according to 40% of the tax retention paid by their equity investment income; Investment projects in Chongqing will be rewarded by 60%. The local retained part of the county-level incentives shall be determined by the relevant districts and counties (autonomous counties) in combination with the actual situation.
4. Equity investment enterprises established in China according to the Interim Measures for the Administration of Venture Capital Enterprises and the Provisions on the Administration of Foreign-invested Venture Capital Enterprises shall enjoy preferential tax policies in accordance with the relevant provisions of the state.
Policy Name: Notice of the General Office of Chongqing Municipal People's Government on Printing and Distributing the Implementation Measures for Further Promoting the Development of Equity Investment Enterprises in Chongqing (Yu Ban Fa [2065438+02] No.307)
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Nanjing
1. Individual income tax shall be levied on natural person general partners who carry out limited partnership affairs with partnership equity investment funds according to the project of "income from production and operation of individual industrial and commercial households" at the five-level progressive tax rate of 5%-35%. A natural person limited partner who does not carry out the partnership affairs of a limited partnership enterprise shall collect personal income tax at a reduced rate of 20% according to the items of "income from interest, dividends and bonuses".
2. Newly registered equity investment funds and equity investment fund management institutions shall, from the profit-making year, pay the part of the local retained financial resources formed by enterprise income tax, with subsidies of 80% in the first two years and 40% in the last three years.
3. Newly registered equity investment funds and equity investment fund management institutions pay business tax to form the local retained financial part, which will be subsidized by 100% in the first two years and 50% in the last three years.
4. If the newly registered equity investment fund management institution serves as the chairman, vice chairman, general manager, deputy general manager and other senior management personnel, the local retained financial resources formed by the personal income tax paid by it will be subsidized by 40%.
Policy Name: Implementation Measures for Promoting the Development of Equity Investment Funds in this Municipality (Annex 4 of Several Opinions of Nanjing Municipal People's Government on Further Accelerating the Reform, Innovation and Development of Financial Industry, Ning [201] No.73)
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Shenzhen
1. Partnership equity investment funds and partnership equity investment fund management enterprises do not take income tax as the main body, and adopt the method of "dividing first and then paying taxes". Partners pay individual income tax or enterprise income tax respectively.
2. Partnership equity investment funds and equity investment fund management enterprises, natural person general partners carry out the partnership affairs of limited partnership enterprises, and pay individual income tax according to the item of "income from production and operation of individual industrial and commercial households" at the five-level progressive tax rate of 5%-35%. A natural person limited partner who does not carry out the partnership affairs of a limited partnership enterprise shall collect personal income tax at a reduced rate of 20% according to the items of "income from interest, dividends and bonuses".
3. The dividends, bonuses and other investment income obtained by the partnership equity investment fund from the invested enterprise belong to the after-tax income after paying the enterprise income tax, which can be directly distributed to the legal person partners according to the partnership agreement, and the enterprise income tax is implemented according to relevant policies.
4. The general partners of the partnership equity investment fund invest in shares with intangible assets and real estate, participate in the profit distribution of the investors, share the investment risks, and do not levy business tax; No business tax is levied on equity transfer.
5. Equity investment funds and equity investment fund management enterprises have invested in unlisted small and medium-sized high-tech enterprises for more than 2 years (including 2 years) by means of equity investment. Those who meet the requirements of the Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Preferential Income Tax for Venture Capital Enterprises (Guo Shui Fa [2009] No.87) can deduct the taxable income of enterprises according to 70% of their investment in small and medium-sized high-tech enterprises.
Applicable conditions for enterprises:
Applicable to domestic, overseas, Chinese and foreign equity investment funds, equity investment fund management enterprises and private equity investment fund management enterprises registered in this Municipality, and meet the following conditions:
The registered capital (capital contribution) of the equity investment fund is not less than RMB 654.38+0 billion, and the mode of capital contribution is limited to monetary form, and the first-phase capital in place is not less than RMB 50 million. Shareholders or partners shall contribute capital in their own names. Among them, the contribution of a single natural person shareholder (partner) is not less than 5 million yuan.
Policy name:
Notice of Shenzhen Municipal People's Government on Printing and Distributing Several Provisions on Promoting the Development of Equity Investment Fund Industry (Shenfu [2065 438+00] 103No.)
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Notice on Further Supporting the Development of Equity Investment Fund Industry (Shen Fu Ban [2065 438+00] 100No.)
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Ningbo
1. For equity investment enterprises and equity investment management enterprises, 50% of the local retained corporate income tax paid by corporate enterprises and 50% of the local retained personal income tax paid by partnership enterprises will be rewarded by the finance at the same level in the form of subsidies; Senior management personnel at or above the deputy division level of an enterprise shall be rewarded by the finance at the same level according to 50% of the local retained part of individual income tax paid by them in the form of subsidies. Counties (cities) and district governments may also give one-time start-up fee subsidies to equity investment enterprises and equity investment management enterprises that have settled in the local area. Enterprises shall enjoy this policy within 5 years from the date of industrial and commercial registration.
2. Equity investment enterprises and equity investment management enterprises that have settled in the financial service center of East New Town can enjoy the relevant policies of Several Policy Opinions on Attracting Financial Institutions to Settle in the Financial Service Center of East New Town (Yong Zheng Ban Fa [2008]147).
(1) For financial institutions and financial supporting service institutions newly introduced from outside the city and stationed in financial service centers, 50% subsidy will be given to the locally retained part of business tax and enterprise income tax within two years from the date of opening, and 30% subsidy will be given in the third to fifth years.
For the municipal financial institutions that moved into the financial service center from other parts of the city, if they signed an intention agreement with Dongtou Company before the end of February 65438+2009, the tax actually paid in 2009 will be used as the base to subsidize the tax increment. The contents and standards of subsidies shall be implemented with reference to the newly introduced institutions mentioned in the preceding paragraph.
(2) The newly introduced or moved senior executives of financial institutions' headquarters and regional headquarters at or above the deputy level shall be rewarded with housing subsidies according to 50% of the local retained part of their personal income tax, and the period shall not exceed 5 years; Relevant incentive funds issued by local governments shall be exempted from personal income tax with the approval of tax authorities.
3. Equity investment enterprises that meet the Opinions of Ningbo Municipality on Promoting the Development of Venture Capital (Yongfa [2007]131No.) may apply for investment to deduct taxable income. When venture capital enterprises apply for investment deduction of taxable income, small and medium-sized high-tech enterprises can invest 70% of their investment in small and medium-sized high-tech enterprises if the funds used for research and development of high-tech and its products account for more than 5% (including 5%) of their sales in the current year and meet the relevant provisions of the Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on Promoting the Development of Venture Capital Enterprises (Caishui [2007] No.31).
Policy Name: Notice on Printing and Distributing Several Opinions on Encouraging the Development of Equity Investment Enterprises (Yongjinban [2008] No.9)
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Hunan
The operating income and other income of an equity investment enterprise established in the form of limited partnership shall be paid separately by the partners in accordance with the relevant tax regulations of the state. Among them, the general partner of a natural person who carries out the partnership affairs of a limited partnership enterprise shall, in accordance with the provisions of the Individual Income Tax Law of People's Republic of China (PRC) and its implementing regulations, apply a five-level progressive tax rate of 5%-35% to the taxable items of "income from production and operation of individual industrial and commercial households" to calculate and collect individual income tax. For natural person limited partners who do not carry out business partnership affairs, the income from equity investment obtained from limited partnership enterprises shall be subject to personal income tax at a reduced rate of 20% in accordance with the Individual Income Tax Law of People's Republic of China (PRC) and its implementing regulations.
Policy Name: Opinions of Hunan Provincial People's Government on Further Accelerating the Development of Capital Market (Xiang [2065 438+00] 1No.)
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Jilin province
1. For the partnership equity investment fund established by limited partnership, individual income tax is levied on natural person limited partners in accordance with relevant state regulations, and the applicable tax rate is 20%. If a natural person general partner (GP) is engaged in partnership business and is also a fund contributor, the tax rate for the part of investment income or equity transfer income is 20% if the income obtained can be clearly divided.
2. If the partner is a legal person or other organization, the enterprise income tax shall be paid according to the relevant policies and regulations. If a venture capital enterprise invests in unlisted small and medium-sized high-tech enterprises in this province for more than two years by means of equity, it can deduct the taxable income of the venture capital enterprise in the year when the equity has been held for two years, and if it is insufficient in that year, it can be carried forward to the next tax year for deduction. Equity investment losses incurred by equity investment management enterprises due to the recovery, transfer or liquidation of equity investment may be deducted before tax in accordance with the provisions of the tax law.
Policy Name: Some Opinions of the General Office of Jilin Provincial People's Government on Accelerating the Development of Capital Market (No.[2065 438+00] 14 of Zheng Ji Office)
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Xinjiang
1. The investment income of a partnership equity investment enterprise can be divided first and then taxed, and the partners pay individual income tax or enterprise income tax respectively according to law. The individual income tax payable by the partners of a partnership equity investment enterprise shall be withheld and remitted by the partnership equity investment enterprise.
2. If the partners of a partnership equity investment enterprise are natural persons, individual income tax shall be levied on the investment income of the partners according to the items of "income from interest, dividends and bonuses" or "income from property transfer", and the tax rate shall be 20%. If the partner is a legal person or other organization, its investment income shall be subject to enterprise income tax in accordance with relevant regulations.
3. After the partners of the partnership equity investment enterprise pay the income tax according to the principle of "after tax first", the autonomous region will reward them according to their 50% contribution to the local finance, and the reward funds will be allocated by the financial department where the tax is paid.
4. Equity investment income and equity transfer income obtained by equity investment enterprises, as well as equity transfer by partners, are not subject to business tax according to law.
Applicable conditions for enterprises:
1. The registered capital (total amount of funds raised by agreement) of equity investment enterprises (including corporate system and partnership system) shall not be less than 30 million yuan, and the paid-in capital (initial subscription amount) shall not be less than100000 yuan.
2. The paid-in capital of equity investment management co., Ltd. and partnership equity investment management enterprises shall not be less than 2 million yuan, and the paid-in capital of equity investment management joint-stock companies shall not be less than 5 million yuan.
3. The contribution of a single shareholder or partner to the equity investment enterprise shall not be less than RMB 500,000.
4. Monetary assets used for equity investment shall be entrusted to a commercial bank for custody, and a monetary asset custody agreement shall be signed.
Policy Name: Notice on Printing and Distributing the Interim Measures for Promoting the Development of Equity-invested Enterprises in Xinjiang Uygur Autonomous Region (17 [2065438])
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Shandong (province)
1. The partnership equity investment enterprise does not take income tax as the main body, and adopts the method of "dividing first and then paying taxes", and the partners pay individual income tax or enterprise income tax respectively.
2. Dividends, bonuses and other equity investment income obtained by equity investment enterprises directly investing in other qualified enterprises may be exempted from enterprise income tax according to regulations; The investment income obtained by holding enterprises' public offering of listed shares for less than 12 months does not enjoy preferential tax policies.
3. Partners of a partnership equity investment enterprise invest in shares with intangible assets and real estate, participate in the profit distribution of investors and jointly bear investment risks. No business tax is levied. Business tax is not levied on the equity transfer of the general partner of the partnership equity investment fund.
4. Equity investment enterprises have invested in unlisted small and medium-sized high-tech enterprises by equity investment for more than 2 years. In line with the conditions stipulated in the Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Preferential Income Tax for Venture Capital Enterprises (Guo Shui Fa [2009] No.87), the taxable income of equity investment enterprises can be deducted in the year when the equity has been held for 2 years. If the deduction is insufficient in the current year, it can be carried forward in future tax years.
5. The losses incurred by equity investment enterprises in foreign equity investment shall be deducted as a one-time enterprise loss when calculating the taxable income of the enterprise in the year when the losses are confirmed.
Policy name: Opinions of Shandong Financial Work Office and other departments on promoting the development of equity investment (Jin Lu Ban Fa [2011] No.5)
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Dalian
1. If the accumulated paid-in capital of the industrial investment fund approved by the relevant departments of the State Council and registered in this city exceeds 500 million yuan, the business tax will be fully subsidized within 5 years from the opening year; Within 5 years from the profit-making year, the enterprise income tax will be fully subsidized.
2. For equity investment enterprises established in our city, from the date of paying the first business tax, they will be fully subsidized for two years before business tax, and halved for the next three years. From the profit-making year, the income tax will be fully subsidized in the first two years and halved in the last three years.
3. The partnership equity investment enterprise does not take income tax as the main body, and adopts the method of "dividing first and then paying taxes", and the partners pay individual income tax or enterprise income tax respectively. The general partner of a natural person shall carry out the partnership affairs of the partnership enterprise and pay personal income tax according to the item of "income from production and operation of individual industrial and commercial households" at the five-level progressive tax rate of 5%-35%. A natural person limited partner who does not carry out the partnership affairs of a limited partnership enterprise shall collect personal income tax at a reduced rate of 20% according to the items of "income from interest, dividends and bonuses".
4. Dividends, bonuses and other investment income obtained by a partnership equity investment enterprise from the invested enterprise belong to after-tax income that has been paid enterprise income tax, and can be directly distributed to legal person partners according to the partnership agreement, and its enterprise income tax is implemented according to relevant policies.
5. Business tax is not levied on the behavior of investing in shares with intangible assets and real estate, participating in the profit distribution of investors and sharing investment risks. No business tax is levied on equity transfer.
6 venture capital enterprises have invested in unlisted small and medium-sized high-tech enterprises for more than 2 years (24 months) by means of equity investment. In line with the conditions stipulated in the Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Preferential Income Tax for Venture Capital Enterprises (Guo Shui Fa [2009] No.87), the taxable income of venture capital enterprises can be deducted in the year when the equity has been held for 2 years. If the deduction is insufficient in the current year, it can be carried forward in future tax years.
Applicable conditions for enterprises:
Equity investment enterprises (with registered capital or capital contribution of not less than 654.38+billion yuan, with the first-phase capital of not less than 50 million yuan, not less than 20% of their registered capital or capital contribution, and the total investment in Dalian not less than 60% of their total size) and equity investment (fund) management enterprises (with registered capital or capital contribution of not less than 6544 yuan) newly established in accordance with the relevant regulations of our city and filed with the filing management department.
Policy Name: Implementation Opinions of Dalian Municipal People's Government on Accelerating the Development of Equity Investment Industry (No.Da [201] 21)
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Hubei province
1. Venture capital enterprises that meet the requirements of the Enterprise Income Tax Law of People's Republic of China (PRC) and the Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Implementing Income Tax Preferences for Venture Capital Enterprises (Guo Shui Fa [2009] No.87) may apply for preferential national tax policies according to the prescribed procedures. Venture capital enterprises have invested in unlisted small and medium-sized high-tech enterprises for more than 2 years (including 2 years) by means of equity investment. Those who meet the requirements stipulated in document No.87 of the State Administration of Taxation [2009] can deduct the taxable income of venture capital enterprises in the year when the equity has been held for 2 years. If the deduction is insufficient in the current year, it can be carried forward in future tax years. Equity investment enterprises that have not set up institutions in our province to invest in high-tech enterprises in our province shall enjoy relevant preferential policies according to equity investment enterprises in our province.
2. Partnership equity investment enterprises and equity investment management enterprises may adopt the method of "after tax first" according to law, and the partners shall pay individual income tax or enterprise income tax respectively. The personal income tax payable by the partners of the partnership equity investment enterprise and equity investment management enterprise shall be withheld and remitted by the enterprise, and the personal income shared by the legal entity shall be withheld and remitted by the unit. If the partners of a partnership equity investment enterprise or equity investment management enterprise are natural persons, according to the relevant provisions of the state, individual income tax shall be levied on the investment income of the partners according to the items of "interest, dividend and bonus income", and the tax rate shall be 20%. If the partner is a legal person or other organization, its investment income shall be subject to enterprise income tax in accordance with relevant regulations.
3. Dividends, bonuses and other investment income obtained by a partnership equity investment enterprise from the invested enterprise belong to after-tax income after paying enterprise income tax, which can be directly distributed to legal person partners according to the partnership agreement, and its enterprise income tax is implemented according to relevant policies. The general partners of a partnership equity investment enterprise invest in shares with intangible assets and real estate, participate in the profit distribution of investors, share the investment risks and do not levy business tax; No business tax is levied on equity transfer.
4. Within two years from the date of paying the first business tax, the equity investment management enterprise shall be given an equal reward by the financial department of the tax registration place according to the business tax paid by it, and the reward will be halved in the third to fifth years. Since the profit-making year, the equity investment management enterprise shall be rewarded by the financial department of the tax registration place in the first two years according to the local share of the enterprise income tax paid by it, and the reward shall be halved in the next three years. If it is difficult for equity investment management enterprises to pay taxes on newly purchased office buildings for their own use, they may be exempted from property tax and urban land use tax according to regulations. Equity investment losses incurred by equity investment enterprises due to the recovery, transfer or liquidation of equity investment can be deducted before tax if they meet the requirements of Announcement No.2011of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC).
5. Senior managers of equity investment enterprises and equity investment management enterprises can enjoy the relevant policies of our province in terms of talent introduction, talent reward, spouse employment, children's education, medical security, etc., according to the treatment of senior managers of financial institutions. The rewards given by the provincial government to the above-mentioned relevant personnel shall be exempted from personal income tax according to law. Cities and States can formulate preferential policies to support equity investment enterprises and equity investment management enterprises according to local conditions, and reward enterprises and executives who have settled in the local area.
Policy Name: Opinions of Hubei Provincial People's Government on Promoting the Development of Equity Investment Enterprises (E [2011] No.23)
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