Document 27 points out that after January 1, 2018, newly-built integrated circuit manufacturing companies or projects with a line width of less than 130 nanometers and an operating period of more than ten years are exempted from corporate income tax from the first year to the second year. In the third to fifth years, corporate income tax will be levied at half the statutory tax rate of 25%, and will enjoy the expiration date. After January 1, 2018, newly-built integrated circuits will have a line width of less than 65 nm or an investment of more than 15 billion yuan. The integrated circuit manufacturing enterprise or project with an operating period of more than 15 years is exempted from the enterprise income tax from the first year to the fifth year, and the enterprise income tax is levied at half the statutory tax rate of 25% from the sixth to the tenth year. Expired.
The National Taxation Bureau of the Development Zone found in the comparison of the preferential policies of the old and new integrated circuits that No. 27 documents relaxed the conditions for enjoying preferential enterprises, and the annual total amount of research and development expenses for final settlement and payment in the company’s total sales (business) income ratio is not lower than 5%' is adjusted to 'not less than 2%'. This change not only promotes more small and medium-sized IC manufacturing companies to increase their R&D efforts, but also allows more companies to enjoy tangible benefits.
'The introduction of high-precision industrial development path from Beijing to the development zone's financial services and industrial services to the integrated circuit industry, and then targeted tax cuts, are all boosters for IC companies!' Development Zone Corporate Services Relevant person in charge of the bureau said that the previous tax exemption policy had allowed one company in the region to enjoy a total of 871.2236 million yuan in reductions and exemptions in 2015-2016, and the actual tax reduction and exemption of income tax was 2177.8059 million yuan. A huge amount of exemption allows the company to obtain more return funds for use. The development of new products, new processes, and actual production greatly support the development of integrated circuit companies.
In addition to benefiting from national policy support, the development zone also actively acts as a state-owned investment and financing platform that serves the technological innovation and industrial transformation and upgrading of the development zone. Yizhuang SDIC invested 2.4 billion yuan in overseas acquisitions, involving the value of the acquired assets. It reached 54 billion yuan. In the successful cases of overseas mergers and acquisitions in integrated circuits such as Core Semiconductor, Howe Technology, Mattson Equipment, and Silex (MEMS foundry) in Sweden, Yizhuang Guotou’s presence can be seen. The project was led by Yizhuang Guotou Investment Fund Industry Fund. These mergers and acquisitions filled the gaps in China's memory, sensor chip, semiconductor equipment, MEMS and other industries.
It is worth mentioning that the integrated circuit companies overseas acquired by the development zone either all landed in the development zone or cooperated with the development zone enterprises, and their performance has grown in an all-round way. Today, the development zone has formed in the field of integrated circuits including manufacturing, packaging and testing, and equipment. Complete industrial chain including parts, materials and design.
It is reported that the scale of the IC industry in the Development Zone has accounted for 1/2 in Beijing and 1/10 in China. In 2025, the TEDA will become the world's leading advanced new type of memory, baseband chips and RF circuits, power electronics and power devices. The R&D and manufacturing center for integrated circuit foundry and equipment in the four highly sophisticated fields has truly become the core area and bearing place for the rise of the 'core' power of China's integrated circuit industry.