According to the "About Enterprise Income Tax Policy for Integrated Circuit Manufacturing Enterprises", as long as the operating period is more than 10 years and meets the following three conditions, the enterprise can be exempted from corporate income tax in the first year to the second year, the third to fifth The annual corporate income tax will be halved at the statutory tax rate of 25% and will be enjoyed until the expiration of the period.
1, is an integrated circuit manufacturing enterprise or project, that is, only investment in chip manufacturing can enjoy this policy, such as SMIC's new factory, or TSMC's fab in mainland China, like chip design companies can not enjoy this policy.
2. Invest in a new factory after January 1, 2018. That is, a new project, the new factory can enjoy.
3, is the manufacturing process compulsory better than 130nm. Considering that the mainstream technology of smart phone chips is already 14-28nm, whether it is Intel, Samsung, TSMC, Grofund, UMC, or overseas companies, or SMIC, Huali Micro- and other domestic companies have already exceeded this level, so the threshold for this condition is not high.
In addition, as long as the operating period is more than 15 years and the following conditions are met, the enterprise can be exempted from corporate income tax in the first year to the fifth year, and the corporate income tax is halved in the sixth to tenth year at the statutory tax rate of 25%. And enjoy until the end of the period.
1, is an integrated circuit manufacturing enterprise or project.
2. Invest in a new factory after January 1, 2018.
3. The manufacturing process is better than 65nm or the total investment is over 15 billion yuan.
It can be seen from this that the preferential policy of this policy is very large, which is very good for China's developing integrated circuit manufacturing industry.
China's IC manufacturing industry is expected to usher in great development
Recently, the National Integrated Circuit Industry Investment Fund is preparing for the second phase of investment. The market is expected to reach 200 billion yuan in the second phase. With the recent corporate tax reduction policy, it will provide sufficient funds for IC manufacturers in mainland China. .
Under the leadership of the state, SMIC can obtain technical support from the Belgian Microelectronics Research Center, and Liang Mengsong joined SMIC. In terms of technology, the 14nm process is no longer unattainable.
With the introduction of China's very favorable policies, it will be possible to accelerate the transfer and speed of TSMC, Gexin, UMC, Samsung and other companies to China. The cost of 28/32nm process in mainland China will further decline, memory chips The cost will be further reduced (costs will fall, prices will not fall, depending on how threatian Samsung poses to Samsung), and TSMC, Groffont will accelerate the introduction of the 14/16nm process into China. By 2019-2020, The 14/16nm process will become the mainstream process for mainland, foreign or joint venture fabs in mainland China.
Although the policy is good, the implementation is more important.
Although the policies given by the state are very good and the incentives are very strong, good policies still need to be implemented by reliable people. In the past, the country has given many very good policies, but the final results are not as good. Humanity.
More than a decade ago, the State Council issued a number of policies to encourage the development of the software industry and the integrated circuit industry. It is hoped that through policy guidance and financial assistance, after 5-10 years, China's software products will meet most of the domestic market demand. And a large number of exports; domestic integrated circuit products can meet most of the domestic market demand, and a certain number of exports, while further narrowing the gap between development and production technology in developed countries.
The ideal is very full, but the reality is very backbone. Although the country has given a lot of preferential policies and spent a lot of money, the effect is very small. Today, software such as operating system, database, EDA, CAD are basically monopolized by foreign manufacturers. The only thing domestic manufacturers do is a variety of application software, such as QQ, WeChat and mobile games. On the integrated circuit, CPU, GPU, FPGA, DSP, NANDFlash, DRAM, etc. are basically monopolized by foreign companies, except in special fields. Chips barely achieve self-sufficiency, and companies that have done relatively well in business, such as Huawei HiSili and ZTE Microelectronics, have only learned to buy foreign technology licenses for integration.
The reason for this is that the policy has not been implemented. The main points are as follows:
First of all, many policies have actually been implemented in foreign companies. For a long time, some domestic officials and experts have always been superstitious about technology introduction and have a skeptical attitude towards independent research and development. With the introduction of technology, it is easy to get policy and state funds. It is to give money, but also to the land, but also various taxes and exemptions.
Second, the national policy became a carnival for compradors and capital. For example, a project in Changzhou, at that time, domestic companies and Intel companies cooperated, plans to use Intel technology, domestic 700 million dollars to build a fab, the result of operating It only lasts for 3 years.
Although it is still unclear whether it is a bad business or a bit tricky. But when the national preferential policies are introduced, there will always be a lot of unscrupulous people who are making waves in it, such as the electric car fraud subsidy incident that was raging last year. For example, when the state supported the domestic operating system, a large number of manufacturers changed the foreign open source operating system to take national policies and funds. If the implementation of the national policy is always to the comprador and foreign companies, or some domestic ones always think about it. The company that realizes the policy and plays the capital operation, rather than the company that is doing the technology, can only repeat the mistakes of the year.
All in all, the state's policies and funds should be more used by domestic enterprises, and should be inclined to those enterprises with strong independent research and development capabilities, and sincerely do practical things.