Chip Semiconductor Policy

Further optimize the development environment of the integrated circuit industry and software industry, deepen international cooperation in the industry, improve industrial innovation capabilities and development quality, and formulate and issue policies on finance and taxation, investment and financing, research and development, import and export, talent, intellectual property, and market Eight policy measures including application and international cooperation.

Legal basis:

Article 2 of "Several Policies to Promote the High-Quality Development of the Integrated Circuit Industry and Software Industry in the New Era" The state encourages integrated circuit design, equipment, materials, packaging, Testing companies and software companies are exempt from corporate income tax from the first to the second year starting from the profit-making year. From the third to the fifth year, the corporate income tax is halved at the statutory tax rate of 25%. The conditions for integrated circuit design, equipment, materials, packaging, and testing enterprises encouraged by the state are formulated by the Ministry of Industry and Information Technology in conjunction with relevant departments.