Financials Sep 24, 2021 11:14 AM (GMT+8) · EqualOcean
Recently, the development and Reform Commission of Hainan Province issued the guidelines for venture capital of Hainan free trade port (2021 version), which aims to further standardize and improve the management of venture capital services in Hainan Province and promote the sustainable and healthy development of venture capital industry in Hainan Province. The work guidelines clearly include venture capital into the encouraged industries, and qualified venture capital enterprises can be subject to corporate income tax at a reduced rate of 15%.