Qinzhou introduces tax policies to promote development of small, micro enterprises

The Taxation Bureau in the Qinzhou Port Area of the China (Guangxi) Pilot Free Trade Zone (FTZ) recently issued tax policies to promote the development of small and micro enterprises.

Due to the COVID-19 pandemic, the number of orders and production capacity at small and micro logistics enterprises have declined this year, while fuel and logistics costs are continuing to increase, putting significant pressure on small and micro enterprises.

The Taxation Bureau in the Qinzhou Port Area of the Guangxi FTZ provides taxpayers with timely and accurate social insurance premium policies through an SMS platform and WeChat, especially issues of concern to taxpayers, such as the scope of policy application, handling procedures, and supplementary payment.

From April 1 to May 30, the taxation bureau processed tax refunds for 279 small and micro enterprises in the Qinzhou Port area of the Guangxi FTZ.

The Qinzhou Port Area of the Guangxi FTZ. [Photo/WeChat account: gh_df8bc987e060]