Shandong Provincial Department of Industry and Information Technology: Notice on Organizing the Application Work for Integrated Circuit Enterprises Enjoying Value Added Tax Deduction Policies in 2024

Lugongxin Electronics [2024] No. 207

Each city (excluding Qingdao) Industrial and Information Technology Bureau and Development and Reform Commission:

According to the Notice on the Requirements for Formulating the List of Integrated Circuit Enterprises Enjoying Value added Tax Surcharge and Deduction Policies in 2024 issued by the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Finance, and the State Administration of Taxation (MIIT Letter [2024] No. 264), please refer to it for detailsWebsite of the Ministry of Industry and Information Technology）We are now organizing the application process for integrated circuit enterprises that will enjoy the additional deduction policy in 2024. The relevant matters are notified as follows:

1、 Please organize local enterprises that meet the conditions (Attachment 1) to fill in the information filling system before October 10th, organized by the industrial and information technology bureaus of each city（ https://ic-tax.ccidthinktank.com/ ）Submit the application and generate paper documents stamped with the company seal. After the initial review is summarized, send the preliminary review results, enterprise application documents, and supporting materials (two electronic and paper versions, with a detailed list of materials in Attachment 2) to the Electronic Information Industry Department of the Provincial Department of Industry and Information Technology at No. 1 Shengfu Qianjie, Lixia District, Jinan City via EMS before October 18th. The Provincial Department of Industry and Information Technology, together with the Provincial Development and Reform Commission, will review the application materials of enterprises based on their conditions, and submit the approved list to the Ministry of Industry and Information Technology and the National Development and Reform Commission. Enterprises that have been included in the 2023 list and intend to continue applying for inclusion in the 2024 list must resubmit the relevant materials in the "Detailed List of Materials Submitted by Integrated Circuit Enterprises Enjoying Value added Tax Deduction Policies".

2、 Enterprises can check whether they are included in the list from the information filling system after November 30th. After the list is issued, the enterprise can also calculate the deductible amount that can be accrued but has not been accrued in the current period. Enterprises listed in the 2024 inventory will enjoy policies starting from January 1, 2024; Enterprises that have been included in the 2023 list but not in the 2024 list will cease to enjoy the policy on November 30, 2024.

3、 During the validity period of the list, if the enterprise undergoes renaming, division, merger, restructuring, or significant changes in its main business, the relevant municipal bureau of industry and information technology should guide the enterprise to fill out the Enterprise Major Change Form (Attachment 3) and submit it to the Provincial Department of Industry and Information Technology within 45 days from the date of completion of the change registration. If an enterprise submits a change explanation beyond the aforementioned time, the local industry and information technology department will not accept it, and the enterprise will cease to enjoy the relevant policies for 2024 from the date of change registration.

The industrial and development and reform departments of all cities in the 4. shall, together with the local financial and tax departments, strengthen the daily supervision of the enterprises in the list. In the process of supervision, if it is found that an enterprise has obtained the qualification of tax reduction and exemption with false information, it shall conduct joint verification in a timely manner, and jointly report the relevant information to the Provincial Department of Industry and Information Technology and the Provincial Development and Reform Commission.

5. enterprises are responsible for the authenticity of the materials and data provided. The reporting enterprise shall sign a letter of commitment, promising to voluntarily accept the handling of the relevant departments in accordance with laws and regulations and relevant national regulations in case of dishonesty in the process of declaration.

6、 Contact Information

Department of Electronic Information Industry, (I) Provincial Department of Industry and Information Technology

Contact: Lin Huajian

Tel: 0531-51782661

Innovation and High-tech Development Division of (II) Provincial Development and Reform Commission

Contact: Lee Kai-ring

Tel: 0531-51783139

Attachments:1. Conditions for integrated circuit enterprises enjoying the VAT plus credit policy

2. Schedule of Materials Submitted by Integrated Circuit Enterprises Enjoying VAT Plus Credit Policy

3. Table of significant changes in the enterprise

Shandong Provincial Department of Industry and Information Technology

Shandong Provincial Development and Reform Commission