Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref. : EIC 631/2/7
25 September 2023
Dear Sirs,
Commercial Information Circular No. 689/2023
The Mainland of China : Notice Concerning Increasing the Ratio of Additional Deduction on Research and Development Expenses of Integrated Circuit and Machine Tool Enterprises
Four government departments including the Ministry of Finance jointly issued on 12 September 2023 the "Notice Concerning Increasing the Ratio of Additional Deduction on Research and Development Expenses of Integrated Circuit and Machine Tool Enterprises", which takes effect from 1 January 2023 to 31 December 2027. Please refer to the Appendix (pdf format) for the notice (available in Chinese only).
ENQUIRIES
2.If you have any questions on the content of the document mentioned in this circular, please contact the issuing authority of the Mainland of China direct. For other questions on this circular, please contact Mainland Branch (I) (tel: 2398 5444) of the Department.
Yours faithfully,
(Miss Sindy LEE)
for Director-General of Trade and Industry
Note: While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.