New Australian Textile High Tech Enterprise Qualification Expired Once Again The Application Conditions Are Still Not Up To Standard.

< p > > the world's < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank".

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< p > although the industry of garment and textile industry has not dissipated, the attraction of capital brought by the listing has once again stimulated the enthusiasm of Listed Companies in the industry. Zhejiang new Australia textile Limited by Share Ltd (hereinafter referred to as "new Australian textile") has been crowded into the vast IPO army.

However, the qualification of high-tech enterprises is now overdue, and the conditions for re application are not yet up to standard.

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< p > < strong > the qualification of high-tech enterprises is now expired < /strong > < /p >

< p > the new Australian textile prospectus shows that the main business of new Australia textile is the research, production and sale of worsted yarn. Its main products are wool worsted yarn and its intermediate products wool top, which is mainly used in the downstream textile and garment industry.

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< p > in the prospectus of new Australia textile, new Australia textile has repeatedly mentioned that "the company is a high-tech enterprise", "Zhejiang innovative pilot enterprise", "have provincial enterprise technology center", "have been selected in two national Torch Program key high-tech enterprises" and other honorary benefits, as well as the tax incentives brought by the qualification to new Australian textile. However, as of the end of 2013, new Australia textile has lost the pride of high-tech enterprises.

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< p > prospectus shows that the new Australian textile was reexamined by high-tech enterprises in 2011, the eligibility period is 3 years, and the preferential income tax rate of 15% is applicable in 2011-2013 years.

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< p > according to the new income tax law implemented in 2008, the small and small enterprises have the income tax rate of 20% and the non resident enterprises 20%. Domestic enterprises and foreign-funded enterprises apply 25% of the statutory tax rate uniformly. However, if the qualification of high and new technology enterprises is obtained, the corporate income tax rate can be reduced to 15%.

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< p >, however, the prospectus shows that at the end of 2013, the qualification of "a href=" http://www.91se91.com/news/index_c.asp "new Australian textile > /a" has already expired. As of the new Australian textile prospectus, the company has not yet acquired the quality of high-tech products again.

That is to say, the new Australian textile will pay the income tax according to the income tax rate of 25%. If we can not get the qualification of high and new enterprises again, we will pay 10% extra tax burden each year.

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The "P" data showed that from 2011 to 2013, the qualification of new Australian textile high and new enterprises brought about 6 million 921 thousand and 800 yuan, 5 million 879 thousand and 700 yuan and 6 million 680 thousand and 700 yuan of income tax reduction for new Australia textile, accounting for 6.84%, 7.31% and 6.60% of the net profit of the consolidated report.

A senior accountant told reporters, "if we can not get the qualification of high-tech enterprises, the burden of taxes and fees which will account for about 6% of net profit will greatly reduce the profit margins of enterprises".

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< p > and at present, the new Australian textile is facing this risk.

In 2008, the Ministry of science and technology, the Ministry of Finance and the State Administration of Taxation promulgated the "guidelines for the management of high and new technology enterprises' Accreditation" on the review of new and high technology enterprises. "The qualification of high and new technology enterprises passed through reexamination has been issued high < /p >.

< p > the date of validity of the certificate of the new technology enterprise is three years.

After the expiration of the validity period, the enterprise once again submitted the application for confirmation, which is processed according to the initial application. For the review of the new Australian textile which has expired, it is necessary to obtain the qualification of the high-tech enterprise through re application, so that it can avoid nearly 6% of the annual tax burden.

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< p > < strong > the new application qualification is not up to standard < /strong > < /p >.

< p > but in accordance with the current conditions of new Australia textile, we want to apply for new high-tech enterprises again, and the application conditions are still not up to standard.

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< p > according to the regulations of the Ministry of science and technology, the Ministry of Finance and the State Administration of Taxation on the accreditation of high and new technology enterprises in 2008, the tenth article has made clear requirements for the personnel and R & D investment of high-tech enterprises, specifically specified as "science and technology < /p >.

< p > personnel account for more than 30% of the total number of employees in the enterprise in that year, of which R & D personnel account for more than 10% of the total number of employees in the enterprise. In recent year, enterprises with sales income of more than 200 million yuan, nearly three accounting year's total research and development costs accounted for no less than 3% of the total sales revenue.

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< p > and according to the latest data of new Australia textile, it is not in line with the qualification of high-tech enterprises.

According to the prospectus, as of June 30, 2014, the total number of new Australian textile workers was 2162, of which 276 were technical personnel, accounting for 12.77%, and these technicians were not all R & D personnel. The proportion of 12.77% was higher than that of the high-tech enterprises, which claimed that the requirements for R & D personnel were 10%. In addition, 308 of their junior college graduates or above were 14.25%, far below the 30% standard specified by the high-tech enterprises, and the number of them was twice as high as that of the standard.

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< p > the above accountant told reporters, "as a production type < a href=" http://www.91se91.com/news/index_c.asp "> Enterprise < /a >, the proportion of R & D personnel will not be very high. In 12.77% of the technical personnel, R & D personnel reach 10% of the standard has some difficulties; besides, the proportion of employees with college degree or above is only 14.25%, if 30% standard is needed, it is necessary to change the overall staff structure, which is difficult to achieve in the short term.

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