R&D Super-Deduction Tax Incentive
Funds Innovation Work Super-Deduction Tax Incentive, tax relief for companies on qualifying innovation expenses and related investment documentation.
China's R&D Super-Deduction (研发费用加计扣除) allows qualifying PRC-registered enterprises to deduct eligible R&D expenditures at 200% of actual spend (manufacturing sector, post-2023 policy) when computing corporate income tax — effectively an 18% cash-equivalent benefit for profitable companies paying at the 25% CIT rate, or up to 30% for Hi-Tech Enterprises (HTE) taxed at 15%. The deduction is claimed through the annual corporate income tax return filed with STA; no competitive application process exists. Hi-Tech Enterprise (HTE) certification (issued by MOST/provincial Science & Technology bureaus) unlocks preferential 15% CIT rate in addition to the super-deduction.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.