The Death of the False HNTE: Comments on the 2012 HNTE

With the implementation of the new Enterprise Income Tax Law as of 1 January 2008, the identification criterion of the high and new technology enterprise (“HNTE”) was substantially amended. Up to 31 December 2011, about 20,000 enterprises had obtained the HNTE qualification certificate under the new identification criterion, while the amount of the HNTEs was about 56,000 before 2008. Along with the recovery of the HNTEs, there is some abnormal development trend in the course of the identification of HNTEs.

The research report sets out our observation and comments on the identification market of the HNTEs, the latest development trend of the HNTE identification.

If you have any questions or you would like to get a full context of this research report in English version, please contact us via email: newsletters@minterpku.com, or dial the number: + 86 10 5900 9170

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