The tax authority of the Guizhou Shuanglong Airport Economic Zone recently visited Guizhou Boqiang Pharmaceutical Co to help the enterprise better enjoy taxation policies.
The tax authority of the Guizhou Shuanglong Airport Economic Zone visits Guizhou Boqiang Pharmaceutical Co. [Photo/colorful Guizhou network]
Guizhou Boqiang Pharmaceutical Co, founded in March 2002, is a high-tech enterprise integrating drug research, production, and sales of chemical drugs, traditional Chinese medicine, and raw materials.
In recent years, the company has increased its investment in product research and development, resulting in a long cycle for the transformation of achievements and significant pressure on capital operation.
The taxation authority officials guided the latest tax policies and answered tax-related questions for the company.
By the end of October, the company had enjoyed over 40 million yuan ($5.6 million) in preferential policies, including over 540,000 yuan in research and development expense deduction.
Moving forward, the tax authority will continue to conduct visits to enterprises to guide tax policies for them, contributing to the stable development of enterprises.