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The Office of the National High-tech Enterprise Recognition Management Leading Group officially announced that Desheng Power (Desheng Magneto) has passed the national high-tech enterprise certification. This marks that the company’s technology research and development capabilities, scientific and technological achievements transformation capabilities and core independent intellectual property rights have received the highest level of national recognition.
About the recognition of national high-tech enterprises
National high-tech enterprise certification is jointly reviewed by the Ministry of Science and Technology, the Ministry of Finance, and the State Administration of Taxation. It is one of the most valuable qualifications for Chinese technology companies. The identification standards cover six major dimensions, including core independent intellectual property rights, the ability to transform scientific and technological achievements, and the intensity of R&D investment. Enterprises that pass the certification can enjoy a preferential corporate income tax rate of 15% (10 percentage points lower than the standard tax rate), which is valid for three years.
International market value
The national high-tech enterprise qualification has significant credibility in international business cooperation. In overseas customer due diligence, this qualification can be used as strong evidence of the company’s technical strength and R&D investment. Especially in the European and Japanese markets that have high requirements for technical capabilities, this qualification can help pass the supplier audit of foreign partners.