The Ministry of Industry and Information Technology, the Ministry of Finance, and the State Administration of Taxation jointly issued a notice clarifying matters relating to the preparation of a list of advanced manufacturing enterprises enjoying the value-added tax credit policy in 2026. According to the notice, advanced manufacturing enterprises must qualify as high-tech enterprises within 2026, and the share of R&D expenditure, R&D personnel, and high-tech products during 2025 must meet relevant regulations. At the same time, enterprises must meet conditions such as accounting for at least 50% of sales in the manufacturing industry, and ensure that no acts such as defrauding tax refunds or falsely issuing VAT invoices have occurred within 36 months prior to the application list.

The Ministry of Industry and Information Technology, the Ministry of Finance, and the State Administration of Taxation jointly issued a notice clarifying matters relating to the preparation of a list of advanced manufacturing enterprises enjoying the value-added tax credit policy in 2026. According to the notice, advanced manufacturing enterprises must qualify as high-tech enterprises within 2026, and the share of R&D expenditure, R&D personnel, and high-tech products during 2025 must meet relevant regulations. At the same time, enterprises must meet conditions such as accounting for at least 50% of sales in the manufacturing industry, and ensure that no acts such as defrauding tax refunds or falsely issuing VAT invoices have occurred within 36 months prior to the application list.