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Nantong Jing Abacus Finance & Tax Consulting Co., Ltd.

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Home Page > Legal Policy > How can individual patents be used by companies in the form of technology shares?

How can individual patents be used by companies in the form of technology shares?

Release date: 2019-02-22 Content from: http://jlangstudio.com/

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Put personal patents into the company in the form of technology shares

If a business owner or employee personally owns a patent and provides it to the company for use, Nantong Registered Company can treat the individual patent with a reasonable valuation and incorporate it into the company's use in the form of a valuable shareholding, and sign a formal contract. In this way, patents can become the company's intangible assets, and accountants can also use reasonable amortization methods to include them in costs, thereby reducing profits and achieving less taxes.

Nantong registered company reasonably raises employee benefits, including costs, amortizing profits

In the process of production and operation, SME owners can appropriately raise employees' wages within the scope of not exceeding taxable wages, for example, applying for medical insurance for employees and establishing employee funds (such as: pension funds, unemployment insurance funds, education funds, etc.) , Increase corporate property insurance and transportation insurance, etc. In this way, not only can the motivation of employees be mobilized, but these expenses can be included in the cost of the enterprise, thereby amortizing the profit of the enterprise and reducing the tax burden.

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