Farmers and herdsmen can enjoy small secured loans and discount policies when starting a business.

Farmers and herdsmen can enjoy small secured loans and discount policies when starting a business.

1992, Huo Yanfu, a farmer from Minhe Hui and Tu Autonomous County, borrowed 3,000 yuan to lead several villagers to work in other provinces. Since then, he has led 100 villagers to work in other provinces every year. Further expanding the policy of supporting farmers and herdsmen to start their own businesses in Several Opinions will make Huo Yanfu, the leader of agricultural and pastoral areas, more confident to embark on the road of entrepreneurship.

The "Several Opinions" require governments at all levels and relevant departments to optimize the environment for supporting farmers and herdsmen to start their own businesses, extend the support policy for urban workers to farmers and herdsmen, and include farmers and herdsmen in the scope of small secured loans. Farmers and herdsmen can also enjoy small secured loans and discount policies when starting a business.

In view of the fact that it is difficult for farmers and herdsmen to start businesses, the support funds for the development of small and medium-sized enterprises will be used to help guide local governments to build financing platforms and support and help farmers and herdsmen start businesses. At the same time, it is proposed to expand the scope of use of working capital venture loans for farmers and herdsmen, each with a term of 1 year. Actively guide microfinance companies to carry out entrepreneurial loans for farmers and herdsmen. In order to encourage farmers and herdsmen to start businesses, it is stipulated that farmers and herdsmen can be exempted from industrial and commercial registration and related administrative fees under certain conditions, and the restrictions on registered businesses of farmers and herdsmen are relaxed.

In terms of tax incentives, if farmers and herdsmen entrepreneurs pay taxes on time, the turnover threshold is 4000 yuan per month; The turnover threshold for each tax payment is 100 yuan per day. The value-added tax threshold for individual industrial and commercial households selling goods and taxable services is: 5,000 yuan per month for goods and 3,000 yuan per month for taxable services, each time (day) 150 yuan. For those engaged in agriculture, forestry, animal husbandry and fishery projects, enterprise income tax shall be reduced or exempted in accordance with the provisions of tax laws and regulations, and all mobile small traders in agricultural and pastoral areas shall be exempted from tax registration; Preferential electricity prices are given to enterprises founded by farmers and herdsmen. ;