What are the tax benefits for companies to resettle demobilized military personnel?

The preferential value-added tax policies for enterprises to place demobilized military cadres are as follows:

For newly established enterprises to place demobilized military cadres who choose their own careers, any enterprise that places demobilized military cadres who choose their own careers will If the number of cadres accounts for more than 60 (inclusive) of the total number of employees in the enterprise, the taxable services provided by them will be exempt from value-added tax for three years from the date of receiving the tax registration certificate.

Redeployed military cadres who choose their own careers to enjoy the above preferential policies must hold a demobilization certificate issued by troops at division or above.

Warm reminder: The above content is for reference only. Laws, regulations and relevant provisions shall prevail.

Response time: 2021-08-18. For the latest business changes, please refer to the official website of Ping An Bank.

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