Since 2013, the demand for LED lighting has increased rapidly, showing a situation in which both production and sales are booming. All enterprises can not meet the demand for production. Faced with such a good situation, all the enterprises in the LED industry chain have begun to expand production, and the demand for LED equipment has expanded dramatically.
For companies that want to expand their production scale or need liquidity, bank loan procedures are complex and require high collateral, and the processing time is too long. The annual interest rate of private lending is as high as 20%, and the capital cost is extremely high.
As a result, equipment financing leases have slowly entered the company's sight.
It is understood that the early financial leasing of the LED industry is mainly provided by multinational companies.
On February 9, 2012, the world's leading MOCVD machine company, Ai Siqiang, established a strategic alliance with Minsheng Financial Leasing to jointly develop the MOCVD equipment financial leasing market in China.
In August 2012, Foshan City, Guangdong Province, in response to the reply of the Foshan City Lighting Association Deputy Secretary-General Zhang Hua on the financing difficulties of small and medium-sized LED enterprises, said: "Foshan Economic and Trade Bureau has launched a 'financial lease' innovative financing Mode, enterprises can use equipment by means of installment payment, and the company will obtain equipment ownership after the lease expires. Some enterprises that do not have the credit and are difficult to obtain loans can solve the problem of purchasing equipment through this model."
At the national policy level, in recent years, companies have also been actively encouraged to purchase equipment by means of financial leasing. The “reform of the camp†is regarded as a major benefit of the financial leasing industry.
In the past, due to the business tax paid by the leasing industry, it was impossible to issue special VAT invoices. Enterprises used financial leasing companies to lease fixed assets by means of financial leasing, which could not offset the VAT input tax, which seriously hindered the development of the financial leasing industry and inhibited production. Sexual enterprises expand their investment scale through financial leasing.
After the implementation of the “Calculation Reform†policy, the leasing company can provide a special VAT invoice for the leasing business, and the enterprise that rents the machinery and equipment can deduct the VAT input tax. At the same time, although the leased tangible movable property is subject to a 17% tax rate, the general taxpayer among the pilot taxpayers operating the financial leasing business is provided with tangible movable property financing leasing services, and the part of the VAT actual tax burden exceeding 3% is subject to VAT. The levy policy, this provision has greatly reduced the tax burden of financial leasing companies.
At present, financial leasing is mainly based on several major types of aircraft, ships and engineering equipment in China, and it is gradually expanding to the electronics industry including LEDs.
Zhang Gaojun, deputy general manager of the electronic information division of Fuyin Financial Leasing (Shenzhen) Co., Ltd., which has already started LED equipment financing leasing business in Shenzhen, told the reporter of "High-tech LED" that the current lease of financial leasing is generally 3 years, and the interest paid It is only a small fraction of the bank loan.
[Note: This article is the exclusive report of Gaogong LED . Please reprint the agreement in advance. For legal reprint, please refer to: Gaogong LED copyright maintenance - "anti-infringement action" statement , otherwise it will be regarded as illegal reprint, this website will be held legally responsible ! 】
For companies that want to expand their production scale or need liquidity, bank loan procedures are complex and require high collateral, and the processing time is too long. The annual interest rate of private lending is as high as 20%, and the capital cost is extremely high.
As a result, equipment financing leases have slowly entered the company's sight.
It is understood that the early financial leasing of the LED industry is mainly provided by multinational companies.
On February 9, 2012, the world's leading MOCVD machine company, Ai Siqiang, established a strategic alliance with Minsheng Financial Leasing to jointly develop the MOCVD equipment financial leasing market in China.
In August 2012, Foshan City, Guangdong Province, in response to the reply of the Foshan City Lighting Association Deputy Secretary-General Zhang Hua on the financing difficulties of small and medium-sized LED enterprises, said: "Foshan Economic and Trade Bureau has launched a 'financial lease' innovative financing Mode, enterprises can use equipment by means of installment payment, and the company will obtain equipment ownership after the lease expires. Some enterprises that do not have the credit and are difficult to obtain loans can solve the problem of purchasing equipment through this model."
At the national policy level, in recent years, companies have also been actively encouraged to purchase equipment by means of financial leasing. The “reform of the camp†is regarded as a major benefit of the financial leasing industry.
In the past, due to the business tax paid by the leasing industry, it was impossible to issue special VAT invoices. Enterprises used financial leasing companies to lease fixed assets by means of financial leasing, which could not offset the VAT input tax, which seriously hindered the development of the financial leasing industry and inhibited production. Sexual enterprises expand their investment scale through financial leasing.
After the implementation of the “Calculation Reform†policy, the leasing company can provide a special VAT invoice for the leasing business, and the enterprise that rents the machinery and equipment can deduct the VAT input tax. At the same time, although the leased tangible movable property is subject to a 17% tax rate, the general taxpayer among the pilot taxpayers operating the financial leasing business is provided with tangible movable property financing leasing services, and the part of the VAT actual tax burden exceeding 3% is subject to VAT. The levy policy, this provision has greatly reduced the tax burden of financial leasing companies.
At present, financial leasing is mainly based on several major types of aircraft, ships and engineering equipment in China, and it is gradually expanding to the electronics industry including LEDs.
Zhang Gaojun, deputy general manager of the electronic information division of Fuyin Financial Leasing (Shenzhen) Co., Ltd., which has already started LED equipment financing leasing business in Shenzhen, told the reporter of "High-tech LED" that the current lease of financial leasing is generally 3 years, and the interest paid It is only a small fraction of the bank loan.
[Note: This article is the exclusive report of Gaogong LED . Please reprint the agreement in advance. For legal reprint, please refer to: Gaogong LED copyright maintenance - "anti-infringement action" statement , otherwise it will be regarded as illegal reprint, this website will be held legally responsible ! 】
Xinxiang Mina Import & Export Co., Ltd. , https://www.mina-motor.cn