Shanghai Tax Supports Future Industries with Targeted Services and Compliance Guidance

According to the Shanghai tax authority, it is aligning with the city's industrial planning and actively engaging with the frontier of future industries, supporting their high-quality development through precise services and compliance guidance. For future-energy enterprises, given their long R&D cycles and new supply chains, it helps them clarify policy boundaries and standardize tax-related management through precise policy interpretation, early risk warnings and follow-up services. Relying on tax big data, it screens supporting enterprises for tax risks and strengthens compliance guidance and service innovation along the industry chain. In brain-computer interfaces, it has taken multiple measures to help firms, including forming expert teams for targeted support, guiding enterprises to standardize R&D expense auxiliary ledgers, accurately gathering expenses, and clarifying the boundary between R&D and production costs so that all expenditures are traceable. Tax support also empowers the domestic embodied-intelligence robotics sector—for example, Universe Joy Robot Co., Ltd.'s quadruped and humanoid robots have been commercialized with tens of millions of yuan in orders and overseas markets in North America and Northern Europe. Its director in charge of accounts, Liu Qiangqiang, noted typical pain points: fast product iteration, complex cost structures and diverse business models, with difficulties in defining data standards and matching cost deductions, plus cross-border tax practice challenges. In response, the tax authority carried out one-firm-one-policy research, held special consultations on complex new-format matters, regularly pushed tax risk alerts via big-data risk models, and set up a dynamic policy-tracking mechanism. Liu said the authority's proactive problem-finding and 'companion-style' compliance guidance gives firms more confidence in sustainable development. The authority said it will continue focusing on future-industry needs to inject tax momentum into Shanghai's economic development.