Shanghai's low-altitude economy is growing fast, with 251 startups by the end of 2025 and over half of China's leading eVTOL firms based in the city. Tax authorities advise companies to guard against risks in R&D expense aggregation, revenue accounting and consolidated-tax rules, and the article examines practical difficulties in claiming R&D super-deductions.
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Low-Altitude Economy Takes Off, Tax Risks Should Be Avoided Early
Shanghai's low-altitude economy is growing fast, with 251 startups by the end of 2025 and over half of China's leading eVTOL firms based in the city. Tax authorities advise companies to guard against risks in R&D expense aggregation, revenue accounting and consolidated-tax rules, and the article examines practical difficulties in claiming R&D super-deductions.
2026-10-03