Hello, most enterprises make the accounting policy of depreciation period of fixed assets according to the minimum depreciation period stipulated in the tax law. \n Unless otherwise stipulated by the competent departments of finance and taxation of the State Council, the minimum period for calculating the depreciation of fixed assets is as follows: \n (1) 20 years for buildings; \n (2) Aircraft, trains, ships, machinery, machinery and other production equipment, 10 year; \n (3) Appliances, tools and furniture related to production and business activities, 5 years; \n (4) 4 years for means of transport other than airplanes, trains and ships; \n (5) Electronic equipment, 3 years. The following is a query about the depreciation period of decoration expenses \n 1. Included in the fixed assets. If the renovation cost accounts for more than 20% of the original value of the house, or the renovation changes the use of the house or significantly prolongs the service life of the house, the renovation cost can be included in the fixed assets, and depreciation (renovation cost+original value of the fixed assets) will be accrued together with the original fixed assets within the remaining service life of the fixed assets from the next month of renovation. \n two. Included in the long-term deferred expenses If the decoration amount is large and the service life is long, the decoration expenses can be included in the long-term deferred expenses, and the amortization period can be implemented with reference to the estimated service life of the renovated house. \n three. Directly included in the current expenses If the decoration expenses are really small relative to the total assets of the enterprise, they can also be directly included in the current month. \n I hope my answer will be helpful to the Regulations for the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC) (Order No.512 of People's Republic of China (PRC)).

Article 70 Other expenses mentioned in Item (4) of Article 13 of the Enterprise Income Tax Law shall be regarded as long-term deferred expenses, which shall be amortized in installments from the month following the occurrence of the expenses, and the amortization period shall not be less than 3 years.

The above contents are for reference only, I hope I can help you. Thank you for your support. I wish you a happy purchase!