Hotel opening and renovation

1. The decoration expenses incurred in the leased business premises shall be included in the "long-term deferred expenses-decoration expenses" subject, which can be amortized according to the three-year term or lease term stipulated in the tax law.

2. The leased business premises are not the property of the hotel, so the renovation expenses incurred cannot be included in the "fixed assets" subject.

3. The decoration fee cannot be included in the organization fee, which does not belong to the organization fee accounting content. Organization expenses refer to the expenses incurred by an enterprise during the preparation period, including personnel salaries, office expenses, training fees, travel expenses, printing fees, registration fees, exchange gains and losses and interest that are not included in the cost of fixed assets and intangible assets.