What type of enterprise does the tourism development company belong to?

Tourism development companies belong to the lifestyle services industry that have changed from business tax to value-added tax.

Life services refer to various service activities provided to meet the daily needs of urban and rural residents. Including cultural and sports services, education and medical services, tourism and entertainment services, catering and accommodation services, daily services for residents and other daily services.

When taxpayers provide tourism services, they may choose to deduct the accommodation fees, catering fees, transportation fees, and visa fees collected from the purchaser of the tourism services and paid to other units or individuals from the full price and extra-price expenses. The balance after fees, ticket fees and travel expenses paid to other group tour companies is sales.