Other Briefings
China’s New Measures to Optimize Credit Management on Tax Payment
Starting November 1, 2020, tax authorities will implement four measures to optimize China’s credit evaluation system for taxpayers.
Profit Repatriation from China: Compliance Procedures for Outbound Payments
China has specific compliance requirements for each channel the foreign invested entity may choose in order to make outbound payments.
Lower Corporate Tax Rate in Lingang New Area of Shanghai FTZ: Eligibility Criteria
Eligible enterprises engaged in four key technology industries – integrated circuits, AI, biomedicine, and civil aviation – will benefit from the reduced tax rate.
China’s Incentives for Integrated Circuit, Software Enterprises
With the looming possibility of a US-China technology decoupling, China is improving its incentive schemes for its integrated circuit and software industries.
The Greater Bay Area and Hainan FTP: Comparing China’s Preferential Policies
The GBA and Hainan FTP lead China’s renewed efforts to improve its incentives, capacity, and infrastructure for investors, traders, and manufacturers.
How the Tax System is Organized in China
Given that China’s tax system is still evolving, this article looks at the legislative and regulatory bodies that are responsible for tax administration.
IIT Subsidies in China’s Greater Bay Area: You Can File Your Applications Now
From July 2020, qualified talents and employers can file their applications for individual income tax subsidies in most cities in the Greater Bay Area.
China Announces More Fee Cuts, Companies Expected to Save RMB 310 billion in 2020
The latest cuts include reductions and waivers to electricity fees, port costs, highway tolls, telecommunication rates, and oil liability insurance.
