Other Briefings
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.
Tax and Fee Cuts Announced in China’s 2020 Work Report: Two Sessions Roundup
The tax and fee cuts and extended preferential policies offer targeted relief for businesses in China most impacted by the COVID-19 induced economic crisis.
China Extends VAT Preferential Policy for Small-Scale Taxpayers to the End of 2020
China is extending the preferential value-added tax (VAT) policy for its small-scale taxpayers to December 31, 2020. It was previously set to expire May 31, 2020.
Hong Kong’s New SME Financing Guarantee Scheme: An Explainer
We explain Hong Kong’s SME Financing Guarantee Scheme, which can be accessed by businesses who have struggled in the last several months due to COVID-19.
