Other Briefings
Tax, Accounting, and Audit in China 2019-20 – New Publication from China Briefing
Tax, Accounting and Audit in China 2019-2020 is now available for download on the Asia Briefing Publication Store.
China Clarifies Input VAT Credits for Domestic Transport Services
Businesses in China can continue to claim input VAT credits for domestic transport expenses incurred by its contracted employees and dispatched staff.
China’s New Policy for VAT Credit Refund for Some Advanced Manufacturers
General industry and advanced manufacturing industry taxpayers in China will benefit from new policies related to the refund of end-of-period VAT credit. We unscramble the new policy announcements here.
What You Need to Know about China’s New IIT Regime
China’s new IIT regime includes revised tax brackets, expanded deductibles, and new residency rules for those without domicile in the country.
Profit Repatriation from China
Profit repatriation from China is a concern for foreign companies with subsidiaries in the country. We discuss the common repatriation methods and key considerations for businesses.
Establishing a Hong Kong Holding Company for Your Business in China
Many companies looking at the Chinese market choose to establish a holding company or special purpose vehicle to hold their Chinese investments.
China’s Tax Concessions for Elderly Care, Childcare, and Domestic Services Industries
We briefly examine China’s new tax concessions for its elderly care industry, childcare, and domestic services and the opportunities and challenges for investors.
China’s ‘Fapiao’ Invoice System Explained
In China, a fapiao is a legal receipt that serves as proof of purchase for goods and services. The larger fapiao invoice system, however, is an essential component of China’s tax law, and compliance for businesses.
