Other Briefings
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.
China Extends Tax Breaks for Circuit Design, Software Enterprises as Trade War Drags On
China continues to announce a variety of support measures for its high-tech industries amid a protracted trade war with the US.
Hong Kong and Australia Sign New FTA
Hong Kong and Australia have formalized their trade relationship, with a new FTA and Investment Agreement signed on March 26, 2019.
China’s Lowers CIT for Pollution Prevention and Control Enterprises
China has reduced the CIT rate to 15% for enterprises engaged in pollution prevention and control like waste management or pollution monitoring.
Greater Bay Area Subsidies to Boost Overseas Talent Acquisition
China will grant subsidies linked to individual income tax to overseas ‘high-end’ and ‘urgently-needed’ talents working in the Greater Bay Area.
China to Cut US$45 Billion in Fees and Tariffs
China will cut US$45 billion in fees and tariffs for businesses and individuals as the government seeks to ease the pressure of a slowing economy.
