Annual Audit in China: Frequently Asked Questions
China requires all foreign invested enterprises including WFOEs, JVs, FICEs, and ROs to comply with the annual audit and other compliances.
China Extends Tax Relief, Incentives for Small and Micro Businesses
China extends tax cuts for small and micro firms as the government seeks to stabilize the economy and stave off unemployment.
China’s IIT Law Updates: Six-Year Rule and Other Preferential Policies
China’s new Individual Income Tax (IIT) law came into effect on January 1, introducing new tax brackets and a slew of other changes to the country’s IIT system.
Annual Audit and Compliance in China – New Issue of China Briefing Magazine
The latest issue of China Briefing Magazine, Annual Audit and Compliance in China, is available for download from the Asia Briefing Publication Store.
Withholding Tax Deferral for Foreign Investment in China
China is offering withholding tax deferrals for reinvestments in the country. In this article, we look at who can benefit from this incentive, and what criteria investors must meet to qualify.
Fraud in China: Mitigate Your Risk Exposure
Many foreign companies are unprepared to deal with instances of fraud in China. In this article, we look at how to identify and assess fraud risks in China.
China’s IIT Reform: Seven Key Points from the Draft Implementation Rules
China’s IIT reform has created questions for taxpayers since its introduction. Read our seven key points from the draft implementation rules before calling your advisor.
China Export Tax Rebates to Increase November 1
Beginning November 1, China will expand and optimize export tax rebates to lower costs for businesses and encourage trade, the State Council recently decided.