Other Briefings
China Monthly Tax Brief: May 2024
Highlights from this monthly China tax brief include the new beneficiary owner reporting rules to be effective from November 1, 2024, the expanded tax incentives in the Qianhai Cooperation Zone, and the advance tax ruling measures implemented in Beijing and Maoning City.
Tax Implications for Businesses Under China’s New Company Law
Under the New Company Law, companies and stakeholders face new tax implications. Ahead of its implementation, thorough understanding, staying informed, and consulting legal and tax experts are essential for proactive risk management.
An Introduction to Doing Business in Hong Kong 2024
This publication, updated in April 2024, is designed to introduce the fundamentals of doing business in Hong Kong. This guide covers corporate establishment, tax and audit, HR and payroll, and cybersecurity and data protection.
Filing Individual Tax Returns in Hong Kong: A Complete Guide
Hong Kong’s Inland Revenue Department has issued the Individual Tax Return for the year of assessment 2023/24. Individual taxpayers are advised to start preparations early and allocate sufficient resources to meet the deadline.
China’s New Tariff Law: Consolidating and Codifying Existing Tariff Regulations
China’s new Tariff Law consolidates prior rules on import and export duties and codifies measures for imposing counter-tariffs on imported goods.
China Monthly Tax Brief: April 2024
Highlights from this monthly China tax brief include a new tariff law, extended IIT payment period for listed company equity incentives to 36 months, streamlined foreign exchange management rules, and guidance for individuals handling overseas tax and fee liability.
Tax Incentives for Manufacturing Companies in China in 2024
China implements a wide range preferential tax policies for manufacturing companies, including VAT rebates, reduced corporate tax rates, and R&D incentives.
Shenzhen’s Qianhai Cooperation Zone Expands Preferential IIT and CIT Policies
The Shenzhen Municipal Tax Bureau, Shenzhen Municipal Finance Bureau, and State Tax Administration have issued two notices broadening tax incentives for individuals and companies in the Qianhai Cooperation Zone.
