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Shenzhen Reopens GBA IIT Subsidy Applications for 2024

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Shenzhen has decided to accept supplementary declarations for GBA IIT subsidy. The application period is from September 10, 2024, to October 10, 2024

China Monthly Tax Brief: August 2024  

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In this monthly China tax brief for August 2024, we spotlight policies and measures just announced or scheduled for implementation.

Decoding China’s H1 2024 Foreign Direct Investment (FDI) Performance

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In H1 2024, China’s FDI fell 29.1 percent to US$69.93 billion, but new foreign-invested enterprises rose 14.2 percent, with Germany and Singapore boosting investments in high-tech and green sectors.

China Monthly Tax Brief: July 2024

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Highlights from this monthly China tax brief include multiple tax incentives for encouraging green development, supporting listed SMEs, and guiding M&As.

New Draft Measures to Further Clarify Implementation of China’s Amended Company Law

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The draft measures clarify requirements for company registration, removal of personnel, payment of registered capital, and many other rules under the amended Company Law.

China Offers Special Equipment Tax Incentive for Green and Digital Development

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The new incentive allows companies to deduct investments in digital and smart upgrades of special equipment from their corporate income tax.

China’s Health Supplements Market: Trends and Opportunities for Businesses

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China’s health supplements market, valued at US$45.5 billion in 2023, is growing rapidly due to increased health awareness post-COVID-19, with strong demand across vitamins, herbal products, sports nutrition, and weight management. We explore the latest trends and market dynamics.

Complying with New Registered Capital Rules under China’s Revised Company Law

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Companies established before the new company law took effect on July 1, 2024, should note the timeline to adapt to the new registered capital rules in China.

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