Other Briefings
EU Chamber Business Confidence Survey: Key Findings and Takeaways
The EU Chamber’s annual survey on business confidence in China for 2024 provides a snapshot of the current business sentiment among European companies.
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.
Asia Transfer Pricing Brief: Q1 2024
In our Asia Transfer Pricing Brief for Q1 2024, we introduce Indonesia’s updated transfer pricing guidelines and highlight Singapore and Hong Kong’s progress on implementing Pillar Two income inclusion rule and domestic top-up tax rule.
China Announces Industrial Equipment Upgrading Action Plan
China announced an ambitious action plan for industrial equipment upgrading, which aims to drive technological innovation and economic growth through extensive investment and regulatory support. We highlight the key details and takeaways from the plan.
Annual CIT Reconciliation in 2024 – A Brief Guide for Companies
Companies are advised to begin tax filing procedures as soon as possible to complete CIT reconciliation before the deadline of May 31, 2024.
Hong Kong Launches a New Capital Investment Entrant Scheme
Launched in March 2024, the New Capital Investment Entrant Scheme (New CIES) makes investing in Hong Kong easier for eligible individuals.
