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Foreign companies in China’s development zones can benefit from a reduced 15 percent corporate income tax (CIT), as long as they can...

Technology innovation has become in the past few years a major priority for the Chinese government, whose goal is to transition the...

Foreign companies operating in China often rush to get their finances ready for tax season, making sometimes costly mistakes. Every year,...

The Chinese government is evaluating an updated draft version of the value-added tax law (VAT law), which will consolidate previous tax...

China’s tax authorities are in the process of executing a new advanced tax collection and payment system, which will digitalize the...

The Chinese Ministry of Finance (MOF) and State Taxation Administration (STA) announced the extension of preferential individual income...

Doing business in China can be a great opportunity for foreign companies, but with this opportunity comes the responsibility of meeting...

China will exempt small businesses with monthly sales of 100,000 yuan (about US$14,790) or less, as well as taxpayers in specific...

Shifts in global strategies and business models caused by the COVID-19 pandemic have had an impact on numerous segments of the end-to-end...

Chinese authorities are enforcing more consistently "anti-tax avoidance" measures, including tax on equity transfer of China resident and...

When it comes to selling your made in China product in the Chinese market, the process can be considerably more difficult than it seems...

Companies in China with employees working in cities where the firm doesn’t have a registered address may seek to engage third-party local...

A growing number of foreign companies is looking to start or increase their import-export business in China. Classifying and declaring...

Due to its rapidly aging demographics, the Chinese government has made the reform of its pension and retirement system a national...

The Chinese government is determined to transform the country into a green, low-carbon, and circular economy. Foreign companies doing...

The new Stamp Tax (ST) Law in China, effective since July 1, 2022, has been updated to simplify the existing system of taxation, as well...

The Chinese authorities have decided to take additional measures to implement more tax and fee reduction policies to better stabilize the...

Effective September 1, 2021, the new Urban Maintenance and Construction Tax Law (UMCT), as well as three supporting regulations,...

Foreign companies operating in China can benefit greatly from the Taxpayer Rating System in China; a good tax credit rating and enjoy...

In an effort to create greater opportunities for foreign investment and facilitate cross-border trade, the Chinese Ministry of Finance...