Tag: Corporate Income Tax (CIT)
September 21, 2023
Annual Audit and Compliance in China: Important Considerations for Foreign Companies Operating in China
At the end of the fiscal year, all foreign companies must complete the annual audit and other annual compliance procedures as...
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November 23, 2022
Tax Rates in China: The Differences Between the Main Tax Rates
In accordance with Chinese tax legislation, every company operating a subsidiary in the country is obligated to fulfill monthly tax filings...
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April 22, 2022
Latest Tax Incentives for Businesses in China 2022
Since the outbreak of Covid-19, the Chinese government has implemented various support measures to assist, especially small and medium-sized, enterprises weather...
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January 4, 2022
China Extends Preferential Individual Income Tax Treatment for Foreigners
There has been a great deal of public interest on the preferential tax policy for foreigners in China and whether it...
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November 19, 2021
A Complete Overview of the Tax System in China
We explore the tax system in China, giving you a brief understanding of the different tax categories that may apply to...
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April 29, 2021
China’s Corporate Income Tax
China's Corporate Income Tax (CIT) is generally applicable to all companies in China or those with business activities in China. A...
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July 10, 2019
China cuts Pension Contributions for Employers across all of China: implications for Businesses
China has lowered employer contributions to the country's Pension Fund. These significant reductions to employer social security contributions may be one...
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July 9, 2019
China’s Recent Tax Reforms and Implications for EU SMEs
China has recently implemented changes and reforms to the Individual Income Tax (IIT), the Value Added Tax (VAT) and Corporate Income...
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February 11, 2019
China cuts Taxes for SMEs and low-profit enterprises
China's State Council introduced tax cuts for SMEs and low-profit enterprises. Among others, Corporate Income Tax (CIT) and Value Added Tax...
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November 26, 2018
China Monthly, Quarterly and Annual Compliance Requirements
Most companies in China must meet several monthly, quarterly and annual tax deadlines and compliance requirements. This article will discuss Corporate...
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