Tag: Tax Advisory

August 18, 2022

Greater Bay Area China: Individual Income Subsidy For Foreign Talent in the GBA

In order to attract high-skilled and urgently needed talents, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) introduced a preferential individual income...
Read more right
July 29, 2022

VAT in China Frequently Asked Questions

In light of the constantly changing tax and regulatory environment, and in an effort to provide a better understanding of how...
Read more right
May 12, 2022

China VAT Guide: Everything You Need To Know About China’s VAT System

China’s VAT system is widely considered to be quite a complex system. Over the past few years, it has undergone and...
Read more right
March 16, 2022

China Individual Income Tax Settlement 2022

In this article, we take a deeper look at the specificities of taxable income, deductions, individuals with tax filing exemptions, and...
Read more right
January 12, 2022

Tax Evasion In China

With the Chinese government increasing their efforts on the monitoring of tax evasion, it has become even more important for companies...
Read more right
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...
Read more right
September 30, 2021

Social Security Exemptions for Foreign Individuals in China

Under a tax treaty to which the People’s Republic of China (PRC) is a contracting party, PRC tax residents and foreign...
Read more right
September 15, 2021

China’s 2021 Free Trade Zones Update – Updated Policies and Guidelines

The People’s Republic of China levies a wide range of taxes including income related taxes such as Corporate Income Tax (CIT)...
Read more right
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...
Read more right
March 31, 2021

Individual Income Tax Preferential Tax Treatment for Foreigners

According to China’s existing Individual Income Tax (IIT) law, which came into effect on 1 January 2019, expatriates in China can...
Read more right