March 6, 2019

On March 5th, 2019, China announced reductions to the Value Added Tax (VAT). The VAT rates of 16% and 10% will be decreased to VAT rates of 13% and 9%. In the announcement, no specific date on which the new VAT reductions will come into effect was provided, but it coul...

March 4, 2019

Please participate in the Sino Benelux Business Survey 2019. With your help, we will answer the question how Benelux companies in China have performed in 2018 and what their expectations are for 2019. The survey is completely anonymous, meaning we will not require you...

March 3, 2019

The Permanent Establishment (PE) is frequently used in double taxation avoidance agreements (DTAs). When a PE is constituted, China levies taxes over service fee payments between a foreign company and a local entity

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China Corporate Social Credit System (Part 3): consequences for businesses (punishments & rewards)

October 31, 2019

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