China Further Expands Currency Conversion Program for MNCs
China’s cash pooling pilot program has expanded to give MNCs more freedom in currency conversion and cross-border use of funds. It will reduce currency exchange risks and financial costs and helps advance the internationalization of the RMB.
Applying for the Preferential Individual Income Tax Policy for High-End and In-Demand Talent in Hengqin, Zhuhai
The Hengqin Cooperation Zone in Zhuhai, Guangdong has released a guide to applying for the preferential IIT policy for high-end and in-demand talent.
Pre-Tax Super Deduction of R&D Expenses in China – An Explainer
Companies can apply for a pre-tax super deduction of 200% of their China R&D expenses – we explain who is eligible and how to apply it.
Preparing for China’s Annual CIT Filing: Guidelines for Non-Resident Enterprises
With the deadline for the 2022 annual CIT filing at the end of May, we look at the requirements for non-resident enterprises.
Hengqin Cooperation Zone in Zhuhai, Guangdong Releases Rules for Preferential Income Tax Policy
The new rules explain which talent is eligible to enjoy the preferential 15 percent individual income tax policy.
Investing in Guangdong – Preferential Tax Policies in Hengqin New Area, Zhuhai
Hengqin New Area in Zhuhai, Guangdong launches preferential tax policies to spur economic growth and deepen integration with Macao.
Hengqin Cooperation Zone Releases Catalogue of Industries Encouraged for Investment
China’s macro planner has released a new list of 185 industries that are encouraged for investment in the Hengqin Cooperation Zone of the Greater Bay Area.
Preparing for China’s Annual CIT Filing: FAQs on Pre-Tax Deduction Vouchers
Pre-tax deduction vouchers are a critical part of annual CIT reconciliation in China. We discuss key aspects that financial managers and auditors should be aware of.












