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.
E-Invoicing in China 2023: Expansion of the Fully Digitalized E-Fapiao Program (Updated)
We discuss the expansion of e-invoicing in China as the digital e-fapiao program widens its pilot roll-out with unique features.
China Extends Raft of Preferential Tax Policies and Fee Cuts
Further extensions to China’s preferential tax policies will help support small and low-profit companies and key industries.
China’s Tax Incentives for Small Businesses (Updated)
China endeavors to help small businesses survive and thrive. In this article, we introduce the major tax incentives in China to foster small businesses.
What Are the Tax Incentives in China to Encourage Technology Innovation? (updated)
We list major tax incentives in China to encourage technology innovation and share guidance on how to tap benefits listed in various preferential policies.
Preparing for China’s Annual CIT Filing: How to Deal with Book-Tax Differences
Book-tax difference management is a key aspect of annual CIT filing in China, which businesses need to handle to avoid unnecessary penalties.