Other Briefings
Case Study: Individual Income Tax Compliance
As part of our mission to provide business intelligence on the tax issues of doing business in China, China Briefing presents a series of case studies based on the practical experience of professionals at Dezan Shira & Associates, this time focusing on individual income tax compliance.
Accounting Records in China: Keeping up to Date with the New Regulations
China’s Ministry of Finance (MOF) and the National Archives Bureau have jointly adopted a revised “Administrative Measures on Accounting Records”. In effect since the beginning of the year, the new measures are significantly different to the previous 1999 legislation and are important for all enterprises with operations in China.
Are You Qualified? Handling Internal Bookkeeping in China
China has recently released new provisions that permit accounting companies to engage in agency bookkeeping, allowing them to handle bookkeeping services entrusted by a client. However, the provisions contain strict guidelines on which entities can qualify.
Obtaining the Certificate of Chinese Tax Resident
Certifications and licenses are more important than one would imagine in China’s business market and tax system. In this article, we introduce what is known as a Certificate of Tax Residency, and provide detailed guidelines on how foreign expats and enterprises can obtain the certificate.
Simplified Application Procedure for VAT General Taxpayer Status in China
Although China’s VAT rate for small-scale taxpayers is much lower than that for regular taxpayers, general VAT taxpayer status allows companies to save considerable amounts. In this article, we detail the simplified procedure for general VAT taxpayer status applications, as well as explain how to deal with VAT deduction problems.
Tax, Accounting and Audit in China 2016 – New Publication from China Briefing
Tax, Accounting, and Audit in China 2016, out now and available for download in the Asia Briefing Bookstore, offers a comprehensive overview of the major taxes that foreign investors are likely to encounter when establishing or operating a business in China.
A Guide to China’s Stamp Duty
Many foreign investors are not aware of China’s stamp duty, and are subsequently subject to penalties due to neglect or late payments. In order to avoid fines of up to 30 times tax payable, investors should take heed of the key rules for stamp duty in China as outlined in this article.
Tax Practice: Applying for Tax Benefits under International Tax Treaties in China
Find out the application procedures for a non-resident enterprise to enjoy tax benefits under the double taxation avoidance agreements and other international tax treaties between China and foreign countries.
