Nov. 17 – In a move to substantially reduce the financial burdens on the country’s micro and small-sized enterprises (MSEs), China recently announced that MSEs would be exempt from 22 types of administrative fees charged by 13 different government departments. The introduction of this new favorable fiscal measure is yet another step China is willing to take to assist its MSEs following other recent promises of favorable loan offers and tax treatment.
According to the “Circular on MSEs’ Exemption from a Few Administrative Fee Charges (caizong  No.104)” co-issued by the Ministry of Finance and the National Development and Reform Commission on November 14, MSEs will be exempt from the following administrative fees between January 1, 2012 and December 31, 2014:
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