Other Briefings
Shenzhen Extends Application Deadline for 2021/2022 IIT Subsidy to October 20
Shenzhen has extended the individual income tax (IIT) subsidy application deadline for foreign and in-demand talent to October 20, 2023, from September 30.
Challenges and Solutions for European Businesses in China: Insights From the EU Chamber’s Position Paper 2023/2024
The Position Paper makes several recommendations for policymakers to address the challenges identified and possible solutions. Regardless of the shifts in perspectives, European businesses remain invested in the China growth story and are keen to be able to play a role in the evolving market landscape.
China Announces New Additional VAT Deduction for Advanced Manufacturing Companies
China’s tax authorities have announced a new additional 5% VAT deduction for companies in the advanced manufacturing sector.
China Monthly Tax Brief: August 2023
In August 2023, over 30 tax policies and guidelines were released by China’s Ministry of Finance (MOF), State Taxation Administration (STA), and other departments.
China’s Data Center Sector: Industry and Regulatory Insights
China’s data center ecosystem is largely contributing to the country’s rapid rise as a global technology powerhouse. This article explores the catalyst factors behind its remarkable growth, influential players in the ecosystem, and key regulatory frameworks.
China Annual (One-Off) Bonus: What is the Income Tax Policy Change?
We explain the preferential income tax treatment on annual bonus for some tax residents in China (including expatriate staff) – now extended to end of 2027.
China Issues 24 New Measures in Clear Directive to Boost Foreign Investment
New guidelines tackle challenges faced by foreign companies in China in bid to attract foreign capital.
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.
