Shenzhen SEZ’s new Rules clarify matters related to incorporation and dormancy, licensing procedures, and a green channel for Hong Kong and Macao investors.
We discuss the incentives for foreign businesses to invest in Shenzhen, including key subsidy schemes and the region’s industrial growth priorities.
As Shenzhen SEZ marks 40 years of growth and innovation to transform into a megalopolis, more comprehensive pilot reforms are expected in the next five years.
Including city-specific details on Chengdu, Guangzhou and Shenzhen Feb. 7 – Both Chinese nationals and a foreign individuals are subject to a combination of taxes on real estate rental income: including individual income tax (IIT), business tax (BT), property tax (PT), urban maintenance and construction tax (UMCT) and an education surcharge (ES). If simply left […]
By Vivian Ni Nov. 29 – Increasing labor costs have become a major concern for foreign companies mulling whether or not to invest in China, but this may not be the only labor-related issue they should be watching out for. As the recent global economic downturn brings about falling factory orders, an abundance of young, […]