Tax Incentives Available to Businesses Impacted by the Shanghai Lockdown
As China fights the latest wave of COVID-19, we summarize the Shanghai tax incentives that businesses can enjoy during the current lockdown.
China Annual IIT Reconciliation – Your Tax Refund FAQs Answered
We answer frequently asked questions by expatriates on annual IIT reconciliation, when does it apply, and eligibility for tax refunds in China.
How Can Expats Complete Annual Individual Income Tax Reconciliation Amid China’s COVID-19 Curbs?
We discuss the methods of tax settlement available to expats completing their annual IIT reconciliation in China.
Tax Relief for Manufacturing SMEs Bears Fruit as China Defers US$39 Billion
Manufacturing SMEs enjoyed US$39.1 billion in tax deferrals in March 2022. What China tax incentives are available for SMEs, and can they help boost growth?
China Further Increased Tax Support for R&D Investments in 2022
China further increased its tax support for R&D investments in 2022, expanding super deduction on R&D expenditure to TSMEs. in an effort to encourage innovation, promote industrial upgrade, and strengthen the core competitiveness of the country.
15 Types of Contracts That Are Not Subject to Stamp Tax in China
We highlight the 15 types of contracts in China that are not subject to stamp tax. Businesses should note these policies are subject to change.
Hong Kong Budget 2022-23: All You Need to Know
We dissect Hong Kong’s 2022-23 Budget, which includes spending plans worth over HK$170 billion to boost the economy and maintain public confidence.
New Relief Measures for Service Industry and Small Businesses in China in 2022
A new list of preferential policies is set to help catering, transport, and retail companies, as well as small businesses in China. What are the benefits?