2022 Import-Export Taxes and Duties in China
We explain China’s updated import and export tax rates and duties for 2021, and highlight key issues that foreign companies should take note of.
Fujian Pingtan Extends 15% CIT for Qualified Enterprises Until End of 2025
Qualified enterprises in Fujian Pingtan Area can enjoy 15% CIT until December 31, 2025 – China’s national CIT rate is 25%.
E-Invoicing in China Gets Push with Advanced Version Piloted in Shanghai, Guangdong, and Inner Mongolia
Shanghai, Guangdong, and Inner Mongolia conduct pilot programs and introduce a brand-new and more advanced electronic fapiao.
China’s Golden Tax System Phase IV: An Explainer
We discuss how China’s Golden Tax System works and what businesses can expect from Phase 4 of the system that could be launched sometime in 2022.
How to Prepare for an Effective Annual Audit in China?
This article provides practical guidance on how to prepare for an effective annual audit in China, which is important to a company’s long-term development.
China Policy Change on Expatriates’ Tax-Exempt Benefits: Case Study and FAQs
We explain how the individual income tax burden in China could increase in 2022 for expats and how to prepare for the policy change.
Tax Incentives Offered in Specific Regions of China
This article notes the tax incentives offered region-wise in China, including the western regions, Hainan FTP, GBA, and certain economic development zones.
Annual Audit in China – New Issue of China Briefing Magazine
Download our latest digital issue of China Briefing magazine where we walk foreign businesses through the annual audit and compliance process in China.