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Effective April 1, 2025, China is rolling out a series of major updates to the Certificate of Tax Residency process that will...

If you worked in China during 2024 and earned income subject to Individual Income Tax (IIT), you may need to participate in the annual...

On December 25, 2024, China's National People's Congress Standing Committee passed the new Value-Added Tax (VAT) Law, set to take effect...

In a collaborative effort, three Chinese ministries have issued a notice to optimize and adjust the "zero tariff" policy for raw...

The State Taxation Administration (STA) in China has released a draft of the Individual Income Tax Settlement and Payment Management...

The Shanghai Free Trade Zone (FTZ) Lingang New Area has released new guidelines offering corporate income tax (CIT) incentives to attract...

Corporate Income Tax (CIT) is a cornerstone of China’s tax system, impacting both domestic and foreign enterprises operating in the...

As China continues to modernise and expand its economy, tax compliance has become an increasingly critical focus for businesses operating...

China's tax administration framework is a critical element for businesses operating in the country. Efficient tax administration not only...

Operating in China presents significant opportunities for businesses, but the complexities of its tax laws can pose substantial...

China has officially enacted its Value-Added Tax (VAT) Law, marking a significant advancement in the nation's tax legislation. Approved...

On November 15, 2024, the Ministry of Finance (MOF) and State Taxation Administration (STA) announced adjustments to export tax rebates,...

As businesses expand into China, understanding the country’s tax and audit requirements is essential for compliance and financial...

China's tax regulations offer a significant incentive for businesses through the one-off deduction policy for fixed assets. This policy...

The amended PRC Company Law, in China was effective from July 1, 2024, introduces significant changes to corporate governance in China....

China’s R&D super deduction is a cornerstone policy aimed at fostering innovation across industries. By providing significant tax...

Shenzhen has officially reopened applications for the GBA Individual Income Tax (IIT) subsidy for 2024, a significant move aimed at...

China has recently updated its regulatory framework with the State Council’s Provisions on the Implementation of the Registered Capital...

In 2019, China introduced a significant change to its individual income tax (IIT) system by implementing the “six-year rule” for...

China has introduced a new tax incentive aimed at encouraging companies to invest in digital and smart upgrades of specific equipment....