Business

CIT Deductions in China

The tax department has now clarified which documents are required for corporate income tax deductions in China. Read on to find out all you need to know about the essentials

Cloud Technology In China

China’s cloud industry is expected to grow to US$103 billion by 2020. The growing demand for cloud technology has led to domestic & foreign IT companies rolling out new services.

China Slashes Tax Rates

The tax reform means cuts to vat in China are currently taking place, benefitting eligible businesses in several different ways. China will cut value-added tax (VAT) rates for businesses in

Beijing Attracts Foreign Talent

Beijing now offers new incentives such as China’s green card and more to attract only the best foreign experts to innovative Zhongguancun science park. Beijing has announced new visa, residency,

Beijing Attracts Foreign Talent

Beijing now offers new incentives such as China’s green card and more to attract only the best foreign experts to innovative Zhongguancun science park. Beijing has announced new visa, residency,

Withholding Tax Deferral Plans

Foreign investors can now check the criteria for withholding tax deferral treatment on dividends to see if they are eligible. On December 21 2017, authorities clarified the criteria for withholding

Coworking Space Regulated

The current expansion of coworking spaces is slowly but surely taking place and despite obvious dilemmas for the government, the industry prepares for continuous regulation. 576 coworking and incubator spaces

China Cuts on Consumer Goods

It’s just a matter of time before china sees Reduced tariff rates on almost 200 types of consumer goods. with the aim of encouraging domestic consumption, the new tariff rates

China Bans Imported Foreign Waste

In a continued effort to reduce domestic pollution, China will ban the import of 24 types of waste by the end of the year as part of a campaign against

Why’s China’s Tax Law So Complex?

China’s tax system can be bewildering for foreign investors. Despite recent efforts to streamline the tax system, the World Bank ranked China 131 out of 190 jurisdictions for ease of