PRC Enterprise Income Tax Law
中华人民共和国企业所得税法
April 02, 2007 | BY
clpstaff &clp articlesEnterprise income tax rate for both FIEs and domestic companies set at 25%.
Promulgated: March 16 2007
Effective: January 1 2008
Applicability: For the purposes of this Law, the term "tax-resident enterprise" means an enterprise that is established in China in accordance with the law or an Enterprise that is established in accordance with the law of a foreign country (or region) but whose actual management organization is in China.
For the purposes of this Law, the term "non-tax-resident enterprise" means an enterprise that is established in accordance with the law of a foreign country (or region) and whose actual management organization is not in China but has an establishment in China, or, although it does not have an establishment in China, it has China-sourced income.
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