Legislation roundup: Foreign investment tax incentives, Data transfer and Commercial cryptography

STA offers substantive tax deduction incentives to foreign investors. CAC specifies procedures for extending security assessment approval for cross-border data transfers. Critical information infrastructure operators are required to conduct security assessments before applying commercial cryptography.

Tax

State Taxation Administration, Announcement on the Tax Set-Off Policy for Direct Investment of Distributed Profits by Foreign Investors
财政部、国家税务总局、商务部关于境外投资者以分配利润直接投资税收抵免政策的公告

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]