Tax

Tax-resident enterprises that hold 10% of shares of a foreign enterprise are required to report the relevant information to the tax authority.

Stamp duty on preference share transactions set at 0.1%

SAT revises the expense deduction amount for individual income tax of partnerships and proprietorships.

Telecom companies included in the VAT reform.

As one of the first taxpayer groups affected by the reforms replacing business tax with value added tax, law firms must adjust their engagement contracts, billing systems and compliance obligations

Administration of the determination of tax exempt qualifications of non-profit organisations strengthened.

I am looking to expand my business into China. I have been told that the kind of company I set up will have a big effect on how much tax I pay, especially when taking money out of China. What advice do you have

I am looking to expand my business into China. I have been told that the kind of company I set up will have a big effect on how much tax I pay, especially when taking money out of China. What advice do you have?

Following the SEC's suspension of the Big Four's Chinese affiliates, Chinese companies have few options, and looking to Hong Kong for help is not one of them. The answer lies in diplomacy