Many exports from China are subject to higher net value-added tax (VAT) costs under a notice effective from July 1 2007.
July 01, 2007
Tax
Tax reduction for venture capital investment enterprises investing in unlisted technology SMEs.
June 02, 2007National LegislationECONOMIC POLICYSeveral Opinions on Accelerating the Promotion of Reform and Development of Industry Associations and Chambers of Commerce关于加快推进行业协会商会改革和发展的若干意见L2110/07.05.13ENVIRONMENTAL…
June 02, 2007Reduction and exemption of income tax of newly-established enterprises clarified.
May 02, 2007National LegislationCUSTOMS Measures for the Administration of Zhuhai Zone in the Zhuhai-MacaCross Border Industrial Zone珠澳跨境工业区珠海园区管理办法L5920/07.03.08ECONOMIC…
May 02, 2007Set-off of Value-added tax on purchases relating to imports clarified.
May 02, 2007Land value-added tax of 1% levied on newly-established premises in Beijing.
May 02, 2007Avoidance of double taxation issues between Hong Kong and the mainland clarified.
May 02, 2007Hong Kong and foreign companies making frequent visits to mainland China are likely to be subject to PRC enterprise income tax, while foreign investors, lenders and technology licensors will face challenges in seeking the most preferential rates of PRC withholding tax.
May 02, 2007This circular implements the .
May 02, 2007