corporate income tax china

Tax Exemption Now Available for Companies with Annual Revenue of Up to 200,000 RMB!

By Richard Hoffmann, ECOVIS Beijing China Always paying too much taxes? China has raised the upper limit of tax exemption for small companies from 100,000 to 200,000 RMB total annual revenue. (more…)

China’s Corporate Income Tax Update: What You Need to Know

By Richard Hoffmann, ECOVIS Beijing China Watch out! China’s new regulations on corporate income taxation regulate inter-company expenses. Learn how to manage payments from related companies to avoid paying too much taxes. (more…)

Corporate Income Tax – Part 3, Resident enterprise

By Richard Hoffmann, ECOVIS Beijing Resident enterprises are either established under the laws of the PRC or founded outside, but with a place of effective management in China in the sense of a management which is substantial and has overall...

Corporate Income Tax – Part 2, Non-resident enterprise with a PE

By Richard Hoffmann, ECOVIS Beijing Our last article covered the case of a non-resident enterprise without a permanent establishment. In this article, we will discuss the situation if you are a non-resident enterprise with a permanent establishment. When it comes to Corporate Income...

Corporate Income Tax – Part 1, Non-resident enterprise without a PE

By Richard Hoffmann, ECOVIS Beijing China When it comes to Corporate Income Tax, you should pay attention because, on one hand, there are benefits you don’t want to miss, but on the other hand, there are losses and penalties you don’t want...

Corporate Income Tax – and Individual Income Tax – VAT Refund

Do you have a company in China? Are you working in China and paying taxes? Do you provide services to your HQ and get exempted for “export of services”? In our next seminar we will not only be covering these...

Tax in China – Taxation in the PRC

By Richard Hoffmann, ECOVIS Beijing China Understanding the tax system in China can be challenging. 25 common types of taxes are currently levied on either enterprises or individuals. Some are of common nature but several are only imposed on very...