deemed profit rate

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...

Changes, Changes, Changes. Taxes after the VAT reform.

By Richard Hoffmann, ECOVIS Beijing China The customer: A manufacturing company from Germany - delivery of machinery to China The Issue: Our client delivered his product (machinery) to China.  He helped with the installation of the machine and also trained the staff...