China will further relax restrictions on foreign investment access in many fields

China will further relax restrictions on foreign investment access in many fields 【2021-10-22 Source: Xinhua News Agency】 Xinhua News Agency, Beijing, October 22. The Ministry of Commerce issued the “14th Five-Year Plan” development plan for the utilization of foreign capital on the 22nd. According to the plan, during the “14th Five-Year Plan” period, my country […]
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Announcement of the State Administration of Taxation on Matters concerning the Collection and Administration of Urban Maintenance and Construction Tax

Announcement of the State Administration of Taxation on Matters concerning the Collection and Administration of Urban Maintenance and Construction Tax 【Announcement No. 26 of 2021 of the State Administration of Taxation】 In order to implement the “Opinions on Further Deepening the Reform of Tax Collection and Administration” issued by the Central Office and the Office […]
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中國跨境調整 2

Announcement on matters related to pre-tax deduction of advertising expenses and business promotion expenses

Announcement on matters related to pre-tax deduction of advertising expenses and business promotion expenses Source: Ministry of Finance and State Administration of Taxation Announcement No. 43 (2020) Date: November 27, 2020 In accordance with the “Enterprise Income Tax Law of the People’s Republic of China” and its implementation regulations, the announcement regarding the pre-tax deduction […]
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中國調整 1

China no longer classifies foreign-funded enterprises according to Sino-foreign joint ventures and cooperation

China no longer classifies foreign-funded enterprises according to Sino-foreign joint ventures and cooperation Source: State Council Date: December 21, 2020 In order to implement the “Foreign Investment Law”, the State Council recently issued the State Council Order No. 732, promulgating the “Decision of the State Council on Amending and Repealing Certain Administrative Regulations”, and sorting […]
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Guangzhou implements a convenient plan for free customs clearance of trade in the Greater Bay Area

Guangzhou implements a convenient plan for free customs clearance of trade in the Greater Bay Area In order to implement the important deployment of “Promotion of Trade Liberalization” in the “Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area”, strengthen the overall coordination of trade liberalization and customs clearance facilitation, and recently reviewed and […]
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