China Taxation
In the current tax system, China’s taxation includes taxation on turnover (including value added tax, consumption tax, business tax and customs duty), taxation on profits/income (including corporate income tax for enterprises with foreign investment and foreign enterprises, and individual income tax), taxation on property and deeds (including real estate tax, contract tax and stamp duty), and taxation on natural resources (including resources tax), which are respectively in relation to different objects of taxation.
Moreover, China’s taxation can be categorised into central taxation, local taxation, as well as local & central sharing taxation, in terms of revenue attribution and collection jurisdiction, according to which, the tax preferences and tax rates enjoyed by different corporations are always different.
Our Services Include:
- Application and Advisory for Tax Preferences
- Corporate Tax Advisory
- Individual Income Tax Declaration for Foreigners
- Application for General VAT taxpayer
- Tax Planning of Fixed Assets
- Transfer Pricing Service
- Tax Final Settlement
- Enterprise exemption and refund