RsA Asia China Tax and Corporate Guide 2023

RsA Asia has published the China Tax and Corporate Guide 2023, updated to reflect the ongoing reformations of the tax system.

The Chinese tax system has developed close to the country's economic growth. The economic boom that has characterized past and recent years have made clear the necessity of overhauling a regulatory system to provide stability in the administration of the country, even in the tax field. The desire to become a leader in the Asian area, keeping up with the major world powers, has led China to make numerous amendments to improve and adapt the tax system to the rapid expansion of the economy and, at the same time, to attract an increasing number of foreign companies.

The RsA Asia China Tax and Corporate Guide 2023 hard copies are freely available at all of RSA's events or can be obtained from our head office in Shanghai.

Table of Contents

1. China tax system

2. Tax registration and collection

3. Individual income tax

4. Company income tax

5. Value added tax

6. Customs duties

7. Other taxes

8. Transfer pricing

9. International tax treaties

10. Corporate Structures

Appendix I: Individual Income Tax of the PRC

Appendix II: Company Income Tax of the PRC

Appendix III: Value-Added Tax Interim Regulations of the PRC

Appendix IV: Company Law of the People's Republic of China

Appendix V: Foreign Investment Law of the People’s Republic of China

Appendix VI: Law of the People's Republic of China on Wholly Foreign-owned Enterprises

Appendix VII: Law of the People's Republic of China on Sino-Foreign Equity Joint Ventures

Appendix VIII: Law of the People's Republic of China on Sino-Foreign Cooperative Joint Ventures

Appendix X: Tax treaties of the PRC

Appendix XI: Applicable withholding tax rates in China’s DTA

Appendix XII: Organizational Structure of State Administration of Taxation