China is one of the biggest markets in the world and is attracting more and more global investors to move into the China market. In order to run the business in a most cost efficient way, it is necessary for the foreign investors to understand all the potential relevant tax costs that would be incurred in China before making an investment decision. In addition, different type of investment activities will trigger different types of taxes.
You can learn about China's tax policies and regulations.
You can understand the impact of tax laws on foreign investment in China
You can master the enterprise in the VAT reform in expanding around the pilot to adjust in accounting
You can grasp the meaning and usage of key taxes , such as Corporate income tax.
You can familiar with trial reform of the tax planning under the new basic concepts and skills.
You can understand the pilot reform possible strategy for enterprise influence.
Foreigners
Foreign Investment Enterprises ("FIEs")
Foreign Enterprises ("FEs") doing business in China
Module 1 China's Taxation System
Framework of tax system in China
Classification of taxes and Type of Tax
Module 2 Analysis of Specific Taxes
Tax on income
Corporate income tax ("CIT")
- standard tax rate is 25%
- the tax rate could be reduced to 15% for qualified enterprises which are engaged in industries encouraged by the China government.
Individual income tax ("IIT")
- progressive rates range from 5% to 45%.
Tax on transactions
Value-added tax
- The meaning and the scope
- The standard tax rate is 17% with certain necessities taxed at 13%.
Consumption tax
- The meaning and the scope
- Tax rate
Business tax
- The meaning and the scope
- Tax rate
Tax on specific objective
Land appreciation tax
- The meaning and the scope
- Calculation of added value
Tax on resource
Resources tax
- The meaning and the scope
- Tax rate
Tax on property
Real estate tax
- The meaning and the scope
- Tax rate
Tax on behavior
Vehicle and vessel tax
- The meaning and the scope
- Tax rate
Motor vehicle acquisition tax
- The meaning and the scope
- Tax rate
Stamp tax
- The meaning and the scope
- Tax rate
Tax levied by the Customs
Customs duties
- The meaning and the scope
- Tax rate
Tax levied by finance department
Deed tax
- The meaning and the scope
- Tax rate
