by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRChina offers powerful CIT incentives that cut the 25% rate well below the headline. High and New Technology Enterprises (HNTEs) pay 15%. Small Low-Profit Enterprises (SLPEs) pay an effective 5% on the...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRChina’s Corporate Income Tax (CIT) is levied at a standard 25% rate on the worldwide profits of resident enterprises and the China-source profits of non-residents. There are no provincial add-ons,...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRIncome from operating sole proprietorships, partnerships and other privately-owned businesses is taxed under a separate IIT category with its own progressive rates of 5% to 35%, applied to net business...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRInvestment income in China is taxed separately from comprehensive income. Dividends and interest are generally taxed at a flat 20% with no deduction, though some categories have reductions. Capital gains...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRSalary is the most common income type in China, taxed as part of residents’ comprehensive income at 3%-45%. Employers withhold IIT monthly using the cumulative method and also handle mandatory...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRBeyond the RMB 60,000 standard deduction, China lets residents claim special additional deductions that significantly reduce IIT. These cover children’s education, continuing education, serious...
