by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRChina CIT taxable income is gross income minus deductible costs, expenses and carried-forward losses. Deductions are generally only accepted when supported by fapiao — official Chinese tax invoices....
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRChina levies withholding tax on China-source passive income paid to non-resident enterprises. Dividends, interest and royalties are generally subject to a 10% withholding tax, reduced to 5% or lower...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRForeign investors in China typically operate through a Wholly Foreign-Owned Enterprise (WFOE), a Joint Venture (JV), or a Representative Office. A WFOE is a resident enterprise paying 25% CIT (less any...
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...
