China Tax & Investment Express Issue No. 2023041 - Pilot Corporate Income Tax policies for venture capital enterprises in Xiongan New Area

China Tax & Investment Express (CTIE)* brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).

Matters covered in this issue include: Notice regarding the pilot Corporate Income Tax policies for venture capital enterprises in Xiongan New Area; Implementation plan of China (Zhejiang) Pilot Free Trade Zones Ningbo Area on promoting the high-level opening-up of cross-border trade and investment; Implementation plan of Beijing Zhongguancun National Independent Innovation Demonstration Zone on building a pilot financial reform zone to spur sci-tech innovation; Public notice regarding exempting authorized economic operators from guarantee for consolidated declaration in Comprehensive Bonded Zones.

Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.

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