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China Tax & Investment Express Issue No. 2023047 - Reform to further facilitate cross-border trade and investment
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: Administrative Measures of Zhuhai for the Financial Subsidy under the Preferential Individual Income Tax (IIT) Policy in Guangdong-Hong Kong-Macau Greater Bay Area (GBA); Application guidelines of Zhuhai on the 2023 financial subsidy for the preferential IIT policy in the GBA; Notice regarding deepening the reform to further facilitate cross-border trade and investment; Notice regarding expanding the pilot programs of high-level opening-up policies for cross-border trade and investment; Joint Statement between the People’s Republic of China and Socialist Republic of Vietnam on Deepening and Elevating the Comprehensive Strategic Cooperative Partnership and Building a Community with a Shared Future; Policies for promoting the high-quality development of advanced major industries in the Lin-gang New Area of China (Shanghai) Pilot Free Trade Zone.
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.