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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: Preferential Corporate Income Tax policies for enterprises in the Shenzhen Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (HTCZ); Preferential Individual Income Tax policies for enterprises in the Shenzhen Park of the HTCZ; Public notice on consultation of public opinions on the “Regulations on the Implementation of Registered Capital Registration and Management System under the Company Law of the People’s Republic of China (PRC) (Discussion Draft)”; Notice issued by the Shanghai Municipal Commission of Commerce and Shanghai Municipal Finance Bureau regarding the revised “Administrative Measures on Funds for Supporting Regional Headquarters of Multinational Corporations in Shanghai”; Implementation plan of Shanghai on the “Overall plan for promoting the opening up of the China (Shanghai) Pilot Free Trade Zone to make it comprehensively align with the high-standard international economic and trade rules”; Administrative measures of the PRC Customs on the tax exemption of import goods in the Guangdong-Macau In-Depth Cooperation Zone in Hengqin.
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.