 |
Policy Service |
|
.Important
Notice
Law of the People’s Republic of China on Corporate
Income Tax has been approved by the 5th plenary of the 10th National
People’s Congress on March 16, 2007 and shall come into force as
of January 1, 2008. According to the new law, the income tax rate
of companies with foreign investment is 25%, which is the same as
of companies with domestic investment. Only the encouraged projects
and Industries according with the regulations and laws of the nation
are able to enjoy the preferential rate.
|