Taxes & Incentives
China's tax landscape unfolds here for foreign-invested enterprises in Shanghai. Corporate income tax, individual income tax, value-added tax, tariffs, and consumption tax are covered here, alongside available tax incentives and preferential policies.
Tax deferral
To encourage foreign investors to expand their long-term investments in China, the State Taxation Administration has implemented the Tax Deferral Policy for Reinvestment.
Tax incentives
At present, a tax system is in effect to ensure that "preferential treatment is mainly granted to industries, with regional preferences as a complement."
Major taxes
China adopts a compound tax system of multiple tax types. Under the current system, 18 types of tax are divided into the following categories according to the object of taxation.
