China Business Tax, Tax Advisory - Conpak CPA Limited

Business Tax

Business tax is a kind of turnover tax imposed on corporations and persons engaged in the provision of services (hereinafter referred to as "taxable services"), the transfer of intangible assets or the sale of immovable properties within the territory of the People's Republic of China.

Scope of Charge

Basis of Assessment

Business tax is assessed on the basis of turnover; that is, all money received from the provision of taxable services, the transfer of intangible assets or the sale of immovable properties

Tax Rate

Applicable are different proportional tax rates subject to different industries as follows:

Computation of Tax Payable

Tax Payable = Turnover × Tax Rate

Tax Preferences

  • Enterprises with foreign investment and their research and development centres, foreign enterprises and foreign nationals engaged in the transfer of technology, development of technology and its related technical consultancy, and technical services are exempt from business tax on their income
  • Qualified Foreign Institutional Investors (QFII), which entrust corporations within China to deal with securities, are exempt from business tax on their difference gains from securities trading
  • Services provided by nurseries and other welfare institutions, medical services provided by medical establishments, educational services provided by schools and agricultural technical training services are exempt from business tax

Should you have any enquires about Business Tax, please complete the form below and we will reply to you soon.

Please fill in the following form, our professionals will reply to you after receiving your enquiry.
* Required field

Mr.     Miss.     Ms.
Verify Code  
  
Ms. Jazzy Lee
+852 2666 2830
Mr. Jacky Lam
+852 2666 2801
Ms. Momo Jia
+86 10 5659 1116
Ms. Helen Hu
+86 10 5659 1199
Ms. Gloria Gong
+86 21 5389 6665
Ms Lydia Liu
+86 21 5389 6618
Ms. Helen Hu
+86 755 8828 8711
Ms. Jane Liu
+86 755 8828 8756
Individual Income Tax Calculator
China Individual Income Tax Calculator

Read More

Contact Us

Chat
Tel
Email
Loading... loading
Loading... loading