How Expats in Shenzhen Can Apply for the GBA IIT Subsidy in 2025?
Shenzhen has kicked off the 2025 application process for the Greater Bay Area Individual Income Tax subsidy. The application window is open from June 1 to July 31. Here is everything you need to know.
China Monthly Tax Brief: May 2025
In this monthly China tax brief for May 2025, we spotlight significant taxation policies and measures for businesses.
The China+ Strategy: Cross-Border Restructuring for Supply Chain Resilience
The latest issue of China Briefing Magazine, “The China+ Strategy: Cross-Border Restructuring for Supply Chain Resilience“, is now available as a complimentary download on the Asia Briefing Publication Store.
Additional Compliance After Completing China’s Annual CIT Filing
Following the May 31 deadline for China’s annual CIT reconciliation, companies should prioritize the preparation and retention of supporting documents for potential inspections by the tax bureau.
China Manufacturing Tracker 2025
Our tracker provides continuous updates on key economic and growth indicators in China’s manufacturing industry. The data for April 2025 has now been updated.
Accounting Digitalization in China 2025: Electronic Voucher Accounting Data Standards Promoted Nationwide
On May 19, China’s Ministry of Finance and eight other departments announced the nationwide application of electronic voucher accounting data standards. Learn what’s covered, how businesses should prepare, and why it matters for your operations.
Annual CIT Reconciliation in 2025 – A Brief Guide for Companies
Companies are advised to begin tax filing procedures as soon as possible to complete CIT reconciliation before the deadline of May 31, 2025.
China Monthly Tax Brief: April 2025
This brief spotlight significant taxation developments for businesses. Among others, China expands e-commerce zones, updates VAT and tax incentives, introduces instant VAT refunds, raises tariffs on US goods, and announces new tax audit priorities.