Are there preferential tax policies for companies in China?

Wednesday, 29 November 2023: Are there preferential tax policies for companies in China?

Effective tax planning involves identifying and leveraging preferential tax policies to maximize benefits for businesses. China has implemented various preferential tax incentives to stimulate economic development, attract foreign investment, and support specific industries. The problem is that many foreign investors are not aware of these policies and incentives and thus do not benefit from them.  In this roundtable we are going to highlight: 

• the most common tax policies impacting foreign investors
• how to identify which tax policies would be suitable for your China business
• how to apply for them with the tax bureaus and
• how to implement them into your tax planning strategy for 2024. 

Register here

Last 2 roundtables for 2023 are:  

Wednesday, 6th December 2023: Is it difficult to liquidate a company in China or better to maintain a dormant status?

Wednesday, 13th December 2023: How to prepare for the corporate administration of your China business for 2024

Register here

FINAL REGISTRATION: Tuesday, 28 November 2023

In conjunction with the CBBC, Woodburn is running a quarterly workshop on China's legal, tax, HR and compliance updates.

IN-PERSON AND ONLINE SESSION

This live event is targeted at companies that are already established in China and need transparency and clarification on the administrative pain points that they are experiencing.

Topics that we will explore in Q4 2023 include:

• Year-end compliance needs to start - what decisions have to be made and what are the timelines?
• The implications of IIT reductions extended for expatriates and super-deductions being lowered for all employees.
• How is the development of e-fapiao's in China progressing?
• How are the social insurance/housing fund requirements limiting the expansion of companies to hire individuals outside of their city of establishment?

The formal session will run for approximately one hour, with a further opportunity to discuss any specific details you might have with Kristina. Attendees will be able to join in-person and online.

Price: Free Members, £30 + VAT Non-Members

Register here

Thrive in China Podcast

The China Expert: Shlomi Mahfouda, Founder of Up 2 China

On today's podcast we have Shlomi, Founder of Up 2 China. Shlomi shares his journey to China, his reason for becoming an entrepreneur and the challenges he has faced along the way. Shlomi also highlights the current economic climate in China for brands that are selling via cross border e-Commerce, the results of 11/11 and what we can expect in 2024.

Operating in the largest e-commerce market, Up2china believes in bridging the gap between International brands and Chinese Consumers. They redefine the market entry and enable international brands to go D2C (Direct to Consumer). In everything they do, they believe in thinking differently while helping their partners transmit their WHY, HOW & WHAT in the proper approach to the right audience in the most suitable channels.

You can contact Shlomi here:

Linkedin

Email: shlomi@up2china.com

Website: www.up2china.com

Listen on Apple Podcasts

Listen on Spotify

Woodburn Accountants & Advisors is one of China’smost trusted business setup advisory firms.

Woodburn Accountants & Advisors is specialized in inbound investment to China and Hong Kong. We focus on eliminating the complexities of corporate services and compliance administration. We help clients with services ranging from trademark registration and company incorporation to the full outsourcing solution for accounting, tax, and human resource services. Our advisory services can be tailor-made based on the companies’ objectives, goals and needs which vary depending on the stage they are at on their journey.

Can Woodburn help you?

We are offering a free 30mins call where we discuss the obstacles you are encountering on your China business journey and how we can help accelerate your success.

Book a call