China Tax & Investment Express Issue No. 2021043 - Preferential Corporate Income Tax Policies for Newly Established Enterprises in Certain Areas of Xinjiang

China Tax & Investment Express (CTIE) brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).

Matters covered in this issue include: Notice regarding the preferential Corporate Income Tax policies for newly established enterprises in impoverished areas of Xinjiang and the two special economic development zones in Kashgar and Khorgos; Notice regarding the reply on certain matters related to foreigners participating in the pension scheme; Notice regarding the recognition of the 2021 National Technology Business Incubators; Notice issued by the People’s Bank of China and the State Administration of Foreign Exchange regarding public opinions consultation on the “Notice Regarding Certain Matters Related to provide support to the Development of a new type of Offshore International Trade (Discussion Draft)”; etc.

Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.

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