China Tax & Investment Express Issue No. 2022004 - Extend the Implementation Period of 11 Preferential Tax and Fee Policies to Reduce Burdens of Enterprises and Promote Entrepreneurship and Innovation

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: An executive meeting of the State Council decided to extend the implementation period of 11 preferential tax and fee policies to reduce burdens of enterprises and promote entrepreneurship and innovation; Notice issued by the General Office of Shanghai Municipal People’s Congress regarding public opinions consultation on the “Regulations of the Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone (Draft)”; Public notice (PN) regarding supplementary items to the Regional Comprehensive Economic Partnership (RCEP) agreement; PN regarding applying the preferential tariff rates under the RCEP to certain imported goods originated from South Korea; 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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