China Tax & Investment Express Issue No. 2022009 - Further Implementing Tax Reduction and Exemption Policies of “Six Taxes and Two Fees” for Small-sized Enterprises with Meager Profit

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: Public notice (PN) regarding matters related to continuously implementing the deferred payment of certain taxes and fees for medium, small and micro-sized enterprises in the manufacturing industry; PN regarding further implementing tax reduction and exemption policies of “six taxes and two fees” for small-sized enterprises with meager profit; Report on the Work of the Government (2022); Implementation Rules for the Administrative Regulations of the People’s Republic of China on the Registration Market Entities; Notice regarding the “Specifications for Application Documents for Market Entity Registration” and “Specifications for Materials to be Submitted for Market Entity Registration”; Notice regarding the “2022 Legislative Plan of the General Administration of Customs”; 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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