Main Contents:

• Investment: forms of doing business in China, company law, the laws on equity joint ventures, contractual joint ventures and wholly owned foreign companies, direct and passive foreign investment, investment incentives, special areas, exchange controls and intellectual property rights
• Direct taxation of corporate and individual taxpayers: taxes on business income, rental income, employment income and capital gains; taxes on dividends, interest and royalties; withholding rates and rate structure compliance; and assessment and collection taxation of special businesses
• Transactional taxes: stamp tax, deeds tax, etc.
• Property tax and other specific taxes
• Indirect taxation: VAT, business tax, consumption tax and others
• Information on incentives, including tax holidays and reduced rates available in the specially designated zones
• International taxation in China

Following the transfer of Hong Kong's sovereignty on June 30, 1997 as well as the transfer of Macau's sovereignty on December 20, 1999, separate sections on these two territories have been included in this service.

Countries covered:
China (People's Rep.), Hong Kong, Macau.