Revised Enterprise Income Tax Law In China - Impacts For Foreign Investors

Mondaq Business BriefingHong Kong Law Articles in English (2007)

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Revised Enterprise Income Tax Law In China - Impacts For Foreign Investors

The National People's Congress of the People's Republic of China ("China")

has adopted on 16 March 2007 the long-awaited "PRC Enterprise Income Tax Law"

which will become effective as of 1 January 2008. The Enterprise Income Tax Law will unify

enterprise income tax regimes applicable to foreign enterprises, foreign invested

enterprises and domestic enterprises. Undoubtedly, the issuance of the Enterprise Income Tax

Law i...

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