SMALL LOW-PROFIT ENTERPRISES

Small Businesses Allowed to Defer 2020 Income Tax Payment

15 June 2020

The State Taxation Administration recently issued an announcement (No. 10 [2020]) on extending due dates for 2020 income tax payments from small, low-profit enterprises and individually-owned businesses. More

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Small Low-profit Enterprises to Pay Advance Income Tax Every Quarter

03 March 2016

The State Administration of Taxation (SAT) issued a circular lately announcing that starting from 1 April, value-added tax (VAT) small-scale taxpayers and small low-profit enterprises may file VAT returns or pay advance enterprise income tax every quarter instead of doing so every month. More

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China Expands Income Tax Breaks for Small Low-Profit Enterprises

30 March 2015

The Ministry of Finance and the State Administration of Taxation recently issued a circular saying that the State Council has given the green light to the expansion of enterprise income tax breaks for small low-profit enterprises. More

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Small Business Tax Savings Top Rmb37 billion in First Three Quarters

14 November 2014

China has recently launched a series of tax incentives to boost the growth of small businesses. More