HKMB Hong Kong Means Business

Hong Kong Means Business Hong Kong Means Business
  • Login / Register

Languages

  • EN
  • 繁
  • 简
  • Events
  • My Feed
  • Contact HKTDC
  • Subscribe
  • Subscribe

Section Menu

  • Market Opportunities
  • Tech & Innovation
  • Entrepreneurship
  • Sustainability
  • Creativity & Lifestyle
  • HKTDC Updates
  • Featured Topics

Languages

  • EN
  • 繁
  • 简
  • HKTDC.com |
  • About HKTDC |
  • My HKTDC |
  • Login / Register |

HKTDC.com About HKTDC My HKTDC

Login Register

Hong Kong Means Business

Section Menu

  • Market Opportunities
  • Tech & Innovation
  • Entrepreneurship
  • Sustainability
  • Creativity & Lifestyle
  • HKTDC Updates
  • Featured Topics

https://hkmb.hktdc.com/en/NDUyODQxMzgx

hktdc research
SAVE FOR LATER
SHARE / SEND

"Scan QR Code" in WeChat and tap "..." to share.

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.

  1. Small, low-profit enterprises 

    Between 1 May 2020 and 31 December 2020, any small, low-profit enterprise may, after completing its pre-paid tax declaration for the remainder of 2020, temporarily defer payment until the first reporting period of 2021.
  1. Individually-owned businesses 

    Between 1 May 2020 and 31 December 2020, any individually-owned business may, after completing its declaration of business income for the remainder of 2020, temporarily defer payment until the first reporting period in 2021.  

The announcement took effect on 1 May 2020.

Source: State Taxation Administration

BACK TO TOP ^
    Topics:
  • Mainland China,
  • small low-profit enterprises,
  • individually-owned businesses,
  • income tax
  • Mainland China
  • Mainland China
  • Mainland China
  • Mainland China
Home

Article Topics

ARTICLE TOPICS

MAINLAND CHINA35607
SMALL LOW-PROFIT...96655
INDIVIDUALLY-OWNED...97657
INCOME TAX92918

ARTICLE TOPICS

MAINLAND CHINA35607
SMALL LOW-PROFIT ENTERPRISES96655
INDIVIDUALLY-OWNED BUSINESSES97657
INCOME TAX92918

interest_article

YOU MAY BE INTERESTED IN

15 April 2021

China Cuts Income Tax on Small Low-Profit Firms and Individually-Owned Businesses

12 October 2016

Rules and Regulations on Commercial Franchising

12 January 2015

New Tax Measures for Individually-Owned Businesses Take Effect

14 November 2014

Small Business Tax Savings Top Rmb37 billion in First Three Quarters

Related Events

RELATED EVENTS

28 - 30 March 2023

FASHION HK AT CHINA INTERNATIONAL FASHION FAIR, SHANGHAI, CHIC 2023 (SPRING)

11 - 15 April 2023

Style Hong Kong Pavilion at China International Consumer Products Expo, Haikou

26 - 28 May 2023

Chic HK, Shenzhen

28 - 30 June 2023

22nd Shanghai International Children Baby Maternity Industry Expo (CBME)
FIND AN EVENT

Social Share

FOLLOW US

GET WEEKLY UPDATES

newpaper-img

GET OUR WEEKLY EMAIL UPDATES

banner-img


I acknowledge that the above information may be used by the Hong Kong Trade Development Council (HKTDC) for incorporation in all or any of its database for direct marketing or business matching purpose (and may therefore become available to the public within and/or outside of Hong Kong for use by them), and for any other purposes as stated in the Privacy Policy Statement; I confirm that I have the consent and the authority of each individual named in this form to release their personal data for the purposes stated herein.


*For non-EU/EEA customers, please skip this box which is solely for EU/EEA customers as required by the relevant data protection law in the EU.

THANK YOU

Thank you for registering.

SHARE THIS STORY

EMAIL
LINKEDIN
WeChat
FACEBOOK
TWITTER
WHATSAPP

ID: HKTDCofficial

Don't have an account?

Create An Account

successfully added on your preferences.