Abstract
China provides comprehensive tax incentive schemes for foreign funded enterprises, which includes a five-year tax concession for firms involved in manufacturing and planning to operate on the mainland for at least 10 years. These firms are exempt from enterprise income tax in the first two profit-making years and receive a 50 percent tax reduction over the next three years. When the concession period ends, the standard 30 percent tax rate applies.
| Original language | English |
|---|---|
| Pages (from-to) | 60-61 |
| Number of pages | 2 |
| Journal | A Plus : Driving Business Success |
| Volume | 3 |
| Issue number | 3 |
| Publication status | Published - 1 Mar 2007 |