Taxes of Chinese company

Here are the main taxes that companies need to pay when operating in China:

Value-added Tax: It is levied on the value-added part in the processes of commodity circulation and other links. General taxpayers have several tax rates, and small-scale taxpayers enjoy preferential tax rates.

Corporate Income Tax: It is levied on the income of enterprises. The standard tax rate is 25%, and some enterprises can enjoy preferential policies.

Individual Income Tax: Companies withhold and remit this tax on employees' income such as salaries, and there is also tax on shareholders' dividends.

Stamp Duty: It is levied on contracts and other vouchers.

Additional Taxes and Fees: They include urban maintenance and construction tax, education surcharge and local education surcharge, which are levied based on value-added tax and consumption tax.

Taxes of Chinese company