IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

SMEs

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: No inception date

Tax or social insurance relief

At the beginning of September 2017, the PRC Ministry of Industry and Information Technology published a complete revision of a law passed in 2002 designed to boost the growth of SMEs across China.

The new iteration includes a chapter detailing 'Financial and Taxation Support'. This includes a promise to 'reduce the tax burden on SMEs' by 'reduction or exemption of corporate tax'.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

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