Commercial Information Circulars

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e-mail address : enquiry@tid.gov.hk

Ref :EIC 631/2/7

22 June 2011

Dear Sirs,

Commercial Information Circular No. 355/2011

The Mainland of China : Notice Concerning the Rate of Corporate Income Tax and its Offset and Deduction for Profits Gained Outside the Territory of Mainland China for High-tech Enterprises

The State Administration of Taxation issued a notice concerning the rate of corporate income tax and its offset and deduction for profits gained outside the territory of Mainland China for high-tech enterprises, which took effect on 1 January 2010. For details, please refer to a copy of the notice (available in Chinese only) at Appendix (pdf format).

2.For details of the "Law on Corporate Income Tax of the People's Republic of China" and its implementation regulations, please refer to CIC No. 132/2007 dated 21 March 2007 and CIC No. 499/2007 dated 13 December 2007. For details of the "Notice Concerning Offset and Deduction of Corporate Income Tax for Profits Gained Outside the Territory of Mainland China", please refer to CIC No. 20/2010 dated 7 January 2010.

ENQUIRIES

3.If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.

Yours faithfully,

(Miss Angie KWOK)

for Director-General of Trade and Industry




　 

Note ：

• While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.