Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref. : EIC 631/2/7
4 May 2017
Dear Sirs,
Commercial Information Circular No. 329/2017
The Mainland of China : Pilot Tax Policies for Venture Capital Firms and Personal Angel Investors
The Ministry of Finance, the National Development and Reform Commission, the Ministry of Justice, the People's Bank of China, the China Banking Regulatory Commission and the China Securities Regulatory Commission of the People's Republic of China joinly issued a notice on 28 April 2017 concerning the pilot tax policies for venture capital firms and personal angel investors. The corporate income tax policy is to be piloted from 1 January 2017, while the personal income tax policy from 1 July 2017. Pilot areas include eight pilot areas for comprehensive innovation and reform, including the Beijing-Tianjin-Hebei region, Shanghai, Guangdong, Anhui, Sichuan, Wuhan, Xian, Shenyang as well as the Suzhou Industrial Park. Please refer to the Appendix (pdf format) for the notice (available in Chinese only).
ENQUIRIES
2.If you have any questions on the content of the document mentioned in this circular, please contact the issuing authority of the Mainland of China direct. For other questions on this circular, please contact Mainland Branch (I) (tel: 2398 5444) of the Department.
Yours faithfully,
(Ms Helen CHENG)
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.