Commercial Information Circular

24-hour hotline : 23 922 922

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

Ref. : EIC 631/2/7

31 May 2018

Dear Sirs,

Commercial Information Circular No. 529/2018

The Mainland of China : Notice Concerning Expanding the Implementation of Corporate Income Tax Policies (for Advanced Technology Service Enterprises Carrying out Innovative Development of Trade in Services) from Pilot Regions to the Whole Nation

Five governmental organisations including the Ministry of Finance of the People's Republic of China jointly issued on 19 May 2018 a notice concerning expanding the implementation of corporate income tax policies (for advanced technology service enterprises carrying out innovative development of trade in services) from pilot regions to the whole nation.  Since 1 January 2018, the corporate income tax rate for accredited advanced technology service enterprises (under trade in services) would be reduced to 15%.  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,

(Calvin CHOY)
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.