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Understanding Chinas Bilateral& Multilateral Agreements
Chinas Proposed New Silk RoadFree Trade Area
P.04
P.11
Using Chinas Free Trade &Double Tax Agreements
P.13 Taking Advantage of ChinasDouble Tax Agreements
Issue 151 January 2015
From Dezan Shira & Associates
www.china-briefing.com
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China has been assertive when it comes to
attracting and encouraging trade and investment
- especially so when it comes to entering into
Free Trade Agreements and bilateral Double Tax
Treaties. However, remains a disconnect when
it comes to many would-be foreign investors in
China, who are often unaware that their country
of origin may well have
treaties in place with China,
which, if used correctly,
can significantly reduce
their China tax burden and
thereby increase the overall
level of profitability of the
China based entity.
Tax is always a fast evolving
subject, and over the years
China has been shrewd in
how it uses tax concessions
to either encourage or
discourage trade in certain areas. Double Tax
Treaties are an important symbol of the mutual
desire of both China and the reciprocating
nation to boost trade, and should be very much
at the forefront of any strategic planning when
considering an investment into China.
However, the tax benefits that can be obtained
from enacting such treaties and concessions need
to be applied for - they do not automatically appear.
Local tax bureaus in China need to be made aware
of treaty status, and provided with supporting
documentation; otherwise, the opportunity will
be lost.
In this issue of China Briefing,
we examine the role of Free
Trade Agreements and the
various regional blocs that
China is either a member of
or considering becoming
so, as well as how these can
be of significance to your
China business. We also
examine the role of Double
Tax Treaties, pro vide a list
of active agreements, and
explain how to obtain the tax
minimization benefits on offer.
We wish you all a profitable 2015 and Chinese New
Year of the Sheep!
This Months Cover Art
by Huang You Wei ()
Chinese Painting, 92x54cm
Wan Fung Art Gallery (
)[email protected] | +86 0760 8833 3861
www.wanfung.com.cn/eng
For queries regarding the content of
this magazine, please contact:
All materials and contents
2015 Asia Briefing Ltd.
Reference
China Briefing and related titles
are produced by Asia Briefing Ltd.,
a wholly owned subsidiary of
Dezan Shira Group.
Content is provided by
Dezan Shira & Associates.
No liability may be accepted for any
of the contents of this publication.
Readers are strongly advised to seek
professional advice when activelylooking to implement suggestions
made within this publication.
Sabrina Zhang
National Tax Partner
Dezan Shira & AssociatesBeijing Office
Introduction
With kind regards,
Sabrina Zhang
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Credits
Publisher / Chris Devonshire-Ellis
Senior Editor / Matthew ZitoEditors / Zhou Qian & Steven Elsinga
Design / Jessica Huang & Estela Mi
Table of Contents
Understanding Chinas Bilateral
& Multilateral Agreements
Chinas Proposed New Silk
Road Free Trade Area
Taking Advantage of Chinas
Double Tax Agreements
P.04
P.11
P.13
Topic This IssueUsing Chinas Free Trade &Double Tax Agreements
Online Resources on Emerging Asia
?
China-South Korean Free Trade Agreement Talks Concluded
Beijing Promoted FTAAP Will Drive US Investors To ASEAN
Hong Kong-ASEAN FTA Could Be Implemented By 2016
Australia Secures Far-Reaching Free Trade Agreement With
China
Chinas Double Tax Treaties: Complete Archive
Analysis of Asias Tax Rates
OECD & ASEAN Release Myanmar Foreign Investment Review
Understanding Indias Industry Specific Tax Incentives
Vietnams New Foreign Investment Information System
Online Resources from China Briefing
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