| Unique case in China, the Tax Office in Zhuhai does not require that the representative offices are subject to an annual review for purposes of taxation, mandatory requirement for representative offices at the time of the payment of taxes. Consequently, the RH of Zhuhai are able to proceed with the regulation without being subject to tax audit.
This could be the result of strategies implemented by the local government to attract more foreign investors in the city but does not guarantee that there is a change in the future.
For more information on and assistance for legal, accounting and taxation in China, India and Vietnam, contact Rosario Di Maggio write to or visit www.dezshira.com / en.
Dezan Shira & Associates is the largest Italian-owned consulting firm operating in Asia. Since 1992, assisting foreign investors by offering business advisory services, investment advisory, corporate registration, keeping and auditing, tax advice and due diligence in China, Hong Kong, Vietnam and India.
This story was contributed by China Business News website, China-Briefing.com, which is published by Asia Briefing, the China Business Guide editors.
For more information about doing business in China, contact Dezan Shira & Associates, or visit their online China business consulting library. Dezan Shira & Associates are experts in Chinese tax and accounting. |
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