The key amendments to China’s Anti-Unfair Competition Law (AUCL), approved on June 27, 2025, and effective from October 15, 2025, introduce significant updates to address evolving market and digital economy challenges. Background Introduced in 1993 amid China’s shift from a centrally planned to a market-driven economy, the Anti-Unfair Competition Law (AUCL) was designed to promote […] The post Amendments to China Anti-Unfair Competition Law 2025 appeared first on S.J. Grand.| S.J. Grand
China’s R&D super deduction policy allows eligible companies to deduct double of their qualifying R&D expenses from taxable income, fostering innovation and reducing corporate income tax obligations. Background Initially launched in 2008, the policy has evolved to relax definitions and extend benefits to wider enterprise categories. In 2023, the super deduction rate was officially extended […] The post China’s R&D Super Deduction Policy appeared first on S.J. Grand.| S.J. Grand
Driven by the ongoing negotiations with major trade partners – the European Union and the USA – China’s Ministry of Finance, State Taxation Administration, and Ministry of Commerce announced a tax credit policy for foreign-invested enterprises. At a glance The policy, effective from January 1, 2025, through December 31, 2028, offers a corporate income tax credit […] The post New Tax Incentive 2025: China’s Push to Keep Foreign Companies from Walking Away appeared first on S.J. Grand.| S.J. Grand
The Challenge of Navigating China’s Tax Landscape For foreign companies operating subsidiaries in China, the tax environment presents both significant challenges and strategic opportunities. Beyond the standard 25% Corporate Income Tax (CIT) rate, foreign businesses must navigate a complex web of regulations, frequent policy changes, and the intricate interplay between tax regulations and foreign exchange […] The post Strategic Tax Optimization for Foreign Subsidiaries in China appeared f...| S.J. Grand