Astrid Dorfmeister, our esteemed partner and friend in both the China Collaborative Group (CCG) and Consulegis, passed away on 22 February after a brave battle with leukaemia. The news has brought great sadness to all of us who knew and worked with her. Astrid was committed professional with a warm heart and a keen sense…
Read moreMonth: February 2019
An annual tax reduction of 200 billion yuan is expected for small-profit businesses as part of the latest tax relief policies set forth for small and micro business. The tax relief was announced during the 12 January State Council meeting chaired by Premier Li Keqiang. Following suit, the Notice on Implementing the Policy of Inclusive…
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Recently, small and micro China enterprises saw preferential tax relief under the promulgation of the Notice on Implementing the Policy of Inclusive Tax Relief for Small Profit Enterprises Circular, Caishui No. 13 [2019] (Circular 13). What’s more, provisions in Circular 13 further exempt small-scale taxpayers from value-added taxes, provided their monthly sales fall below RMB…
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