What are the preferential policies for foreigners to start a company tax in China?

Now foreign investment can enjoy two exemptions, three halvings, and half as long as it is recognized as a foreign-invested enterprise. According to Article 8 of the People s Republic of China Foreign Investment Enterprise and Foreign Enterprise Income Tax Law, the operating period for productive foreign-invested enterprises is ten years For the above, starting from the profitable year, corporate income tax is exempted in the first and second years, and corporate income tax is halved in the third to fifth years; meanwhile, Article 74 of its detailed implementation rules also applies The definition: the period from the date when the foreign-invested enterprise actually starts production and operation (including trial production and trial operation) to the date when the enterprise terminates production and operation.

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