Simplified Application Approval of Chinese Tax Resident Enterprise

by swisscham in Consulting, Legal, Services, Tax

The Tax Resident Enterprise (TRE) concept was introduced in China’s Corporate Income Tax (CIT) Law effective from 2008. Under this framework, the State Administration of Taxation (SAT) provided guidelines for Chinese-capital controlled foreign companies (CCCFCs) to apply for the TRE status, and required that such deemed TRE status must be approved by the SAT. Recently, the SAT issued Public Notice No. 2014/9, delegating the approval power on granting TRE status of CCCFCs to the provincial-level tax bureaus. The simplified application for the Chinese TRE status may bring both opportunities and challenges to relevant companies.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Your Swiss Business Platform in China

SwissCham China has roughly 600 company members. Our Chamber maintains a strong relationship with the Embassy of Switzerland, Switzerland Global Enterprise, Swissnex and Switzerland Tourism. As the representative of the Swiss companies established in China, our goal is to help you to increase your business and visibility, especially amongst the Sino-Swiss business community.

Become A Member

Sign Up For Our Newsletter

  • This field is for validation purposes and should be left unchanged.
July 17, 2023
Published By in Business
July 16, 2023
Published By in Engineering / Manufacturing
July 13, 2023
Published By Consulate General of Switzerland in Guangzhou in Engineering / Manufacturing
July 3, 2023
Published By in Bilateral Relations