A Wholly
Foreign Owned Enterprise (WFOE) is a Limited Liability Company
established in China by foreign investor(s). A WFOE is very
much like a LLC in the USA that it requires one member only. More
Representative
Offices are also liable for Business Tax and Enterprise
Income Tax. However, a RO could be exempted if its parent company
is in the manufacturing business. More
Any individual who has domicile
in China or who has no domicile in China but has resided in
China for one year or more shall pay Individual
Income Tax on his world-wide income. More
CHINA CORPORATE INCOME TAX
INFORMATION
OF GENERAL INTERESTS ON ENTERPRISE TAXES
Appendix 5: Organizational Chart of China's Tax Administration
Organizational Chart of China's Tax Administration
Notes :
1. The Headquarters of SAT conducts vertical leadership over
its offices across China, and assists People's Governments at
provincial level in form of dual leadership over local tax bureau.
2. The local tax bureau below provincial level are under the
dual leadership of both the higher local tax bureau and the
People's Governments at the same level with the former as the
predominant one.
Hong Kong Head Office
Room 803, Futura Plaza, 111 How Ming Street, Kwun Tong, Hong Kong
TEL +852 2341 1444 FAX
+852 2341 1414 E-mail info@bycpa.com
