Asia-Pacific
Currency
CNY
Corporate Tax
25%
Personal Income Tax
45%
VAT / GST
13%
Standard 25%; 20% small low-profit; 15% high-tech & encouraged; 10% non-resident PE.
Top rate 45% above CNY 960,000/year; comprehensive income 3-45% scale.
Standard 13%; 9% reduced; 6% services; 0% exports (since 2019 reform).
Dividends
10%
Interest
10%
Royalties
10%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
~40% total (employer ~26% + employee ~10.5%); varies by city; capped.
Capital Gains Tax
20% (individual; exempt on A-share gains)
Inheritance / Estate Tax
0%
Capital (Net Worth) Tax
0%
Property Tax
Property tax (pilot ~1.2% or rent-based)
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Treaties in force
~110
Key partners: USA, UK, Germany, France, Singapore, Japan
One of the largest networks; withholding typically 5%–10%. Special arrangements with Hong Kong and Macau.
Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.
Calendar year
Notes
Hainan Free Trade Port 15% CIT. Greater Bay Area preferential policies. Super deduction for R&D 100%.
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