Mainland China Tax

Mainland China adopts a sophisticated tax system, which is now composed of 18 kinds of taxes, including turnover taxes, income taxes, property & behaviour taxes, resources taxes and special purpose taxes. Different tax rates, preferential tax treatments or double taxation reliefs may be applied when certain conditions are met. In general, there is a basic law giving the broad principles of the tax. Detailed implementing regulations and specific rules have been issued by the State Administration of Taxation or other government authorities, which are subject to subsequent updates/revisions from time to time.

We provide professional assistance to individual and corporate clients to review their tax position, manage tax risks and handle tax compliance, especially for those who are engaged by a Chinese company or who are on secondment to Mainland China, or carry out business in multiple countries/tax jurisdictions. For example, we help to review and to provide comments on legal contracts from a Chinese tax point of view, identify tax residency and ascertain tax exposure for clients, restructure group organisations to achieve tax efficiency, and handle tax investigations from Chinese tax authorities.

Our sister company Triple Eight Limited can assist with business consultancy and setting up of Wholly Foreign Owned Enterprises (WOFE) and performing company/limited registration in China.

  • Setting up of wholly foreign owned enterprises (WOFE), joint venture (JV) and representative offices (performing company/limited registration in China) in Mainland China.
  • Advising on the structure and types of company in Mainland China
  • Providing consultation on doing business in Mainland China
Specific questions? We are happy to help you. Contact us

About Us

We all know that the duty to pay tax will always be there. As Hong Kong and Mainland China are emerging markets, sophisticated tax advice in Asia has become increasingly in demand with a view to mitigate the (corporate) income tax in Hong Kong and elsewhere.

Further, as a result of recent pressure from the Organisation for Economic Co-operation and Development (`OECD`), most jurisdictions, including Hong Kong and Mainland China, have decided that Exchange of Information should be part of their tax legal system.

The tax system in Hong Kong is simple but not straight forward. HKWJ Tax Law & Partners Limited is here to assist you with finding the right tax solution for you personally and your companies by means of offering Mainland China and Hong Kong tax services including international tax services. We are also specialised in resolving tax disputes between the Mainland China/Hong Kong tax department (Hong Kong tax office) and clients. In Hong Kong, apart from Hong Kong taxation, we are here to assist you also with your accounting issues and carry out process agent services at the same time.

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Our People

Willem Jan Hoogland

Partner Get in touch

David Lo

Senior Tax Manager Get in touch

Andy Ma

Accountant Get in touch

Testimonials

If that’s what I understand, we won the case. I just can’t believe it, I wait for your confirmation to celebrate it, but in any case, you did an amazing job and I would be the first one to recommend you.

Latest news

Hong Kong 2019-2020 Budget

7 March 2019

Introduction On 27 February 2019, the Financial Secretary of Hong Kong announced the Budget for the fiscal year 2019-2020. The forecast is that for the fiscal year 2018-19, there will be a surplus of HKD 58.7 billion, and that the fiscal reserves will reach HKD 1,161.6 billion by 31 March 2019. This Budget has been… read more

The Taxation of the Digital Economy

4 January 2019

Introduction Many of us have heard or might even have read about the taxation of the digital economy. This not only because the Organisation for Economic Co-Operation and Development (‘OECD’) and the European Union (‘EU’) both have issued reports on this matter, but also because it has become a ‘hot topic’ within the society itself… read more

Potential Risks of Erroneous Exchange of Tax Information

21 November 2018

Introduction Due to global implementation of common reporting standard (CRS)/automatic exchange of information (“AEOI”), financial institutions (“FIs”) are required to conduct due diligence on account holders to ascertain their tax residency, and accordingly whether certain information of the financial accounts of the account holders is required to be exchanged to foreign tax jurisdiction(s). The due… read more

Mainland China Individual Income Tax Reform

13 November 2018

(A) Introduction The Individual Income Tax Law (‘IIT Law’) of Mainland China was introduced in 1980 and has been amended 6 times since. On 31 August 2018, the Draft Amendment IIT Law, which was released for public feedback on 29 June 2018, was approved by the National People’s Congress (‘NPC’) of the People’s Republic of… read more

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