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Understanding Chinas Bilateral& Multilateral Agreements

Chinas Proposed New Silk RoadFree Trade Area

P.04

P.11

Using Chinas Free Trade &Double Tax Agreements

P.13 Taking Advantage of ChinasDouble Tax Agreements

Issue 151 January 2015

From Dezan Shira & Associates

www.china-briefing.com

http://www.china-briefing.com/http://www.china-briefing.com/

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China has been assertive when it comes to

attracting and encouraging trade and investment

- especially so when it comes to entering into

Free Trade Agreements and bilateral Double Tax

Treaties. However, remains a disconnect when

it comes to many would-be foreign investors in

China, who are often unaware that their country

of origin may well have

treaties in place with China,

which, if used correctly,

can significantly reduce

their China tax burden and

thereby increase the overall

level of profitability of the

China based entity.

Tax is always a fast evolving

subject, and over the years

China has been shrewd in

how it uses tax concessions

to either encourage or

discourage trade in certain areas. Double Tax

Treaties are an important symbol of the mutual

desire of both China and the reciprocating

nation to boost trade, and should be very much

at the forefront of any strategic planning when

considering an investment into China.

However, the tax benefits that can be obtained

from enacting such treaties and concessions need

to be applied for - they do not automatically appear.

Local tax bureaus in China need to be made aware

of treaty status, and provided with supporting

documentation; otherwise, the opportunity will

be lost.

In this issue of China Briefing,

we examine the role of Free

Trade Agreements and the

various regional blocs that

China is either a member of

or considering becoming

so, as well as how these can

be of significance to your

China business. We also

examine the role of Double

Tax Treaties, pro vide a list

of active agreements, and

explain how to obtain the tax

minimization benefits on offer.

We wish you all a profitable 2015 and Chinese New

Year of the Sheep!

This Months Cover Art

by Huang You Wei ()

Chinese Painting, 92x54cm

Wan Fung Art Gallery (

)wanfungart@126.com | +86 0760 8833 3861

www.wanfung.com.cn/eng

For queries regarding the content of

this magazine, please contact:

editor@asiabriefing.com

All materials and contents

2015 Asia Briefing Ltd.

Reference

China Briefing and related titles

are produced by Asia Briefing Ltd.,

a wholly owned subsidiary of

Dezan Shira Group.

Content is provided by

Dezan Shira & Associates.

No liability may be accepted for any

of the contents of this publication.

Readers are strongly advised to seek

professional advice when activelylooking to implement suggestions

made within this publication.

Sabrina Zhang

National Tax Partner

Dezan Shira & AssociatesBeijing Office

Introduction

With kind regards,

Sabrina Zhang

http://www.dezshira.com/personnel/sabrina-zhang.htmlhttp://www.dezshira.com/personnel/sabrina-zhang.htmlhttp://www.dezshira.com/personnel/sabrina-zhang.htmlhttp://www.dezshira.com/personnel/sabrina-zhang.htmlhttp://www.dezshira.com/personnel/sabrina-zhang.html

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Credits

Publisher / Chris Devonshire-Ellis

Senior Editor / Matthew ZitoEditors / Zhou Qian & Steven Elsinga

Design / Jessica Huang & Estela Mi

Table of Contents

Understanding Chinas Bilateral

& Multilateral Agreements

Chinas Proposed New Silk

Road Free Trade Area

Taking Advantage of Chinas

Double Tax Agreements

P.04

P.11

P.13

Topic This IssueUsing Chinas Free Trade &Double Tax Agreements

Online Resources on Emerging Asia

?

China-South Korean Free Trade Agreement Talks Concluded

Beijing Promoted FTAAP Will Drive US Investors To ASEAN

Hong Kong-ASEAN FTA Could Be Implemented By 2016

Australia Secures Far-Reaching Free Trade Agreement With

China

Chinas Double Tax Treaties: Complete Archive

Analysis of Asias Tax Rates

OECD & ASEAN Release Myanmar Foreign Investment Review

Understanding Indias Industry Specific Tax Incentives

Vietnams New Foreign Investment Information System

Online Resources from China Briefing

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