Tag: china

China | Preferential Tax Policies Supporting Green Development 

The State Administration of Taxation recently issued the Guidelines for Tax and Fee Preferential Policies in Support of Green Development ('Guidelines'). The Guidelines aim to reduce the discharge of major pollutants and effectively control environmental risks by implementing preferential tax policies and promoting high-quality development. We highlight the main tax reductions and exemptions below. Contract Energy…

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CHINA | Getting Employment Contracts Right

Understanding and implementing written employment contracts are essential to business operations. Well-written employment contracts help companies avoid labour disputes or lengthy disputes. In China, the Labour Law and Labour Contract Law of the People’s Republic of China establishes strict provisions for employment contracts. Violating employers can face harsh penalties, so it is crucial to get…

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