chinese government

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  • Governmental Foundation

  • Government Structure Existing government structure is a single-party republic ruled by the Chinese Communist PartyCCP National CongressCCP Politburo Politburo Standing Committee

  • Corporate Tax StructureTax laws as of March 16, 2007:Tax rate of 25% applicable to Chinese and foreign firmsA preferential rate of 20% available to certain low profit making enterprisesA 15% rate for new or high technological enterprisesTax incentives are given to certain enterprises Includes: 50% reduction or exemption and 2-3 year tax holiday

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