China Free Trade Zones

The People’s Republic of China levies a wide range of taxes including income related taxes such as Corporate Income Tax (CIT) and Individual Income Tax (IIT). As part of China’s increasing efforts to attract Foreign Direct Investment and technology, special economic zones or Free Trade Zones are intended to function as areas of rapid economic growth by using tax and relevant business incentives.

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China’s New Foreign Investment Law

The Foreign Investment Law is an effort to further reform the Chinese economy and aims to promote foreign investment by fostering fair competition, improve protection of lawful rights and interests of foreign investors and taking measures against forced technology transfers and trade secrets sharing.

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