Welcome to our ECOVIS Ruide News and Blog section

Here you will find information about our company’s events organization to accounting, tax and consulting topics on which regulators in China are about to publish, enforce or change regulations and requirements.

Furthermore you can via this page also access our Focus China Blog. Be ready for monthly updates in form of articles from our professional auditors and tax consultants, and news of events and changes in China’s tax laws as they happen.

Bookmark our site, and check back often to learn more about the news influencing your finance, controlling and accounting departments and to stay on top of changes to your business environment before and as they happen to the advantage of your overall business.

China’s New Facial Recognition Regulations: What Every Business Leader Needs to Know

Author：ECOVIS Ruide China
Date：2025-08-12

Starting June 1, 2025, China enforced a far-reaching regulatory framework governing the use of facial recognition technology. Jointly issued by the Cyberspace Administration of China and the Ministry of Public Security, these new rules, officially titled the Security Management Measures for the Application of Facial Recognition Technology, are among the most stringent of their kind globally. For companies operating in China, these changes bring both risk and opportunity, demanding immediate executive attention.

Overseas Income Now Under Tax Office Review

Author：ECOVIS Ruide China
Date：2025-07-25

Recently, some Chinese residents have received notices from tax authorities requiring them to report and pay taxes on overseas income. The types of income for which taxpayers are being asked to pay back taxes include e.g. dividends and investment gains. There haven’t been any cases involving interest income yet, but returns from wealth management products and mutual funds purchased through bank accounts are clearly included.

Tax Incentives for Corporate Profit Reinvestment UPGRADED: Dual Benefits of Deferral and Credit

Author：ECOVIS Ruide China
Date：2025-07-11

How companies can effectively reinvest their profits has become one of the key strategies for achieving sustainable development. On June 27, 2025, the tax incentives for profit reinvestment were upgraded once again. According to the newly released Announcement No. 2, qualified foreign investors can now enjoy a 10% deferral on income tax payments, in addition to an extra 10% tax credit starting this year.? Despite both being 10% incentives related to profit reinvestment, there are significant similarities and differences between the deferral and the tax credit. This issue of Ruide News focuses on two key "10%" tax incentive policies for profit reinvestment.