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.

Service on Value-added Tax Refund upon Collection for Embedded Software Products

Author：Edmund CAO
Date：2020-07-03

In order to encourage the development of the software industry, the Chinese government has introduced a series of preferential policies for value-added tax (hereinafter referred to as “VAT”) refund of independent software. Embedded software is the brain of modern industry. Its development and application have driven the development of China's software and related industries, and become a new growth point of China's software industry.

Services on the Extra Deduction of R&D Costs

Author：Pingwen HU
Date：2020-06-30

Innovation and R&D are the core and inexhaustible power of long-term and sustainable development of enterprises. The Chinese government attaches great importance to the role of enterprises' R&D investment in promoting social economy, and has issued a series of R&D related preferential policies. ECOVIS Ruide has established a professional team composed of senior financial and tax experts - China R&D preferential service team to help enterprises innovate and develop their business.

Announcement of the State Administration of Taxation on Tax Collection and Administration Issues Concerning the Pilot Program of Individual Tax-deferred Commercial Pension Insurance

Author：Sariel SHENG
Date：2019-01-15

For the purpose of implementing the Circular of the Ministry of Finance, the State Administration of Taxation, the Ministry of Human Resources and Social Security, the China Banking and Insurance Regulatory Commission and the China Securities Regulatory Commission on Launching the Pilot Program for Individual Tax-deferred Commercial Pension Insurance (Cai Shui [2018] No.22, hereinafter referred to as the "Circular"), tax collection and administration issues relating to individual tax-deferred commercial pension insurance (hereinafter referred to as "tax-deferred pension insurance") are hereby notified as follows.