USEUROPEAFRICAASIA 中文双语Français
Home / China

Tax policy set to benefit startups

By Shi Jing in Shanghai | China Daily | Updated: 2013-09-28 07:07

Initiatives proposed in the Shanghai free trade zone will provide tax incentives for foreign companies, which will especially benefit startups.

The FTZ policies published on Friday stipulate that companies registered in the zone can opt to pay income tax in installments over five years. What's more, professionals working for companies in the zone can also pay tax on their stock options in installments.

Walter Tong, managing partner of tax services for Ernst & Young in China, said that the new tax policy will benefit companies in general.

Tax policy set to benefit startups

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US