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Shanghai free trade zone streamlines tax procedures

The China (Shanghai) Free Trade Zone will facilitate corporate tax-payers by launching an online platform that streamlines tax registration and payment. The State Administration of Taxation will pilot 10 measures in the zone - including the automatic generation of entity tax code, tax approval and registration, tax enquiries, declaration and payment - through the Internet. Under the new initiative, corporations can skirt sophisticated procedures to apply for registration at local tax bureaus.

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