Address: Block C, Xincheng Mansion, 265 Middle Jiangdong Road, Nanjing, China
Opening a Foreign Exchange Account
Object and Scope of Tax
Corporate Income Tax
Within the territory of PRC, enterprises and other organizations earning incomes must pay corporate income tax. Resident enterprises of PRC must pay corporate income tax for their incomes inside and outside China
Statutory tax rate: 25% Preferential tax rate for small low-profit enterprises: 20% Preferential tax rate for hi-tech enterprises to receive key national support: 15%
Legal entities and individuals for sales of goods, processing, repairing or import goods in China.
17% (depending on specific items)
Sales revenue or sales volume of 14 types (categories) of taxable consumer products such as cigarettes, wine, and cosmetics according to China’s regulations.
Ad valorem duty 1%-56% Specific duty based on volume RMB 0.1 -250
Legal entities and individuals who provide taxable labor services, transfer of immovable properties and intangible assets in China.
Proportional tax rate according to different industries, 3%-20%
Duty-paid value or quantities of specific imported/exported goods
Individual Income Tax
11 types of individual income, including wages and salaries and labor income.
Price of the transferred immovable properties.
Taxable value or rental income of the building.
Land Appreciation Tax
Legal entities and individuals for transfer of state-owned land -use rights, and aboveground structures and their fixtures.
Legal entities and individuals for composing and receiving vouchers in China including commercial contracts, property right transfer deeds, business accounts, rights, licenses, and other vouchers specified by the Ministry of Finance.
RMB 5 or 0.005%-0.1% per stamp
Responsible Authority: Nanjing Municipal Office, State Administration of Taxation
Address: Reception deskA129, Municipal Service Center, No. 265 Central Jiangdong Road, Jianye District, Nanjing
Tel: +86 (25) 68505129
Responsible Authority: Jiangsu Nanjing Local Taxation Bureau
Address: Reception deskA130, Municipal Service Center, No. 265 Central Jiangdong Road, Jianye District, Nanjing
Tel: +86 (25) 68505130