On January 5th, 2023, in the midst of the downturn of the second-hand housing market, six Departments of Shenzhen Government jointly issued The Notice of Work Program on Promoting the "Transfer with Mortgage" Model for Second-Hand Houses transaction in Shenzhen (...

China Taxation - Two new tax deductions related to the 2022 tax year and updated Income Tax Policies for Small and Micro Enterprises and Self-Employed Entrepreneurs.

The executive meeting of the State Council held on March 24th decided to continue and optimize some temporary preferential tax policies to further support the development of Small and Micro Enterprises (SME) and individual entrepreneurs.