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China's finance, taxation, and commerce authorities on Monday unveiled a tax incentive granting foreign investors a 10% corporate income tax credit on direct domestic investments funded by dividends from Chinese resident companies.
Qualified overseas investors directly reinvesting distributed profits from Chinese resident enterprises into eligible domestic projects between January 1, 2025 and December 31, 2028 can enjoy tax deduction of 10 percent of their investment, according to an official announcement
[Foreign investors can enjoy a tax credit for direct investment by distributing profits] The reporter learned from the Ministry of Finance on June 30 that the Ministry of Finance, the State Administration of Taxation, and the Ministry of Commerce recently issued an announcement stating that overseas investors who use profits distributed by Chinese resident companies to use the conditions for domestic direct investment during the period from January 1, 2025 to December 31, 2028 can be deducted from the tax amount due to foreign investors for the current year according to 10% of the investment amount, whichever is less than the current year.
