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    Understanding Chinas Bilateral& Multilateral Agreements

    Chinas Proposed New Silk RoadFree Trade Area

    P.04

    P.11

    Using Chinas Free Trade &Double Tax Agreements

    P.13 Taking Advantage of ChinasDouble Tax Agreements

    Issue 151 January 2015

    From Dezan Shira & Associates

    www.china-briefing.com

    http://www.china-briefing.com/http://www.china-briefing.com/
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    China has been assertive when it comes to

    attracting and encouraging trade and investment

    - especially so when it comes to entering into

    Free Trade Agreements and bilateral Double Tax

    Treaties. However, remains a disconnect when

    it comes to many would-be foreign investors in

    China, who are often unaware that their country

    of origin may well have

    treaties in place with China,

    which, if used correctly,

    can significantly reduce

    their China tax burden and

    thereby increase the overall

    level of profitability of the

    China based entity.

    Tax is always a fast evolving

    subject, and over the years

    China has been shrewd in

    how it uses tax concessions

    to either encourage or

    discourage trade in certain areas. Double Tax

    Treaties are an important symbol of the mutual

    desire of both China and the reciprocating

    nation to boost trade, and should be very much

    at the forefront of any strategic planning when

    considering an investment into China.

    However, the tax benefits that can be obtained

    from enacting such treaties and concessions need

    to be applied for - they do not automatically appear.

    Local tax bureaus in China need to be made aware

    of treaty status, and provided with supporting

    documentation; otherwise, the opportunity will

    be lost.

    In this issue of China Briefing,

    we examine the role of Free

    Trade Agreements and the

    various regional blocs that

    China is either a member of

    or considering becoming

    so, as well as how these can

    be of significance to your

    China business. We also

    examine the role of Double

    Tax Treaties, pro vide a list

    of active agreements, and

    explain how to obtain the tax

    minimization benefits on offer.

    We wish you all a profitable 2015 and Chinese New

    Year of the Sheep!

    This Months Cover Art

    by Huang You Wei ()

    Chinese Painting, 92x54cm

    Wan Fung Art Gallery (

    )[email protected] | +86 0760 8833 3861

    www.wanfung.com.cn/eng

    For queries regarding the content of

    this magazine, please contact:

    [email protected]

    All materials and contents

    2015 Asia Briefing Ltd.

    Reference

    China Briefing and related titles

    are produced by Asia Briefing Ltd.,

    a wholly owned subsidiary of

    Dezan Shira Group.

    Content is provided by

    Dezan Shira & Associates.

    No liability may be accepted for any

    of the contents of this publication.

    Readers are strongly advised to seek

    professional advice when activelylooking to implement suggestions

    made within this publication.

    Sabrina Zhang

    National Tax Partner

    Dezan Shira & AssociatesBeijing Office

    Introduction

    With kind regards,

    Sabrina Zhang

    http://www.dezshira.com/personnel/sabrina-zhang.htmlhttp://www.dezshira.com/personnel/sabrina-zhang.htmlhttp://www.dezshira.com/personnel/sabrina-zhang.htmlhttp://www.dezshira.com/personnel/sabrina-zhang.htmlhttp://www.dezshira.com/personnel/sabrina-zhang.html
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    Credits

    Publisher / Chris Devonshire-Ellis

    Senior Editor / Matthew ZitoEditors / Zhou Qian & Steven Elsinga

    Design / Jessica Huang & Estela Mi

    Table of Contents

    Understanding Chinas Bilateral

    & Multilateral Agreements

    Chinas Proposed New Silk

    Road Free Trade Area

    Taking Advantage of Chinas

    Double Tax Agreements

    P.04

    P.11

    P.13

    Topic This IssueUsing Chinas Free Trade &Double Tax Agreements

    Online Resources on Emerging Asia

    ?

    China-South Korean Free Trade Agreement Talks Concluded

    Beijing Promoted FTAAP Will Drive US Investors To ASEAN

    Hong Kong-ASEAN FTA Could Be Implemented By 2016

    Australia Secures Far-Reaching Free Trade Agreement With

    China

    Chinas Double Tax Treaties: Complete Archive

    Analysis of Asias Tax Rates

    OECD & ASEAN Release Myanmar Foreign Investment Review

    Understanding Indias Industry Specific Tax Incentives

    Vietnams New Foreign Investment Information System

    Online Resources from China Briefing

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