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Decree of the Chairman of the People's
Republic of China
No. 63
"Enterprise Income Tax Law of the People's Republic
of China" has been approved on the 5th meeting of 10th NPC on March 16, 2007. It
is now promulgated and shall come into effect as of January 1, 2008.
Hu Jintao, Chairman of the People's Republic of
China
March 16, 2007
Enterprise Income Tax Law of the People's Republic
of China
(Approved on the 5th meeting of 10th NPC on March
16, 2007)
Contents
Chapter 1: General Provisions
Chapter 2: Taxable Amount of Income
Chapter 3: Tax Payable
Chapter 4: Tax Preference
Chapter 5: Withholding at Source
Chapter 6: Adjustment of Special Taxes
Chapter 7: Management of Taxation
Chapter 8: Miscellaneous Provisions
Chapter 1: General Provisions
Article 1: Income tax shall be paid in accordance
with the provisions of this Law by enterprises and other organizations
(hereafter referred to as “enterprises”) within the territory of the People's
Republic of China on their incomes.
This Law is not applicable to individual
proprietorship or partnership enterprises.
Chapter 2: Enterprises are divided into resident
enterprises and non-resident enterprises.
Resident enterprises as mentioned
here refer to enterprises established within the territory of the People's
Republic of China, or those established according to foreign (regional) laws
with effective management office residing within the territory of
China.
Non-resident enterprises as mentioned here refer to enterprises
established according to foreign (regional) laws with the effective management
office residing outside China but with branch offices in China, or those without
branch offices in China and but being originated from enterprises established
within the territory of China. | 
