Global Trade Alert
Global Trade Alert

China: UMCT and EST will be levied on Foreign Invested Enterprises and Individuals from December 1, 2010

Announcement

18 Oct 2010

In October 2010, the government of China announced altered domestic business conditions for foreign investors.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Dec 2010

Revocation date:

No revocation date

Updated: 18 Oct 2010
FDI: Treatment and operations, nes In force

 On October 18, 2010, the State Council issued the Circular on Unifying Urban Maintenance and Construction Tax (UMCT) and Education Surtax (EST) System for Domestic and Foreign Invested Enterp...

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