Announcement
16 Aug 2017
August 16th, 2017 - China's top-level State Council added to the slew of recent announcements asking for foreign capital investments. The announcement No.39/2017 calls for reduction and/or removal of withholding tax for eligible foreign entities, more autonomy for regional investment zones and various measures to streamline the investment and dividend withdrawal procedure for foreign nationals.
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Number of interventions
2
0 certainly harmful
0 likely harmful
2 liberalising
List of interventions
0 in force
Implementation date
No implementation date
Revocation date:
No revocation date
FDI: Entry and ownership rule
In August 2017, the State Council of China built on other announcements from this year to call for yet more opening up to foreign investment. This announcement focuses on the reduction of barriers to ...
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FDI: Treatment and operations, nes
In addition to the above, the announcement advocates a more lenient tax policy for foreign-invested entreprises, specifically a reduction or removal of witholding tax for designated businesses.
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