Following a recent meeting on 26 November 2014, China's State Council has reportedly decided to expand the types of high-tech services eligible for offshore outsourcing incentives to include software and information technology, R&D, and financial and governmental services. In addition, the number of model cities covered by the incentive regime will be increased.
The incentives that will be provided include a reduced enterprise income tax rate of 15%, zero-rate or exemption from VAT, and …