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China to Introduce Dividends Withholding Tax Deferral and other Measures to Promote Foreign Investment

|Approved Changes|China
China

The Chinese government has announced that the State Council has approved a number of measures meant to promote foreign investment in China during a Council meeting held 28 July 2017.

One of the main measures is a dividends withholding tax deferral for non-residents that reinvest dividends from Chinese companies into qualifying Chinese projects. In addition, the State Council has agreed on measures to:

  • Speed up registration of foreign investments enterprises,
  • Expand preferential policies…

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