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Retained

  • Statutory Tax Rate 25
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 0
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 25

Statutory Tax Rate

The rate of enterprise income tax is 25%. A special rate of 20% applies to resident enterprises with low profits. Effective 1 January 2020, a preferential tax rate of 4% on deemed profit is introduced for e-commerce exporters meeting certain conditions.