The Law of the People’s Republic of China on Enterprise Income Tax.docx

The Law of the People’s Republic of China on Enterprise Income Tax　　Table of Content　　Chapter One General Provisions　　Chapter Two Taxable Income　　Chapter Three Payable Tax　　Chapter Four Preferential Tax Treatment　　Chapter Five Tax Withheld at Source　　Chapter Six Special Tax Payment Adjustment　　Chapter Seven Administration of Tax Levying and Collection　　Chapter Eight Supplementary Provisions　　Chapter One General Provisions　　Article 1 Taxpayers of enterprise income tax shall be enterprises and other organizations that obtain income within the People’s Republic of China (hereinafter referred to as “Enterprises”) and shall pay enterprise income tax in accordance with the provisions of this Law.　　This Law shall not apply to wholly individually-owned enterprises and partnership enterprises.　　Article 2 Enterprises are divided into resident enterprises and non-resident enterprises.　　For the purposes of this Law, the term “resident enterprises” shall refer to Enterprises that are set up in China in accordance with the law, or that are set up in accordance with the law of the foreign country (region) whose actual　administration institution is in China.　　For the purposes of this Law, the term “non-resident enterprises” shall refer to Enterprises that are set up in accordance with the law of the foreign country (region) whose actual administration institution is outside China, but they have set up institutions or establishments in China or they have income originating from China without setting up institutions or establishments in China.　　Article 3 Resident enterprises shall pay enterprise income tax originating both within and outside China.　　Non-resident enterprises that have set up institutions or premises in China shall pay enterprise income tax in relation to the income originating from China obtained by their institutions or establishments, and the income incurred outside China but there is an actual relationship with the institutions or establishments set up by such ente