The Jiangsu Provincial Taxation Department has rolled out 20 targeted measures to assist local enterprises with overseas investment, focusing on improving communication, service innovation, quality standards, operational efficiency, and support mechanisms.
Zhu Hai, head of the International Tax Administration Division, outlined three key aspects of the new policies. First, the department will provide early warnings about potential tax risks to help businesses maintain compliance in cross-border operations. Second, through cooperation with industry groups including chambers of commerce and overseas industrial park operators, the province will establish specialized service stations to resolve tax-related challenges. Third, dedicated support will be offered for particularly complex or large-scale cross-border tax matters.
Provincial data shows that as of 2024, some 2,448 Jiangsu-based investors have established 3,915 overseas enterprises across 118 countries and regions. The province's actual outbound direct investment has reached 224.135 billion yuan (approximately $30.83 billion), reflecting its growing presence in international markets.
These tax support measures form part of Jiangsu's broader strategy to strengthen the competitiveness of local enterprises operating abroad while ensuring compliant cross-border business practices.
掃一掃在手機(jī)打開(kāi)當(dāng)前頁(yè)  |
