| Notice of the Ministry of Finance, the State Administration of Taxation, the National Development and Reform Commission, and the Ministry of Commerce on the Applicable Scope of the Policy of Temporary Exemption of Withholding Taxes on the Direct Investment Made by Overseas Investors with Distributed Profits | | 财政部、税务总局、国家发展改革委、商务部关于扩大境外投资者以分配利润直接投资暂不征收预提所得税政策适用范围的通知 |
| (No. 102 [2018] of the Ministry of Finance) | | （财税〔2018〕102号） |
| The public finance departments (bureaus), development and reform commissions, and commerce departments of all provinces, autonomous regions, municipalities directly under the Central Government and cities under separate state planning; the tax services of the State Administration of Taxation (“SAT”) of all provinces, autonomous regions, municipalities directly under the Central Government, and cities under separate state planning; and the Financial Bureau, the Development and Reform Commission, and the Commerce Bureau of Xinjiang Production and Construction Corps: | | 各省、自治区、直辖市、计划单列市财政厅（局）、发展改革委、商务主管部门，国家税务总局各省、自治区、直辖市、计划单列市税务局，新疆生产建设兵团财政局、发展改革委、商务局： |
| For the purposes of implementing the decisions and deployments of the CPC Central Committee and the State Council, and further encouraging overseas investors to make investments in China, you are hereby notified of the issues on the policy of temporary exemption of withholding taxes on the direct investment made by overseas investors with distributed profits as follows: | | 为贯彻落实党中央、国务院决策部署，进一步鼓励境外投资者在华投资，现就境外投资者以分配利润直接投资暂不征收预提所得税政策问题通知如下： |
| I. Where the profits distributed by a resident enterprise within the territory of China to an overseas investor are directly invested within the territory of China, the applicable scope of the policy of temporary exemption of withholding taxes shall be expanded from investment projects in the encouraged category to all projects and fields for which foreign investment is not prohibited. | | 一、对境外投资者从中国境内居民企业分配的利润，用于境内直接投资暂不征收预提所得税政策的适用范围，由外商投资鼓励类项目扩大至所有非禁止外商投资的项目和领域。 |
| II. An overseas investor that is temporarily exempted from withholding taxes shall concurrently meet the following conditions: | | 二、境外投资者暂不征收预提所得税须同时满足以下条件： |
| (1) The direct investment made by the overseas investor with distributed profits includes the equity investment made by the overseas investor, such as increased capital funds, new construction, equity acquisition, among others, with the distributed profits, but excludes the increase, conversion or acquisition of shares of a listed company (excluding eligible strategic investment). It specially means: | | （一）境外投资者以分得利润进行的直接投资，包括境外投资者以分得利润进行的增资、新建、股权收购等权益性投资行为，但不包括新增、转增、收购上市公司股份（符合条件的战略投资除外）。具体是指： |
| (a) increase or conversion of paid-up capital or capital reserve of a resident enterprise within the territory of China; | | 1.新增或转增中国境内居民企业实收资本或者资本公积； |
| (b) investment in the formation of a new resident enterprise within the territory of China; | | 2.在中国境内投资新建居民企业； |
| (c) acquisition of equities of any resident enterprise within the territory of China from a non-affiliated party; and | | 3.从非关联方收购中国境内居民企业股权； |
| (d) other means specified by the Ministry of Finance and the State Administration of Taxation. | | 4.财政部、税务总局规定的其他方式。 |
| Enterprises invested in by overseas investors by the aforesaid means of investment are collectively referred to as invested enterprises. | | 境外投资者采取上述投资行为所投资的企业统称为被投资企业。 |
| (2) The profits distributed to the overseas investor are the dividends, bonuses or other equity investment income formed by the retained income that is actually distributed by a resident enterprise within the territory of China to the investor and has been realized. | | （二）境外投资者分得的利润属于中国境内居民企业向投资者实际分配已经实现的留存收益而形成的股息、红利等权益性投资收益。 |
(3) Where the profits of the overseas investor used for direct investment are paid in cash, the relevant funds shall be directly transferred from the account of the profit distributing enterprise to the account of the invested enterprise or the equity transferor, and shall not be turned over to other domestic or overseas accounts before the direct investment is made; and where the profits of the overseas investor used for direct investment are paid in kind, negotiable securities or other non-cash forms, the ownership of the relevant assets shall be transferred directly from the profit distributing enterprise to the invested enterprise or the equity transferor, and shall not be held by any other enterprise or individual on its behalf or be held temporarily before the direct investment is made.
．．．．．． | | （三）境外投资者用于直接投资的利润以现金形式支付的，相关款项从利润分配企业的账户直接转入被投资企业或股权转让方账户，在直接投资前不得在境内外其他账户周转；境外投资者用于直接投资的利润以实物、有价证券等非现金形式支付的，相关资产所有权直接从利润分配企业转入被投资企业或股权转让方，在直接投资前不得由其他企业、个人代为持有或临时持有。
．．．．．． |
|
Dear visitor, as a premium member of this database, you will get complete access to all content.Please go premium and get more.
1. To become a premium member, please call 400-810-8266 Ext. 171.
2. Binding to the account with access to this database.
3. Apply for a trial account.
4. To get instant access to a document, you can Pay Amount 【￥200.00】 for your single purchase. | |
您好：您现在要进入的是北大法宝英文库会员专区。
如您是我们英文用户可直接 登录，进入会员专区查询您所需要的信息；如您还不是我们 的英文用户；您可通过网上支付进行单篇购买，支付成功后即可立即查看本篇内容。
Tel: +86 (10) 82689699, +86 (10) 82668266 ext. 153
Mobile: +86 13311570713
Fax: +86 (10) 82668268
E-mail:info@chinalawinfo.com
|
| | | |
| | | |