The government does not have the sole function to perform for the good of the community. Individuals and groups of people, in their own capacities, may also willingly give time and resources for the benefit of others.
Because of their charity nature, NGOs may be exempt from paying taxes. However, they need to undergo certain conditions, processes, and restrictions to set up a camp in China. Taxes and fees may be unavoidable entirely, especially if NGOs get disqualified from preferential tax exemption. Nevertheless, the Chinese authorities have formulated regulations to make taxing more manageable for NGOs.
To conclude, establishing a foreign NGO in China will be a breeze with help from the right people having expert know-how of China’s complex and changing taxation landscape. It should be noted, however, that foreign NGOs that wish to enter China need to set up a domestic NPO. Given that, the provisions for NGO eligibilities discussed in this article shall apply.
If you want to know more about doing business and related taxation in China, contact us to avail of our specialist services or visit our tax and accountancy page. Moreover, you can take advantage of Kwikdroid, our easy-to-use, 24-hour access company management tool for any type or size of business.
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