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The Particularity of ACFIC |
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2009-08-13 |
ACFIC, full name: All-China Federation of Industry & Commerce is not a normal trade association like others in China.
ACFIC was established in 1950s, the only trade association existed in China until late 1970s. The initial purpose of its establishment was to supervise the entire private enterprise and help convert them into state-owned enterprises. Today, with the Open & Reform Policy, ACFIC was n...... |
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Does Trade Associations in China Need to Pay Income Tax? |
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2009-08-13 |
Unlike trade associations in many developed countries, in China, any trade associations launch a profitable program and gain profit from it must pay income tax to the government.
In theory, trade associations are non-profit organization, that it is unreasonable to levies income tax from them. Nearly all associations and many scholars are appealing to cancel income tax that trade association must pay, bur r...... |
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How Many Trade Associations Exist in China? |
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2009-08-12 |
Until the end of 2008, there are about 400 thousand NGOs in China registered in department of civil administration, including about 59 thousand trade associations.
Now, the increase of the amount of trade associations is at a rapid pace, it is by estimate more than 60 thousand now and will overtake 70 thousand by the end of 2010.
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What Are NGOs Consisted of in China? |
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2009-08-11 |
In China, NGOs contains three different kinds of organizations, Social Organization, People-run Non-enterprise and Foundation.
Social Organization: Associations for economic aims or for charitable aims are all belongs to social organization, trade associations are one of social organization. For instance: China Rubber Industrial Association.
People-run Non-enterprise: Welfare Houses, Schools, kinde...... |
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What is Dual Regulation System? |
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2009-08-11 |
Dual regulation system is a unique regulation system that is used in the supervision of NGOs in China. All NGOs in China have two regulators, one is called “registration administration”, generally the department of civil administration, which a NGO must register in its name list; another is called “competent business unit”, generally a department of government, which, is related to the fiel...... |
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