Tax Planning Of Overseas EPC Project

Recent years,with the in-depth implementation of the "go global" strategy and the promotion of the "One Belt And One Road" initiative,More and more Chinese enterprises are participating in the global market competition.EPC contract is now becoming a common type of framework to do overseas engineering projects.Chinese companies have opened construction markets in Asia,Africa and Latin America.However,the international market brings not only opportunities but also challenges.Facing increasingly fierce competition in the international market,it’s becoming a big issue for local companies to optimize the risk response plan and minimize engineering costs.Tax planning is becoming more and more important during this progress.This article uses case study method to demonstrate the key point of tax planning throughout different periods in a cross-border engineering project.This paper takes N company as an example,analyzing the main taxes involved in the overseas EPC project of N company and the preferential tax policies,pointing out the key points of tax planning in each stage.Finally,giving suggestions on tax planning issues of overseas EPC project based on past experience.Hoping that it could provide reference for tax related issues in overseas project practice of "going-out" enterprises in China.