Corporate Tax Comparison

Chinese Mainland vs Panama

Compare Chinese Mainland and Panama corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Time of Update — Chinese Mainland: 4/04/2026 · Panama: 4/04/2026

Base Country/Region

Compare Country/Region

Compare Corporate Tax

Chinese Mainland

Panama

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Time of Update — Chinese Mainland: 4/04/2026 · Panama: 4/04/2026

Corporate Income Tax (CIT)

Chinese Mainland

Panama

General CIT Rate:

25%

General CIT Rate:

CIT Return Due Date:

For annual CIT declaration, it should be submitted within five months after the end of the tax year. For monthly or quarterly temporary CIT declaration, it should be submitted within 15 days after the end of each month/quarter.

CIT Return Due Date:

Three months after the end of the fiscal year.

CIT Payment Due Date:

Within five months after the end of the tax year.

CIT Payment Due Date:

Tax payments must be made within three months after the end of the respective accounting period.

CIT Estimated Payment Due Date:

Quarterly or monthly installment payments should be made within 15 days after the end of each month/quarter.

CIT Estimated Payment Due Date:

6 months, 9 months, and 12 months after the end of the tax year.

Withholding Tax (WHT)

Chinese Mainland

Panama

Resident Withholding Tax (Dividend/Interest/Royalty):

5, 10 - 20/NA/NA

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

10/10/10

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

5, 10 - 20/12.5/12.5

Value-Added Tax (VAT)

Chinese Mainland

Panama

General VAT Rate:

13%

Learn More

Value-Added Tax (VAT)

General VAT Rate:

Learn More

Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Chinese Mainland

Panama

General Capital Gain Tax Rate:

Capital gains are subject to the normal corporate income tax rate.

General Capital Gain Tax Rate:

Return on investment sees Panama Company tax summary.

Effective Tax Rate (ETR)

Chinese Mainland

Panama

Composite Effective Average Tax Rate:

23.00

Composite Effective Average Tax Rate:

23.33%

Composite Effective Marginal Tax Rate:

15.59

Composite Effective Marginal Tax Rate:

18.47%

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