Julkaistu · Finland
What the 2026 BRICS Tax Commissioners Meeting Means for Foreign Founders in China
China's top tax official attended the 2026 BRICS Tax Commissioners Meeting in New Delhi. Here's what the discussions on resilient, innovative, cooperative, and sustainable tax administration could mean for foreign entrepreneurs operating in China.
What the 2026 BRICS Tax Commissioners Meeting Means for Foreign Founders in China
On September 23–24, 2026, a delegation led by Hu Jinglin, Commissioner of the State Taxation Administration of China, attended the BRICS Tax Commissioners Meeting in New Delhi, India. The meeting, hosted by the Indian tax authority, brought together tax commissioners and representatives from 10 BRICS countries—including India, China, Brazil, Russia, and South Africa—under the theme “Building a Resilient, Innovative, Cooperative, and Sustainable BRICS.” For foreign founders registering or operating a company in China, these high-level discussions can signal shifts in cross-border tax administration and compliance expectations.
Key Takeaways from the Meeting
Commissioner Hu noted that 2026 marks the 20th anniversary of BRICS cooperation and the 15th year of the BRICS tax cooperation mechanism. In his remarks, he emphasized that China’s tax authorities are willing to work with other members to uphold the BRICS spirit of openness, inclusiveness, and win-win cooperation. He outlined four priorities:
- Resilience: Strengthening the foundations of tax administration to withstand international tax rule changes and new economic demands.
- Innovation: Driving digital transformation in tax systems.
- Cooperation: Building broad consensus among member countries.
- Sustainability: Planning for long-term development and expanding the outcomes of BRICS tax cooperation.
These priorities reflect a broader effort to improve global tax governance. For foreign founders, this means that China’s tax administration is likely to continue modernizing, with an emphasis on digital tools and cross-border coordination. While the source does not specify new rules, the direction suggests that compliance processes may become more streamlined and transparent over time.
China’s Engagement with Businesses Operating Abroad
During the visit to India, the Chinese delegation also visited the Chinese Embassy and held a symposium with Chinese-funded enterprises operating in India. The delegation introduced a series of measures by China’s tax authorities to support companies “going global,” answered tax questions raised by the enterprises, and listened to their suggestions. The aim was to help these companies better prevent cross-border tax risks and achieve high-quality development.
Although this specific event focused on Chinese companies investing overseas, it underscores the Chinese tax authority’s active role in supporting businesses with cross-border operations. Foreign founders in China can expect similar engagement from tax authorities in terms of guidance on cross-border tax issues, particularly as digital services and international cooperation expand.
What This Means for Foreign Founders
While the meeting itself does not introduce new regulations, it provides context for the direction of tax administration in China. Here are practical considerations for foreign entrepreneurs:
- Stay informed on digital tax administration: China’s emphasis on innovation and digital transformation means that online filing, electronic invoicing, and data-driven compliance are likely to become more prevalent. Ensure your company’s accounting systems are compatible with digital requirements.
- Understand cross-border tax risks: As international tax rules evolve, foreign founders should be aware of potential changes in transfer pricing, permanent establishment, and treaty benefits. The BRICS discussions on resilience and cooperation may lead to more coordinated approaches among member countries.
- Leverage available support: China’s tax authorities provide services for companies operating abroad; similar support may be available for foreign-invested enterprises in China. Engage with local tax bureaus for guidance on compliance.
- Plan for sustainability: The focus on sustainability suggests that tax incentives or policies related to green development could emerge. Keep an eye on future announcements.
Looking Ahead: China to Host 2027 Meeting
Taxation is an important professional field under the BRICS cooperation framework. The source confirms that China’s tax authorities will host the 2027 BRICS Tax Commissioners Meeting. This presents an opportunity for foreign founders to watch for further developments in international tax cooperation that may affect their operations in China.
In the meantime, foreign founders should maintain robust tax compliance and stay attuned to policy signals. The 2026 meeting reinforces China’s commitment to international tax cooperation and modernization, which ultimately aims to create a more predictable environment for cross-border business.
Call to Action: For assistance with company registration and ongoing operations in China, foreign founders can contact ChinaMNC on WhatsApp / WeChat at +86 153 1898 8535. Our team can help you navigate tax compliance and other regulatory requirements.
This summary is based on information published by the relevant Chinese government website and is general information, not legal or tax advice.