تاريخ النشر · Egypt
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 foreign founders operating in China should know about the direction of international tax cooperation and cross-border compliance.
China Participates in 2026 BRICS Tax Commissioners Meeting
From September 23 to 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 was hosted by the Indian tax authority and brought together tax commissioners and representatives from 10 BRICS countries, including India, China, Brazil, Russia, and South Africa. Discussions centered on the theme “Building a Resilient, Innovative, Cooperative, and Sustainable BRICS.”
Key Discussion Points
Commissioner Hu noted that 2026 marks the 20th anniversary of BRICS cooperation and the 15th year of the BRICS tax cooperation mechanism. In light of major adjustments to international tax rules and new demands on tax administration from economic and social development, he expressed China’s willingness to work with other members to uphold the BRICS spirit of openness, inclusiveness, and win-win cooperation. The approach outlined includes:
- Resilience: strengthening the foundations of tax administration;
- Innovation: driving digital transformation;
- Cooperation: building broad consensus;
- Sustainability: planning for long-term development.
The goal is to further expand and deepen BRICS tax cooperation outcomes and contribute to improving the global tax governance system.
Support for Chinese Enterprises Operating in India
During the visit, the delegation also visited the Chinese Embassy in India and held a symposium with Chinese-funded enterprises operating in India. The delegation introduced a series of measures by China’s tax authorities to serve enterprises “going global,” answered tax questions of concern to the companies, and gathered opinions and suggestions. The aim was to help Chinese-funded enterprises in India better prevent cross-border tax risks and achieve high-quality development.
BRICS Tax Cooperation and the 2027 Meeting
Taxation is an important professional field under the BRICS cooperation framework. The 2027 BRICS Tax Commissioners Meeting will be hosted by China’s tax authority.
Practical Implications for Foreign Founders in China
For foreign founders registering or operating a company in China, the outcomes of this meeting signal several practical points:
- Digitalization of tax administration is a priority: China’s emphasis on “innovation” to drive digital transformation suggests that tax compliance in China will increasingly rely on digital tools and data-driven processes. Foreign founders should ensure their accounting and tax reporting systems are compatible with digital requirements.
- Cross-border tax risk management is crucial: The meeting highlighted efforts to help enterprises prevent cross-border tax risks. Foreign founders with cross-border operations should stay informed about international tax rules and consider seeking professional advice to manage their tax positions.
- International cooperation may lead to greater transparency: As BRICS tax cooperation deepens, information exchange and coordination among tax authorities may increase. Foreign founders should maintain accurate and consistent tax reporting across jurisdictions.
- China will host the 2027 meeting: This may bring further attention to China’s tax policies and administration, and potentially new initiatives. Foreign founders should monitor announcements from China’s tax authorities for any changes that may affect their operations.
Conclusion
The 2026 BRICS Tax Commissioners Meeting underscores China’s commitment to international tax cooperation and digital transformation. While the meeting itself does not introduce new regulations, it reflects the direction of tax administration that foreign founders should consider when planning their China operations. Staying informed and proactive about tax compliance can help mitigate risks and support sustainable growth.
This summary is based on information published by the relevant Chinese government website and is general information, not legal or tax advice.
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