China’s Horgos no longer tax haven after Fan’s scandal

Beijing: Horgos, a small and young city in the Xinjiang Uygur autonomous region, will no longer be a “tax haven” for companies that take advantage of the city’s preferential policies on tax exemption, as the city has been tightening up requirements for businesses that are eligible for the policies.

“Even the companies that run businesses to help other companies register in Horgos have closed. The good times are gone,” said Luo Shenghao, an import and export businessman who gave up his part-time job helping other domestic companies register in the city.