Cómo declarar criptomonedas en China
In 2021, China banned cryptocurrency trading and mining on the mainland. Owning them is not explicitly prohibited, and in principle, gains are taxed as income from asset transfers at 20%. Tax authorities have begun to claim taxes on overseas gains.
Quick Tax Summary
- Tax type
- Income from property transfer (in principle)
- Tipo aplicable
- 20% on gains, according to general individual income tax regulations
- Tax-exempt minimum
- Does not apply
- Crypto-to-crypto
- No specific criteria published
- Staking y recompensas
- No specific criteria published
- Losses
- Does not apply
- Filing deadline
- June 30 of the following year (annual regularization)
- Formularios
- Annual PIT declaration
- Sanciones
- Between 50% and 500% of the omitted tax
- Autoridad fiscal
- State Taxation Administration (STA)
Prohibition and worldwide income
Chinese residents are taxed on their worldwide income. Since 2025, several tax offices have demanded the regularization of gains from overseas investments, including cryptocurrencies. Hong Kong has a completely different system.
Regional context
Asia has very different regimes: from countries with no capital gains tax (Singapore, Hong Kong) to flat rates of 30% (India). Several countries are reforming their rules, so it is advisable to review the current regulations each year.
Before filing: have your history in order
The first step to a proper tax declaration is to download the complete transaction history from each platform you use. MiCA-licensed exchanges often provide ready-to-use annual reports, which significantly simplifies the filing process.
See exchanges with MiCA licenseFrequently Asked Questions
Other countries in the same region · Asia
This guide provides general information and does not constitute tax advice. Rules change frequently: always confirm details with your country's tax authority or a tax advisor.