Tag: Value Added Tax (VAT)

In accordance with Chinese tax legislation, every company operating a subsidiary in the country is obligated to fulfill monthly tax filings...

In light of the constantly changing tax and regulatory environment, and in an effort to provide a better understanding of how...

China’s VAT system is widely considered to be quite a complex system. Over the past few years, it has undergone and...

Since the outbreak of Covid-19, the Chinese government has implemented various support measures to assist, especially small and medium-sized, enterprises weather...

We discuss what a fapiao is, how it is different from an invoice, how to use fapiaos and where their importance...

China has lowered employer contributions to the country's Pension Fund. These significant reductions to employer social security contributions may be one...

China has recently implemented changes and reforms to the Individual Income Tax (IIT), the Value Added Tax (VAT) and Corporate Income...

China's VAT reform continued with new Value Added Tax policies, such as lowering of China's VAT rates in 2019, increased scope...

On March 5th, 2019, China announced reductions to the Value Added Tax (VAT). The VAT rates of 16% and 10% will...

Most companies in China must meet several monthly, quarterly and annual tax deadlines and compliance requirements. This article will discuss Corporate...