VAT

Webinar: Things e-commerce seller need to know about German VAT

Webinar: Things e-commerce seller need to know about German VAT Ten days left! The grace period for German VAT compliance for (non-EU) e-commerce sellers is ending!  On 1 August 2018, the German government endorsed a draft law of the "Act to prec...

Reductions in Corporate Income Tax (CIT) and VAT for Small Businesses

It’s a good start into the new year for small and micro businesses in China: Following a State Council executive meeting on January 9th, 2019 the Chinese government introduced a new set of inclusive tax cuts for small and micro businesses. After the ...

Starting a business in Germany (1): VAT and Input Tax

When it comes to starting a business, there are many questions and issues that need solving such as company’s legal form and structure, business operations plan, marketing strategy, investment funding, cost management, etc. Besides that, it is ta...
VAT

Is Germany’s strict inspection on VAT reasonable? How should the enterpreises respond to that...

Germany intensifies its efforts to deal with China's electricity supplier to avoid the problem of value-added tax According to German newspaper Handelsblatt, Chinese companies have continued to evade VAT in the online trading market in Germany e-com...
VAt

Tax Update: New VAT Rates Starting From 1 May 2018

In the wake of China’s VAT reform, business has already benefited from savings worth 2.1 trillion RMB (270 billion EUR), according to the Chinese government. On 28 March 2018, the State Council announced three measures, which aim at further reduci...

New provisional VAT regulations

On Friday, December 1st, 2017, China's State Council announced revisions of the provisional regulations on VAT. The new regulations became effective immediately. The VAT reform is a comprehensive project of the Chinese government to gradually abolis...

TAX Update – New Protocol to Sino-Swedish Tax Treaty

A new protocol to the 1986 Double Tax Treaty (DTT) between China and Sweden has been signed on June 5th, 2017, in Stockholm, Sweden. The protocol between the two countries includes exemption of Value Added Tax (VAT) for international transportation s...
exemption

VAT Exemption And Common Issues (Youtube/Youku)

If you export services from China you might have the chance to get VAT exemption and reduce your tax burden. Learn more in this seminar which will give you in depth knowledge on how to apply and when it makes sense for you. https://www.youtube.com...

UPDATE: New VAT Rules and Fewer Tax Rates

In a State Council regular meeting, Premier Li Keqiang announced that starting from 1 July 2017, the tax rates of VAT will be simplified and merged into three categories, including 17%, 11%, and 6%. Previously, China had four VAT rates ranging from 6...

8 February 2017 Seminar: IIT & Social Insurance Update

  Wednesday, 8 February 2017   Our next seminar will focus on the newest tax regulations related to the individual income of expats, time apportionments, payroll and tax optimization strategies. Additionally, social insurance and all rele...