10 Years: 14 Blog Posts: China VAT explained

Value Added Tax in China. Headaches Included

10 Years: 14 Blog Posts: China VAT explained China Sourcing Academy (CSA) lecturer Mike Bellamy has been blogging for a decade. CSA selected the best 100+ posts (covering 18 different sub-topics) from his various blogs for their relevance to international buyers doing business with China. Each week we pick a topic and offer the best…

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3 Tips for the RFQ that Saved me a Lot of Money

3 Tips For The RFQ That Saved Me A Lot Of Money

China Sourcing Academy (CSA) lecturer Mike Bellamy has been blogging for a decade. CSA selected the best 100+ posts (covering 18 different sub-topics) from his various blogs for their relevance to international buyers doing business with China. Each week we pick a topic and offer the best post about that topic pulled from Mike’s 100+ posts.

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Compliance in China. Challenges of Transparency, Interpretation & Enforcement.

Compliance is one of the biggest challenges facing foreign companies operating in China. While there is a law/policy/regulation/suggested standard promulgated by Beijing for almost every aspect of doing business, for the typical Western owned company operating in China, the problem is two-fold: Interpretation and enforcement of the law varies greatly not only from province to…

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3rd Party Assembly and VAT planning

Quoted FOB and EXW by the Chinese supplier.  Who pays the VAT in these circumstances? Who can apply for the refund? Marisa in S. Florida writes in to explain her situation and ask her VAT questions: Hi Mike, I have your book and also have heard you speak at the seminars in Miami and Hong…

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When does it make sense to process Chinese VAT rebates in-house?

A European friend of mine is based on China and runs a sourcing agency. The following are excerpts from our discussion on the pros and cons of setting up in-house VAT rebate facilities in China.  I’ve been reading your article “What is VAT and why should I worry about it” on your blog, and it…

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What are the China inbound taxes (VAT and import duty) for building materials?

My company is a Hong Kong based SMB, decoration material supplier, representing a several overseas brands. Would like to know the import duty and VAT rate for importing Japanese/ Italian products into China for tile, mosaic and as such building material. HS codes 69079000 and 69089000.  HS code 69079000 and 69089000 have in import duty for…

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How is VAT applied on a domestic transaction in China?

If I buy parts (EXW) in China and send them to another supplier in the same province for assembly into the final product prior to export, are they subject to local VAT?   Yes, generally speaking, when components, semi-finished goods and even finished goods are sold from one company to another in China, there is…

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