conpak logo
conpak

Value Added Tax

conpak services

Value added tax is a kind of turnover tax imposed on the newly-increased value; that is, the additional value of goods in various links from commodity production to circulation. All corporations and persons engaged in the sales or importation of goods, provision of processing, repairs and replacement services within the territory of the People's Republic of China are taxpayers of Value Added Tax (hereinafter referred to as "taxpayers").

Scope of Charge

  • The sales of goods
  • The provision of processing, repairs and replacement
  • The importation of goods

Basis of Assessment

It's based on the sales amount; that is, all money received from purchasers by taxpayers selling the goods or providing the taxable services.

Tax Rate

Value added tax payers comprise general taxpayers and small-scale taxpayers

  • General taxpayers: standard VAT rate17%, low VAT rate 13%
  • Small-scale taxpayers: VAT rate for commercial enterprises 4%; VAT rate for productive enterprises 6%

Computation of Tax Payable

Intermediate Links of Taxation

  • Sales link
  • Processing link
  • Import link

Exportation Policies

Tax Prefevences

If you would like more information about Value Added Tax, please contact our professionals and we will provide you with free advisory.

Online Enquiry
online chat
Useful Links
Contact Us

Hong Kong Headquarters

Rooms 1102-1103, 11/F,
Kowloon Building,
555 Nathan Road, Mongkok,
Kowloon, Hong Kong
Tel: (852) 2388 7870
Fax: (852) 2388 7900
Email: info@conpak.com

Hong Kong Office

Rooms 1402-1403, 14/F,
Kowloon Building,
555 Nathan Road, Mongkok,
Kowloon, Hong Kong
Tel: (852) 2892 1819
Fax: (852) 2893 1699
Email: enquiry@conpak.com

Shanghai Office

Room 2703, 27/F,
2 Grand Gateway,
3 Hongqiao Road, Xuhui District,
Shanghai 200030, China
Tel: (86 21) 6448 1122
Fax: (86 21) 6448 6268
Email: shanghai@conpak.com.cn

Shenzhen Office

Rooms 2711-2712, 27/F,
Shenzhen International
Chamber of Commerce Tower,
168 Fuhua 3rd Road,
CBD Futian District,
Shenzhen 518048, China
Tel: (86 755) 8882 0088
Fax: (86 755) 8831 3533
Email: shenzhen@conpak.com.cn

regisiter