When exporting goods from China, businesses need to complete their export VAT refund or exemption declaration within 36 months from the export date.Missing this deadline can be costly. Once the 36-month period expires, the export […]
China offers a wide range of incentives that can significantly reduce the cost of doing business. Depending on your industry, location, and qualification status, you may benefit from reduced tax rates, tax exemptions, government grants, […]
A Permanent Establishment (PE) is a tax concept used to determine when a foreign company becomes active enough in China for China to tax part of its profits. In simple terms, China may consider that […]
VAT is one of the main taxes businesses deal with in China, but it is often misunderstood at the start.At a basic level, the system is straightforward: VAT is charged on sales and offset against […]
When we speak with clients in technology, manufacturing, SaaS, and R&D-driven businesses about setting up or scaling in China, one question comes up very often: is the High-Tech Enterprise status really worth it? In practice, […]
