China VAT changes

Wed 24th Aug 2016

China is changing a number of minor VAT compliance requirements from 1 September 2016. These include:

  • Gift vouchers and cards are exempt from VAT
  • Extension of the right to file only quarterly VAT returns
  • Update and extension to the VAT tax code listing
  • Services consumed outside of China are exempted from VAT

Click for free Chinese VAT info