China Company Value Added Tax ( VAT )Rates
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Each China company involve in local market, then need pay attention on the Value Added Tax ( VAT . The standard rate of VAT is 13%.For small entrepreneurs, the VAT rate applicable is 3% with limits on VAT deductions.
China VAT rates
Rate Type Which goods or services
13% Standard All other taxable goods and services
9% Standard Retail; entertainment; hotel; restaurants; catering services; real estate and construction, telephony calls; postal; transport and logistic
6% Standard Financial services and insurance; telephony and internet data; IT; technology; consulting
3% Chinese National Education Tax
2% Chinese Local Education Taxes
6% City Maintance & Construction
3% Construction services
1%-56% Luxury Consumption tax applies to prescribed nonessential and luxury or resource-intensive goods (including alcohol, luxury cosmetics, fuel oil, jewellery, motorcycles, motor vehicles, petrol, yachts, golf products, luxury watches, disposable wood chopsticks, tobacco, certain cell and coating products), and it mainly affects companies involved in producing or importing these goods. The tax is calculated based on the sales value of the goods, the sales volume or a combination of the two. The proportional consumption tax rate is from 1% to 56% on the sales revenue of the goods. Exports are exempt.
In addition to VAT, there are a range of other indirect taxes, including:
Stamp Duty
Customs Duty on imports and luxury goods
City Construction and Maintenance Levy
National Education Tax
Contact Us
If you have further queries, don’t hesitate to contact ATAHK anytime, anywhere by calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82148419 or emailing to susiehu@citilinkia.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen South Rd, Luohu, Shenzhen, China.