For today’s business post we are giving you an exclusive insight into the basics of dealing with VAT in China.
Understanding VAT can be a tricky business even in your own country, so you can imagine trying to grasp one of the most complex VAT systems in the world causes even the most experienced entrepreneur to cower at the task.
We have turned to our good friend tradegood.com to share their knowledge of VAT. Check the link below!
Here are some key words translated into Chinese:
|VAT||增值税||Zēngzhí shuì||Zung zher shway|
|Exchange rate||汇率||Huìlǜ||Hway lu|
We hope this helps break down the basic essentials of VAT in China. If you are still scratching your head and eager to read a more comprehensive guide than have a read of the article ‘A look inside China’s VAT system’: