About HKTDC | Media Room | Contact HKTDC | Wish List Wish List () | My HKTDC |
繁體 简体
Save As PDF Print this page
WeChat
Qzone

8 May 2018

VAT Rates Reduced Across China as of May 2018

VAT rates across China are to fall as of 1 May 2018. The headline changes, as jointly announced by the Ministry of Finance and the State Administration of Taxation, will see the 17% VAT currently payable on the sale of goods fall to 16%, while the 11% VAT currently payable on the import of goods will fall to 10%.

For further details (in Chinese), please visit the following link:

Circular of the Ministry of Finance and State Administration of Taxation on Adjustment of VAT Rates
Content provided by Picture: HKTDC Research
Comments (0)
Shows local time in Hong Kong (GMT+8 hours)

HKTDC welcomes your views. Please stay on topic and be respectful of other readers.
Review our Comment Policy

*Add a comment (up to 5,000 characters)

GET OUR WEEKLY EMAIL UPDATES

EMAIL

FIRST NAME

LAST NAME

COUNTRY / REGION



I acknowledge that the above information may be used by the Hong Kong Trade Development Council (HKTDC) for incorporation in all or any of its database for direct marketing or business matching purpose (and may therefore become available to the public within and/or outside of Hong Kong for use by them), and for any other purposes as stated in the Privacy Policy Statement (available at http://www.hktdc.com/mis/pps/en); I confirm that I have the consent and the authority of each individual named in this form to release their personal data for the purposes stated herein.


 (If you are from a member state of the European Union ("EU") / European Economic Area ("EEA")), PLEASE tick here if you accept our use of your provided data for direct marketing purposes.

*For non-EU/EEA customers, please skip this box which is solely for EU/EEA customers as required by the relevant data protection law in the EU.



THANK YOU

Thank you for subscribing our marketing intelligence.