VAT pilot programme expands to Beijing

| BY

clpstaff &clp articles

Beijing is set to follow from Shanghai's VAT pilot programme as early as July 1, but it is unclear how closely the city will follow Shanghai's example

The Beijing Municipal Office of the State Administration of Taxation released forms on its website last week to for companies affected by the programme, but did little else to publicise the development.

Similar to Shanghai, the value added tax (VAT) applies to the transportation and certain modern service sectors like research and development, information and technology services and logistics. The move is part of the government's plan to transform the economy from a manufacturing hub and encourage modern service sectors.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]