Please Try a Different Browser

You are using an outdated browser that is not compatible with our website content. For an optimal viewing experience, please upgrade to Microsoft Edge or view our site on a different browser.

If you choose to continue using this browser, content and functionality will be limited.

country-icon China


Exempt VAT for small scale taxpayers till 31 Dec 2023

China's State Administration for Taxation recently published a notice on VAT incentives for small taxpayers. From January 1 to December 31, 2023, small businesses with monthly sales under 100,000 yuan will be exempt from VAT.   Furthermore, the STA clarified that from January 1, 2023, until December 31, 2023:  
  • Taxpayers in the production services industry can benefit from an additional 5% VAT deduction based on the input VAT deducted in the current period.  
  • Taxpayers in the lifestyle services industry can benefit from an additional 10% additional VAT deduction based on the deductible input VAT in the current period.  

Schedule a Free Consultation

Let us show you how we can support your business to send 100% compliant e-invoices in 54 countries. Please provide your details and one of our team will be in touch.

First Name
Last Name
Job Title

By submitting this form, you agree to Tungsten Automation terms of use and privacy policy.*