Month: June 2017

China’s Value Added Tax (VAT) regime is complex. Here are the must-know essentials about the infamous VAT fapiao. Following the first part about what VAT Fapiao is and what problems might be caused if you overlook them. Here is the second part talking about how to tackle this VAT Fapiao issue.

Every business manager and entrepreneurs running a company in China has had to deal with the infamous VAT fapiao. Misunderstanding the VAT rules is the quick way to get in trouble with the local taxman. Here’s what you need to know to be on the safe side…