Daisy Huang and Amber Liu Discuss China’s New VAT Regulations

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On June 20 and June 21, Dezan Shira & Associates had the pleasure to invite its dearest clients and partners to an exclusive seminar at both Guangzhou and Shenzhen offices in South China.

Daisy Huang and Amber Liu, senior managers of Dezan Shira & Associates’ Corporate Accounting Services teams in Guangzhou and Shenzhen, respectively, welcomed our guests with the opportunity for our company to provide updated and valuable information regarding China’s recent tax reforms.

Managing China’s Tax Reforms

Today, China is undergoing tax reforms in an attempt not only to streamline its tax regime but also to enforce better control and system management. The bulk of recent announced changes affect all companies located in or doing business in China. These businesses are now obligated to take actions to adjust to the new reforms.

Daisy Huang - Senior Manager of Corporate Accounting Services in Guangzhou - talked about China’s New VAT Regulations

Amber Liu – Senior Manager of Corporate Accounting Services in Shenzhen – talked about China’s New VAT Regulations

With a client-centered focus, our tax experts presented on a number of key topics, including: new VAT regulations and their impact on small-scale and general VAT tax payers; the most common mistakes when applying the VAT tax in terms of fapiao management, business contracts, tax reporting, and the recent changes to China’s tax administration apparatus.

Further Information

For further information on this topic, please refer to Asia Briefing’s annual Tax, Accounting and Audit in China guide, or China Briefing’s informative article China’s New VAT Rates

For further inquiries about China’s VAT or other tax concerns in China, please contact  Daisy Huang (Guangzhou) or Amber Liu (Shenzhen).