One of the inevitable benefits for a Trading WFOE/JV or Manufacturing Company in China is export tax refunding. On one hand, the establishment can bring considerable tax refunds back to the enterprise to improve competitiveness even ease financial pressure; On the other hand, it also helps enterprise to keep an excellent corporate reputation.
Export tax refund refers to the value-added tax and consumption tax paid by the exported goods to the actual production and circulation segment in china. The system of tax refund for export goods is an important part of the tax revenue of a country.
The export tax rebate is mainly through the refund of export goods of domestic tax paid to balance the tax burden of domestic products, making their products to exclude tax costs to enter the international market to enhance competitiveness.
China, known as "the world factory", is a lucrative spot for exporting business. One of the inevitable benefits for a Trading WFOE/JV or Manufacturing Company in China is export tax refunding. On one hand, the establishment can bring considerable tax refunds back to the enterprise to improve competitiveness even ease financial pressure; On the other hand, it also helps enterprise to keep an excellent corporate reputation.
Export tax refund refers to the value-added tax and consumption tax paid by the exported goods to the actual production and circulation segment in china. The system of tax refund for export goods is an important part of the tax revenue of a country. The export tax rebate is mainly through the refund of export goods of domestic tax paid to balance the tax burden of domestic products, making their products to exclude tax costs to enter the international market to enhance competitiveness.
Application threshold:Applicant must have the qualification to self-export
Applicant must hold the business license issued by the administrative authority
Applicant must have an independent accounting system
Applicant must have a separate bank account can handle foreign buying and selling business and payment settlement.
Legal valid VAT special invoice issued by supplier
Foreign currency received which amount consistent with export custom declared
Export Refund Process：
Consulting --- provide a solution --- sign up service contract --- bank settlement --- prepare a full set of export documents --- export of goods --- hand in documents to us --- declaration tax refund --- successful tax refund
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