- China released Draft VAT Implementation Regulations on August 11, 2025
- The regulations aim to improve tax certainty for foreign-invested enterprises
- They will streamline compliance, cash flow, and cross-border trade planning
- The regulations are a key administrative component of the VAT Law effective January 1, 2026
- VAT is a major tax in China, contributing about 30 percent of total tax revenue
- The move represents a shift towards a more predictable and transparent tax framework
- The draft outlines provisions that impact cross-border trade, investment planning, and compliance
Source: china-briefing.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
