10Mar
Managing China’s VAT risks and opportunities
by swisscham in Consulting, Legal, Services, Tax
China’s VAT system is one of the most complex in the world. Although companies generally assume that VAT in China is “neutral”, in reality they are often net payers of VAT and can incur significant amount of VAT related costs. Our China VAT survey looks at the country’s VAT regime and how to effectively manage VAT risks and opportunities.