UK Based Global VAT and Tax Consultants

China- VAT Reduction To 10%


China is to announce shortly that it will cut its standard VAT rate from 13% down to 10% this year. It has already reduced its VAT rate from 16% to 13% in April of this year.

China’s economy has slowed drastically as a result of  of US tariffs on Chinese products and a general global economic slowdown.

 


Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.