Want to know the latest updates on the Value-added Tax (VAT) Law which will be effective from the beginning of 2026 and how will that impact your business in China? Here is your chance to learn by participating in our seminar in Shanghai on 25th Sept.
This event is orgainzed by the Benelux Chamber of Commerce in China and the Swedish Chamber of Commerce in China, in collaboration with Grant Thornton.
Firstly, on August 11, 2025, the Ministry of Finance and the State Taxation Administration issued the "Implementation Regulations of the Value-Added Tax Law of the People's Republic of China (Draft for Comment)". It is the final parts of the whole VAT Law to be effective from 2026 Jan 1st impacting all corporations registered in China. This rule will provide specific provisions on core issues such as the determination of tax obligations, tax deductions, and the application of tax incentives, directly impacting corporate tax compliance and strategic planning.
To help enterprises grasp legislative trends, this seminar will aim to assist companies in preparing compliance in advance and provide constructive suggestions for improving tax efficiency covering below aspects: In-Depth Comparison of the Draft Regulations Practical Experience and Challenges with VAT Credit Refunds VAT Treatment for Cross-Border Businesses Tax Compliance and Dispute Prevention For the second half of the seminar, Grant Thornton will also share the latest key Corporate Tax Incentives and Subsidies your China entities could be applicable, ranged from 200% R&D expense deductions to millions of various subsidies meeting the conditions.
If you are in-charge or covering China corporate tax and subsidy area, please do not miss this session. the experts at Grant Thornton are glad to discuss and chat your questions 1-on-1 during and or after the session.
