Guangzhou Simplifies Electronic VAT Declaration Procedures

January 19, 2012 Posted by China Briefing Reading Time: 2 minutes

Jan. 19 – Guangzhou’s value-added tax (VAT) small-scale taxpayers are no longer required to submit paper declaration forms when they file electronic VAT declarations.

According to the “Announcement on Canceling Paper Declaration Form Submissions During Small-Scale Taxpayers’ Electronic VAT Declaration (Guangzhou SAT Announcement [2012] No.1),” starting on January 15, VAT small-scale taxpayers that pay VAT based on auditing results and file VAT declarations electronically are not required to submit paper declaration forms anymore.

The above-mentioned VAT small-scale taxpayers may complete VAT declarations via the Guangzhou Tax Bureau’s telephone or online system without submitting paper declaration documentation. However, taxpayers who cannot declare VAT electronically shall still submit the required paper material.

Taxpayers that conduct VAT declarations via telephone will receive E-mails with declaration details from the tax authorities; taxpayers that file VAT declarations online can print out the declaration certificates from the web site.

Dezan Shira & Associates is a boutique professional services firm providing foreign direct investment business advisory, tax, accounting, payroll and due diligence services for multinational clients in China, Hong Kong, India, Singapore and Vietnam. For further advice please email china@dezshira.com, visit www.dezshira.com, or download the firm’s brochure here.

This article is also available on Dezan Shira & Associates’ online business resource library. To view the article, and other regulatory updates, please click here.

Related Reading

The Greater Pearl River Delta: Business Guide to South China (Fourth Edition)
In this newly-released edition of our regional business guide to South China, we offer business-minded individuals an up-to-date reference source for all of the key issues concerning setting up and successfully operating a business in South China.

Guangzhou City Guide
Asia Briefing’s complimentary Guangzhou City Guide is designed for the investor seeking a general overview on one of China’s largest cities. As capital of Guangdong, one of China’s most developed and prosperous provinces, Guangzhou is also the center of manufacturing in the region and hosts several important annual trade fairs.