VAT exemption for cross-border taxable services

Application Requirements

Contract

Enterprises will basically qualify for VAT exemption by signing a written cross-border services contract with the overseas party as the recipient of services.

Income Terms

The enterprise should provide paid cross-border services, the total income of which will be earned abroad.

Main Business

The following services are eligible to be offered to overseas enterprises: technology transfer services, technical advisory services, contract energy management services, software services, circuit design and testing services, information system services, business process management services, trademark and copyright transfer services, intellectual property services, authentication services, audit services, and consulting services.

Our Focus

Scope of Business

The general description of the foreign investment enterprise's business scope on the business license needs to support the related tax exemption items; otherwise, filing for VAT exemption for cross-border taxable services will be affected.

Contract Approval

Before the enterprise signs the outsourcing service contract with their overseas clients, RTF will confirm that each key point is written into the technology contract so that the contract conforms to tax exemption policy requirements. Otherwise the application cannot be filed effectively.

Filing Process

Foreign investment enterprises filing for tax exemption in China must deal with complex tax policies and procedures. The application time, application process, application period, independent certification by a third party, and other aspects will all affect the application's success.

Our Solutions

Preparation Stage Services

Feasibility Assessment

Before the application process is begun, we will conduct a feasibility assessment to confirm that the enterprise conforms to tax exemption policy requirements for certification, and to investigate potential project obstacles and the level of tax audit risk that the enterprise may face during the application period.

Policy Analysis

We will perform a detailed analysis on the enterprise and current tax incentive policy, laws, and regulations and will present our findings to ensure that clients are completely satisfied whether their business conforms to policy requirements, which will streamline the decision-making process.

Execution of Control Table

We will create a project schedule that allows convenient and efficient tracking of the project process and milestone achievement. This common resource increases mutual understanding and keeps our clients on the same page as RTF's team members at all times.

Mid-Stage Implementation Services

Business Scope Improvement

Based on the enterprise's unique situation and business model, we will assist to improve the business scope and ensure it corresponds to the relevant regulations. We will then ensure that any necessary changes are registered with the relevant government departments.

Contract Improvement

We will assist enterprises to design, review, and, if necessary, improve their business contracts to confirm that all key requirements are met.

Approval Process Tracking

Enterprises variation in their business models and business emphasis will determine which tax exemption policies and regulations need to be followed. Through analysis of the business and current policy, we will determine the exact approval process to follow and all other related information, while minimizing risks to the enterprise.

Later Services

Exemptions Summary

After approval of the tax exemption application by the relevant tax authorities, we will provide a final report on the exemption status, with specific attention to the relevant authorities and contract checkpoints. We will also prepare any necessary documentation.

Check for Overpayment of Tax

For taxes paid by the enterprise prior to obtaining the tax exemption qualification, clients may be eligible for a refund for the preceding three years.

Our Service Advantages

Overall Planning

Through effective overall planning, we can aid our foreign investment enterprise clients to quickly realize financial and tax optimization objectives with lower costs, at the same time reducing their risk exposure. By optimizing the tax plan, we permit enterprises to obtain more tax incentive and subsidy support.

Risk Control

We analyze enterprises' current situations and develop the best tax operation schemes for VAT exemption projects with respect to existing policies. We minimize enterprises' tax exposure and risks so that our clients can freely enjoy current tax exemption and incentive policies.

Efficient Process

Our highly efficient work processes allow us to solve many problems faced by foreign investment enterprises in China. Our efficient processes come from a familiarity with various business models and structures and strong contact with the relevant administrative departments.

Services

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