Guangzhou, China – 4/24/2020: For the past ten years, Business China has helped businesses comply with industrial and legal frameworks in China, while also enabling them to take advantage of favorable government policies. The company’s VAT refund services exemplary of such policies.
A representative of the company stated, “VAT refunds are an essential part of the government’s trade policy to promote exports in the country, and to help your business grow.
In China, you are entitled to a refund on the VAT you paid to customs to import raw materials and inventory, as well as on the VAT you paid to suppliers for all equipment and goods. It applies to most types of VAT during the production, distribution, and sales of your products in China as well.”
VAT refers to ‘Value-added tax.’ This tax applies to one’s consumption, and not their income. VAT refunds are often referred to as VAT rebates in China. Whenever a Chinese company (that was initially incorporated in China) engages in the export of goods, it can apply for a VAT refund. This is a part of the government policy that states that exporters are to be exempted from paying VAT. The amount is then refunded to exporters, either in full or in portions, from the government.
This is where Business China comes in. The company has years of experience in guiding and providing consultations to businesses about VAT rebates. Other than that, Business China provides support services to make the process quicker and easier for businesses.
The company’s services are especially useful if the business doesn’t have proof of the VAT they paid. The consultants at Business China not only help the entrepreneurs prepare their case, but also allow them to comply with regulations.
The spokesperson continued, “It’s important to understand that the rebates apply to VAT that you have already paid. Therefore, we recommend all of our clients make sure they have proof of the VAT they have paid already. If you need help managing the records and documents, our representatives will be glad to help you out.”
Business China is also known for its company registration services. The company can be contacted using the details provided below.

About the Company
Business China has been helping companies launch a new business and expand already set up companies for more than 10 years. The company is known for providing support on all business fronts—including legal and accounting services.