VAT refunds

The return of part of the value-added tax is a common practice in many countries. This option is available in China, however, with certain limitations. For most entrepreneurs and companies working with Chinese suppliers this method is not available. The legislation clearly regulates the rules for VAT refunds. To return a part of the tax paid, it is necessary to meet all requirements, including being registered as a taxpayer with an annual turnover of at least 800,000 yuan.

Intersafetrade company offers to its customers a convenient and legal way to receive VAT refund in China. If you execute transactions through a company registered in the territory of the PRC, payments of VAT will be refunded into that company’s account. Then this money (after deducting the commission for the service) will be transferred to the client.
The return mechanism is simple and transparent:

• an invoice from a Chinese manufacturer is issued to our company;
• export and import operations occur on our behalf;
• the amount of VAT refund is credited to our account within 3 months;
• company transfers to the client a part of the money received (minus the amount agreed in advance in the contract).

This scheme allows you to return up to 85% of the paid VAT (depending on the type of product).