Explainer: A Q&A Guide to Learn About Shanghai's Taxation

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What can I do if there is an error when I pay personal housing property tax?

If there is an error when paying the tax, you can submit the relevant supporting documents to the tax department in the Real Estate Transaction Center in the district where the taxable house is located. This correction procedure can not be handled by other tax departments.

How long after business registration do I need to make a tax registration?

Taxpayers who have completed changes in the business administrative authority shall make tax registration changes within 30 days from the date of change registration by the business administrative authority; those who do not need to handle changes in the business administrative authority shall make tax registration changes within 30 days from the date of actual change in tax registration content, or within 30 days from the date of approval or announcement of the change by the relevant authority, by presenting the relevant certificates to the original tax registration authority.

What should I do if I can't read the VAT e-invoice?

The VAT e-invoice is in OFD format. You can download the VAT e-invoice reader from the National VAT Invoice Verification Platform (https://inv-veri.chinatax.gov.cn) to read the VAT e-invoice.

What is the deadline for payment of stamp tax on the taxable business books?

The taxable books of business are filed and paid annually or quarterly.

How is the basis of stamp tax determined?

A taxable contract is based on the amount stated in the contract, excluding the stated VAT. The taxable transfer document is based on the amount stated in the transfer document, excluding the stated VAT. The basis for taxable business books is the total amount of paid-in capital (share capital) and capital surplus recorded in the books. The taxable basis for securities transactions is the transaction amount.

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