If you want the best in the country, after going through the steps on how to check Chinese company registration number, there’s more you can do. The guys there respond very quickly and go above and beyond that help.". However, most products are taxed according to the standard VAT rate. VAT lookup is a Datalog service which enables you to verify vat numbers. Now you have an understanding of how the registration number works and a breakdown of what they mean, let’s explore the ways to check the Chinese company registration number. Next 8 Digits: Sequencing Number The next 8 digits in the registration number are described in official documentation as the 顺序码 – “sequencing number”. Shenzhen CBD:S2208 World Trade Center Building, No.371-375 Huanshi East, Yuexiu, GZ, Guangzhou HQ:S2208 World Trade Center Building, No.371-375 Huanshi East, Yuexiu, GZ, Sitemap It was also modernized to include elements of the tax registration number and the organization code, which were separate equally important documents businesses needed to have. VAT number search by company name. vat number verification can be a useful way to confirm the authenticity of a company. This information is essential for businesses worldwide that have been dealing with Chinese companies before this date. VIES VAT number validation. For small entrepreneurs, the VAT rate applicable is 3% with limits on VAT deductions. China VAT number format . In some regions, passport numbers are also recognized as TIN for foreign individuals. identification, TIN is the ID number. You can check out the master list of various customs duty rates for the ... You can only claim back VAT in China if you have a legal presence there. Neither shall you pay China VAT, as the supplier in China receives a VAT refund when exporting products. It has been... "A great customer experience! Businesses in China that are required to collect tax will be issued an identification number. VAT number lookup.Where can I check VAT numbers of my customers and suppliers? In certain situations, the current refund rate is 9%, and this rate will be reduced to 8% where applicable. Representative Office Registration in China, China Limited Liability Company Registration, China Business (M) Visa Renew in Guangzhou, Shenzhen, Foshan, Dongguan, China Guangzhou Company Registration Package, China Shenzhen Company Registration Package, China Dongguan Company Registration Package, China Shanghai Company Registration Package, China Foshan Company Registration Package, HK Company Bank Account Opening Guaranteed Package, Forming a WFOE in China Guangzhou, Shenzhen, Shanghai, Foshan. The first six digits of the China business registration number are the code of the registering authority and you can use this to determine the location of this registration. How do you know it you invoice a valid and active VAT number for a European company within the EU VAT area?. Important Disclaimer: As of 01/01/2021, the VoW service to validate UK (GB) VAT numbers ceased to exist while a new service to validate VAT numbers of businesses operating under the Protocol on Ireland and Northern Ireland appeared. You don’t want to involve yourself with such a company should a scandal break out, and your name gets implicated. There are other taxes, including Business Tax (3% to 20%) on services. Website: http://www.gsxt.gov.cn/index.html, TIP: IF you do not know Chinese, find a friend who knows Chinese to help you. 5 Most Valuable Tips for Buying Wholesale Jewelry, 200+ Trendy Keychain Design Ideas for 2021and Beyond, Buy Wholesale Stainless Steel Jewelry with No Minimum, Buying Wholesale Jewelry for Resale?4 Things You Should Know, https://www.youtube.com/watch?v=b7P_p_ex_Yw, 9 Famous US Jewelry Manufacturing Companies, 12 Famous OEM jewelry manufacturers on Alibaba, How to Start an Artificial Jewelry Business at Home, How to Become a Fashion Jewelry Distributor(10 Tips), 12 Famous Brass Jewelry Manufacturers In China. In essence, this practice is to verify if the company is real or not. The online world comes with the good and the bad, and the last thing you would wish for yourself and others is to get scammed. Check if they have ISO / CSA / UL / CE / TUV certificates that ascertain their quality. Local name for VAT number in France is Numéro d'identification à la taxe sur la valeur ajoutée / Numéro de TVA intracommunautaire. 555 Ladies Finger Ring Designs- Latest Ring Designs for Ring Designers. Having real-time information allows us to deal with issues immediately before they become problems.We are satisfy with Business China. There are multitudes of Chinese companies operating online all vying for your attention. There are many steps to take, but you want to ensure that all documents are legitimate. Relevant tax provisions: China Company Registration Detail. At a... "Quality work and friendliness is why I chose to work with Business China. You do not need to add a heading U character for Austrian VAT as this is done for you by the wrapper class. Check an EU VAT number is valid; What is a VAT Number? You can … Validate your client’s VAT number with every sales transaction to a foreign company, this is important to ensure that you exempt the sale from VAT. In other words, businesses operating in China can now enjoy the removal of up to 13% tax rate from the existing tiers 16%, 13%, 11% and 6%. The Ultimate Guide for China WFOE Formation in 2020. Process of VAT number registration is maintained by the Direction Generale des Douanes et Droits Indirect. If you grant customers exemption without having a valid VAT number, your company risks having to pay the exempt VAT and a fine. "Thanks to Business China’s professional guiding and efficient processing about company incorporation and VAT refunding, our new entity in Guangzhou already step into a virtuous circle. 600+ Classic Necklace Design Ideas You Should Have a Look, 10 Famous Wholesale Hair Accessories Suppliers in the UK, The first number= registering authority (typically a 9, representing AIC), The second number= registered entity type (enterprise, personal owned business, etc. All Rights Reserved - SOQ 2021 @Harreira.com, How to Check Chinese Company Registration Number(2021 Updated), AIC -Administration for Industry and Commerce, How to Verify Chinese Suppliers Are Factories (Not Trading Companies), http://www.gsxt.gov.cn/index.html ( This website has no SSL certificate, but it is SAFE to u, 69 Frequently Asked Questions Related to Fashion Jewelry Wholesale 2021. Who are the best jewelry wholesale suppliers? Each state can also set different VAT rates for different products or services – or even implement exemptions (0% VAT). Online systems to check for VAT … You need to know Chinese to verify some Captcha. Though it has already been four years if you’ve just noticed the registration number has changed, don’t be surprised- you are still dealing with the same people. Chinese consumers have shown themselves to be both early adopters of new technologies, and vociferous consumers of e-commerce products and services. Between 2012 and 2016, China’s VAT regime underwent a significant overhaul to widen the range of taxable supplies subject to VAT – including extending VAT to financial services such as banking and insurance. RMB 500,000 (US $75,400) for industrial taxpayers (i.e., enterprises … The other advantage of working with a registered Chinese company is you are sure that you can take legal action should they not keep their end of the contract, something unlikely to happen. The drive that led authorities to make this change was based on the country’s overall efforts to modernize their systems. The government introduced an 18-digit Chinese business registration number. The previous 15-digit registration number was no longer valid. Lack of this document is an indication they are operating illegally. China’s VAT system is unique by international standards in applying VAT to most financial services (including interest income), and in applying VAT to real estate transactions involving not only business-to-business (B2B) and business-to-consumer (B2C) transactions, but consumer-to-consumer (C2C) as well. VAT numbers in the EU consist of 15 alphanumeric characters with the first two indicating the country of the registered business - e.g., GB for the UK. If you set up a business in the Netherlands, you must have it registered in the Dutch Commercial Register of the Netherlands Chamber of Commerce (KVK). However, if this number is lacking in your shipments, you might want to get to the bottom of it. So, led to the evolution of the Chinese business registration number? The VAT refund for foreign passengers leaving China will be reduced from 13% to 11%. The digital economy in China is booming. Additional steps include also confirming their legal and operating address and their contact information registered under the system. Related reading: How to Verify Chinese Suppliers Are Factories (Not Trading Companies). So far, each EU member state sets its own VAT rate. They are as follows. So this service can be used to pre- check VAT numbers, but a manual checking may be still needed for invalid VAT numbers. I have to say... "Business China allows us to focus on our customers instead of being tangled into enterprise level business incorporation and maintance.". That is why it is vital that you learn how to check if you are working with a reputable business or one that is blacklisted. The new code was designed to meet this demand. Here is a website you can try. What is the VAT rate in my country? That means you should reach the boss. The VAT is considered as a neutral tax in China that allows businesses to deduct their contributions paid on business-relevant purchases or operations from their own corresponding VAT rate. You may ask how to check Chinese company registration number if you are doing business with Chinese companies. This company is registered so we give them a call and tell them we are acting on behalf of Mark and would like to check the status of his order. If the numbers are a match, then you are working with a legitimate company. As you can see, You can check number, name and their business address. You, however, want to make sure that by the time you settle on a few they are all legal. The flexability and speed of response from the account manager, as well as the quality of the service process was exceptional. ( Some Chinese Characters), Copy the Chinese characters of the company name. That sounds straightforward, but that’s far from the reality as you have to have some knowledge of how the system works and the language. Eighteen numbers are quite long, but they are all significant. Your support team is fantastic.". Apart from scams, some companies continue to operate despite their licenses being revoked. Double-check a company's VAT number to prevent potential issues. Copy the Chinese characters of the company name and paste into the system to confirm. What I liked most about Business China's service was the prompt and businesslike approach.It helped us dramatically. The easiest way is to simply ask them for their company's “统一社会信用代码” (which translated literally means “Unified Social Credit Code”) or to check for this number on their business license. We are here to help you learn how to check Chinese company registration number the easy way. Check with every sales invoice to a foreign company in an EU Member State the VAT number, this is important to ensure that you can exempt the invoice from VAT. The number gets logged as government records under authorities in charge of business registration (AIC -Administration for Industry and Commerce) in a given province. Checking a company’s registration number and confirming its legitimacy it is a practice that anyone working with local or international countries ought to do. The reforms were designed to: simplify compliance; reduce double taxation; encourage outsourcing and boost local consumption as the country moves away from an export-led economy. After taking the above steps, you should get in touch with the legal representative. Therefore, you will have to copy the Chinese characters of the company name and paste into the system to confirm. Contributors and small contributors is 'associated with ' a certain name and the are. 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