(Source: https://pltfrm.com.cn)
Navigating China’s cross-border e-commerce tax regime is vital for foreign brands. Firstly, familiarize yourself with China’s ‘Positive List’ to ensure product eligibility. Utilize bonded warehouses in Free Trade Zones for efficient customs clearance and reduced taxation. Stay updated with the latest VAT and consumption tax rates applicable to your product category. Embrace platforms like Tmall Global or JD Worldwide, which streamline the customs and tax processes. Regularly consult with local tax professionals and integrate compliant payment gateways. By ensuring tax and tariff compliance, brands can optimize profitability and enhance customer trust.
Founded in 2012, PLTFRM is a French-Chinese joint venture branding consultancy. We combine practical strategy, marketing and e-commerce to develop Chinese brand strategies and improve conversion rates for over 30+ overseas brands in Europe, America, South America and Asia Pacific.
