(Source:https://pltfrm.com.cn)
Merchants on Xiaohongshu need to be aware of various taxes and fees, which include:
- Platform Fees: Xiaohongshu may charge fees for listing products or a percentage of sales.
- Import Taxes and Duties: For international merchants, import taxes and duties apply when goods are brought into China.
- Value-Added Tax (VAT): Applicable to goods sold within China.
To handle tax compliance:
- Understand Chinese Tax Laws: Familiarize yourself with tax regulations in China.
- Keep Accurate Records: Maintain detailed financial records for all transactions.
- Consult with Tax Professionals: Seek advice from tax experts familiar with Chinese e-commerce.
Staying informed and seeking professional advice can help merchants navigate tax compliance effectively.
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