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News & Policies
Extension of the implementation period of the small-scale taxpayer’s VAT reduction and exemption policy
In order to further reinstate the business of individual merchants and micro-enterprises, the relevant tax policies are now announced as below:
The Announcement of the State Administration of Taxation of the Ministry of Finance on the Value-Added Tax Policy for the Reinstatement of Individual
Merchants (Announcement No. 13 of the Ministry of Finance, Administration of Taxation 2020 No. 13) extended the implementation period of tax
preferential policies to 31st.Dec.2020.
Ministry of Finance General Administration of Taxation
30th.Apr.2020