啟源顧問有限公司的部落格

Financial Services

17

Loan Service

Business activities of obtaining interest income by lending money to others. Incomes earned by various occupying and borrowing money, including the interest income (break-even revenue, remuneration, capital cost, compensation, etc.) of financial commodities holding period (including maturity), credit card overdraft, and buying of resold financial commodity and margin charging interest income, as well as financing after-sales leaseback, documentary bills, penalty interest, bills discounting, on-lending interest income, shall be subject to VAT in accordance with the loan service; The fixed profit or guaranteed profit collected from the monetary capital investment shall be subject to VAT in accordance with the loan service.

6%

18

Direct Charging Financial Service

Business activities of charging a fee by providing services for monetary financing and other financial transactions, including currency exchange, account management, electronic banking, credit card, letter of credit, financial guarantee, asset management, trust management, fund management, management of financial trading place (platform), fund settlement, fund clearing, financial payment and so on.

6%

19

Life Insurance Service

The insurance business activities that taking people’s life and health as the subject matter of insurance.

6%

20

Property Insurance Service

The insurance business activities that taking property and its related interests as the subject matter of insurance.

6%

21

Financial Assets Transfer Service

Business activities of transferring the ownership of foreign exchange, negotiable securities, non-commodity futures, and other financial commodities. The transfer of other financial commodities, including the transfer of various asset management products such as funds, trusts, and financial products and the transfer of various financial derivatives.

6%

No.

Taxable Items

Tax Rate

Modern Services-- Research and Technology Services

22

Research Service

Business activities of research and experimental development of new technologies, new products, new processes or new materials and their systems.

6%

23

Energy Performance Contracting Service

The energy conservation service company and the energy consumption unit agree on the targets of energy conservation in the form of contracts, the energy conservation service company shall provide the necessary services, and the energy consumption unit shall pay the reasonable remuneration for the energy conservation effect to energy conservation service company.

6%

24

Engineering Survey and Exploration Service

Before and after mining and engineering construction, the business activities of conducting an on-the-spot investigation of the topography, geological structure, and underground resources.

6%

25

Technology Service

Meteorological services, earthquake services, Marine services, surveying and mapping services, urban planning, environmental and ecological monitoring services, and other special technical services.

6%

Modern Services--Information Technology Service

26

Software Service

Business activities of providing software development services, software maintenance services, software testing services.

6%

27

Circuit Design and Testing Service

Business activities of providing integrated circuit and electronic circuit product design, testing and related technical support services.

6%

28

Information System Service

Business activities of providing information system integration, network management, website content maintenance, desktop management and maintenance, information system application, basic information technology management platform integration, information technology infrastructure management, data center, hosting center, information security services, online antivirus, virtual host services, including the network operation service for website game which is not owned by the website.

6%

29

Business Process Management Service

Service activities of providing human resource management, financial and economic management, audit management, tax management, logistics information management, operation information management, call center service.

6%

30

Information System Value Added Service

The use of information system resources to provide additional information technology services to users. Including data processing, analysis, and integration, database management, data backup, data storage, disaster recovery services, e-commerce platform.

6%

No.

Taxable Items

Tax Rate

Modern Services-- Cultural and Creative Services

31

Design Service

Business activities of conveying plans and ideas in the form of words, language, pictures, sounds, and vision. Including industrial design, internal management design, business operation design, supply chain design, modelling design, clothing design, environmental design, graphic design, packaging design, animation design, online game design, display design, website design, mechanical design, engineering design, advertising design, creative planning, printing and so on.

6%

32

Intellectual Property Service

Business activities dealing with intellectual property matters. Including registration, appraisal, evaluation, authentication, and retrieval of patents, trademarks, copyrights, software and layout-design of integrated circuits.

6%

33

Advertising Service

Business activities using books, newspapers, magazines, radio, television, movies, slideshows, road signs, posters, shop windows, neon lights, light boxes, Internet and other forms for propagating or providing related services for customers’ goods, service operation items, cultural and sports programs or announcements, statements and other commissioned matters to publicize. Including advertising agencies and advertising release, broadcast, publicity, display and so on.

6%

34

Conference Exhibition Service

Business activities of various exhibitions and conferences held or arranged for commodity circulation, promotion, exhibition, economic and trade negotiation, non-governmental exchange, enterprise communication, and international exchanges.

6%

Modern Services -- Logistics auxiliary services

35

Aviation Services

Including aviation ground service and general aviation service. Aviation ground services are the business activities which the airlines, airport, civil aviation authority and terminal providing the ground services to the plane sailing in China or stay in the airport of China and other aircraft, including passenger safety inspection service, parking management services, airport lounge management services, aircraft cleaning and sanitation services, air flight service, aircraft service management, communication services, ground signal service, aircraft flight security services, the runway management services, air traffic management services. General aviation services are the business activities of providing flight services for professional work, including aerial photography, aviation training, aerial survey, aerial exploration, aerial forest protection, aerial hanging and broadcasting, aerial rainfall, aerial meteorological detection, aerial and Marine monitoring, and aerial scientific experiments.

6%

6%

Modern Services -- Leasing Services

42

Real Estate Financing Leasing Service

Leasing activity which subject matter is the real estate with financing and ownership transfer characteristics. Namely the lessor buys the immovable property according to the model and function which is required by the lessee and lease the immovable property to the lessee, the ownership of the leased items belongs to lessor during the contract period, and the lessee only has the right to use, after the contract expires and complete the rent payment, the lessee has the right to buy the leased items according to the residual value to have its ownership. This is a financial lease whether or not the lessor sells the leased item to the lessee. Financing after-sale leaseback is not subject to VAT for these tax items.

9%

43

Real Estate Operating Leasing Service

Business activity of transferring the immovable property to others for use within the agreed time and the ownership of the leased items does not change. For leasing the advertising space of immovable property on buildings and structures to other units or individuals for advertising purposes, VAT shall be paid in accordance with the operating leasing service. Vehicle parking services, road access services (including tolls, bridge tolls, gate fees, etc.), etc. are subject to VAT in accordance with real estate operating leasing services.

9%

44

Tangible Movable Property Financing Leasing Service

Leasing activity which subject matter is a tangible movable property with financing nature and ownership transfer characteristics. Namely the lessor by tangible movable property according to the model and function which is required by the lessee and lease the tangible movable property to the lessee, the ownership of the leased items belong to lessor during the contract period, and the lessee only has the right to use, after the contract expires and complete the rent payment, the lessee has the right to buy the leased items according to the residual value to have its ownership. This is a financial lease whether or not the lessor sells the leased item to the lessee. Financing after-sale leaseback is not subject to VAT for these tax items.

13%

45

Tangible Movable Property Operating Leasing Service

Business activity of transferring the immovable property to others for use within the agreed time and the ownership of the leased items does not change. For leasing the advertising space of tangible movable property on aircraft and vehicles to other units or individuals for advertising purposes, VAT shall be paid in accordance with the operating leasing service. The demise charter business of waterway transport and the dry charter business of air transport are operating leases.

13%

No.

Taxable Items

Tax Rate

Modern Services -- Authentication and consulting services

46

Certificate Service

Business activities for the units which have the professional qualification to prove that products, services, and management systems satisfied the related technical specifications, mandatory requirements of technical specifications and standards by testing, inspection, metrology, and other technologies.

6%

47

Authentication Service

Business activities for trustees which have the professional qualification of verifying relative matters and expressing opinions with probative force. Including accounting authentication, tax authentication, legal authentication, professional skill authentication, engineering cost authentication, engineering supervision, asset appraisal, environmental appraisal, real estate land appraisal, construction drawing examination, medical accident appraisal and so on.

6%

48

Consulting Service

Business activities for providing information, advice, planning, consulting and other services, including finance, software, technology, finance, taxation, law, internal management, business operations, process management, health and other aspects of the consulting. The translation service and market research service shall be subject to VAT in accordance with the consulting service.

6%

Modern Services -- Radio and television services

49

Radio, Film, and Television Programs Production Services

Business activities of providing radio, film, and television programs production services for the production of special programs, special columns, variety shows, sports program, cartoons, radio plays, TV plays, movies, and other radio, film and television programs and works. Including the planning, editing, shooting, recording, audio and video text and picture material production, site layout, post process, translation (compilation), subtitle production, opening and ending of the film, trailers production, special effects production, film restoration, cataloguing and rights confirmation and other business activities related to radio, film and television programs and production.

6%

50

Radio, Film and Tel-Programs Distribution Services

Business activities for distributing radio, film and television programs (works) and transferring the coverage and broadcasting rights of sports events and other activities to cinemas, radio stations, television stations, websites and other units and individuals by account sharing, buyout, and entrustment.

6%

51

Radio, Film and

Tel-Programs Broadcasting Services

Business activities for broadcasting film and television programs (works) in cinemas, theatres, video playhouse, and other places, and broadcasting film and television programs (works) through radio, television stations, satellite communications, the Internet, cable TV, and other wireless or cable devices.

6%

No.

Taxable Items

Tax Rate

Modern Services -- Business support services

52

Corporate Management Service

Business activities including headquarter management, investment and asset management, market management, property management, and daily comprehensive management services.

6%

53

Brokerage Agency Service

All kinds of brokerage, agency and intermediary services. Including financial agents, intellectual property agents, freight agents, customs agents, legal agents, real estate agents, employment agents, marriage agents, bookkeeping agents, auction, etc.

6%

54

Human Resource Service

Business activities for providing services such as public employment, labor dispatch, talent recruitment, and labor outsourcing.

6%

55

Security Protection Service

Business activities for the protection of personal safety and property safety and the maintenance of public security. Including security, special security, security system monitoring and other security services.

6%

Other Modern Services

56

Other Modern Service

Modern services other than research & development and technical services, information technology services, cultural and creative services, logistics auxiliary services, leasing services, authentication and consulting services, radio, film and television services, and business support services.

6%

Life Services -- Culture and Fitness Services

57

Cultural Service

Variety of services provided to meet the needs of the public cultural life. Including literary and artistic creation, artistic performances, cultural competitions, lending of library books and materials, archives management, protection of cultural relics and intangible heritage, organization of religious activities, scientific and technological activities, cultural activities, and tourist sites provided.

6%

58

Fitness Service

Services provided to organize and hold sports competitions, performances, and activities, and to provide sports training, guidance, and management.

6%

61

Tourism Service

Business activities for organizing and arranging transportation, sightseeing, accommodation, catering, shopping, entertainment, business, and other services according to the requirements of tourists.

6%

62

Entertainment Service

Business activities of providing both a place and a service for entertainment activities. Specific including karaoke hall, dance hall, club, bar, billiards, golf, bowling, games (including shooting, hunting, horse racing, game player, bungee, kart, hot air balloon, paramotor, archery, darts).

6%

63

Food and Beverage service

Business activity that provides the food and beverage services and places to consumers.

6%

64

Accommodation Service

Providing accommodation and supporting services and other activities. Accommodation services provided by hotels, lodges, guesthouse, resorts and other operating accommodation establishments.

6%

Life Services -- Residents’ Daily Services

65

Residents’ Daily Service

The services mainly provided to meet the daily needs of residents and their families, including management of city appearance and municipal administration, housekeeping, wedding celebration, pension, funeral, care and nursing, rescue and relief, beauty salon, massage, sauna, oxygen bar, foot therapy, bath, dyeing, photography and other services.

6%

Life Services -- Other Life Services

66

Other Life Service

Life services other than cultural and fitness services, education and medical services, tourism and entertainment services, food, beverage and accommodation services and residents’ daily services.

6%

Sales of Intangible Assets

67

Patented or Non-patented technology

Business activities of transferring the ownership or right to use patented or non-patented technology.

6%

68

Trademark and Copyright

Business activities of transferring the ownership or right to use trademarks and copyrights.

6%

69

Land Usage Rights

Business activities of transferring the right to use land.

9%

70

Other Natural Resources Usage Rights

Business activities of transferring the right to the use of natural resources other than the right to use land, including the right to use sea areas, the right of exploration, the right of mining, the right to draw water and the right to use other natural resources.

6%

71

Other Equity Intangible Assets

Business activities of transferring the ownership or right to use other equity intangible assets other than those mentioned above. Including infrastructure assets operation right, public utilities franchising right, quota, management right (including franchise right, chain operation right, other management right), dealership, distribution right, agent right, membership right, seat right, online game virtual props, domain name, name right, portraiture right, naming right, transfer fee, etc.

6%

72

Sales of Intangible Assets

Business activities of transferring the ownership of immovable property. "Immovable property" means property which cannot be moved, or which will cause a change in nature or shape when moved. Buildings, including residential buildings, commercial buildings, office buildings and other buildings that can be used for living, working or other activities. The transfer of the limited property right or the permanent right to the use of a building, the transfer of the ownership of a building under construction, and the transfer of building with the right to the use of the land occupied by the building, VAT shall be paid in accordance with the sale of the real estate.

9%

73

Sales of Real Estate Structure

Business activity of transferring the ownership of immovable property. " Immovable property" means property which cannot be moved, or which will cause a change in nature or shape when moved. Structures, including roads, bridges, tunnels, dams, etc. The transfer of the ownership of the structures under construction with the right to the use of the land occupied shall be subject to VAT in accordance with the sale of real estate.

9%

No.

Taxable Items

Deduction Rate

77

For the VAT general taxpayer to purchase agricultural products, the original 10% deduction rate is adjusted to 9%.

9%

78

For VAT general taxpayers to purchase agricultural products used for production or entrusted processing of 13% tax rate goods, the deduction rate for input tax amount calculation shall be 10%.

10%

No.

Applicable Scope

Taxable Items

Leviable Rate

79

Small-scale Taxpayers

Sales of goods or processing repairs and replacement services, sales of taxable services and intangible assets.

3%

80

General Taxpayers

Specific taxable behaviors of applying or choose a simplified calculation method in accordance with regulations.

3%

Human resource outsourcing service.

5%

81

All Taxpayers

Sales of real estate;

The real estate operating leasing which meets the criteria (land use rights);

Transfer the land use right which is acquired before replacing business tax with VAT;

Previous items for real estate development enterprises sell and lease self-developed real estate products;

Qualified real estate financing lease;

Selection of differential taxation for labor dispatch and security protection services.

5%

Sales of second-hand goods;

Sales of fixed assets used by themselves (excluding individuals).

3% reduced at 2%

82

Individuals

House rental.

5% reduced at 1.5%