sourcing to china
VAT Leak in China Manufacturing: Planning for Value Added Tax Rebate
In an earlier post on the Chinese Value Added Tax (VAT) system we raised the subject of a “VAT Leak” and talked about the need to pay close attention to the VAT rebate, especially when consolidating freight from multiple suppliers in China. Here is an excerpt: Why is it important to understand the VAT…
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Coronavirus & VAT in 2020: “In times like these…” Mark Twain answers
“In times like these, it is important to remember there have always been times like these”. – Mark Twain China Sourcing, Coronavirus & Value Added Tax (VAT) in 2020 In this blog post, we will answer the following questions: Why is it important to understand the VAT system in China if you source made-in-China products?…
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China’s Value Added Tax System: How to navigate VAT and negotiate a price when sourcing
China’s Value Added Tax (VAT): How to navigate the system and negotiate with suppliers like a pro Buying in China? Complexities of the Value Added Tax System China’s Value Added Tax (VAT) and VAT Rebate system is complex and very confusing. But if you are buying from China, understanding the basics of how the system…
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5 Essential Questions on Trademarks Protecting your Intellectual Property IP
Concise answers to 5 strategic questions about Trademarks Protecting your Intellectual Property. Additional links provided with info on Trademarks in China.
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Too good to be true, rings true, whether buying or selling in China
When I wrote blogs about protecting yourself while sourcing in China, I got a call from an overseas client who was trying to sell his wine to China. He told me he would fly to China to sign a contract with his buyer. The buyer approached the company selling in China and asked to…
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Are Bilingual Contracts Necessary?
Bilingual Chinese Lawyer Answers: “Are Bilingual Contracts Necessary?” After our presentation regarding the importance of bilingual contracts at the Hong Kong sourcing fair hosted by Global Sources, some clients wrote me asking more about bilingual contracts. A few clients wanted to know, “Do you really think Bilingual contracts are necessary?” I understand clients’ concerns. We’re…
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