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In order to enhance and improve the tax management of foreign shipping companies as well as the international shipping industry management, China State Administration of Taxation released & quot;on the strengthening of foreign company shipping income tax administration and international external payments of the maritime industry management notice & quot;( [2001] No. 139) on December 4, 2001, It’s effective on May 1, 2002.
The Notice provision, individuals or companies are responsible to pay the tax if they pay the freight cost to foreign shipping companies directly or indirectly, including foreign-owned shipping company, the national shipping agency, international freight forwarder companies, as well as other foreign individuals or companies who pay the international maritime freight cost. Withholding agent before each external payments freight, foreign payments total freight as taxable income the total amount of tax payable, the withholding tax in accordance with the provisions of the string directly from the taxpayer& acute;s total freight. And withholding agents shall be submitted to the local competent State Administration of Taxation (withholding foreign company shipping income tax report form) to submit to the Local Taxation Bureau (withholding foreign company shipping income tax report form).
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Freight forwarder China
Freight forwarder
Address: 2221room, HaiLong pavilion, Luohu district, Shenzhen,
Shenzhen, guangdong
China, 518000
Tel: +86 0755 82621616
Fax: +86 0755 82621616
