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Announcement No. 4 of 2026 by the State Administration of Taxation, Zhejiang Provincial Tax Service: Starting from September 1, 2026, a pilot program for the 'VAT and Additional Taxes Return (Trial)' will be launched among certain VAT taxpayers in Zhejiang Province (excluding Ningbo). The new form includes a 'Business Information Form' with a customized interface; except for Supplementary Information (III), it no longer distinguishes between forms for general and small-scale taxpayers. Supplementary Information (I) adds three new sections: 'Details of Sales without Invoices', 'Details of Deduction Items', and 'Details of Simplified Tax Calculation'. Supplementary Information (II) adds 'Details of Current Period Additional Deduction'. This article explains the changes, how to fill out the forms, how to carry forward the balance for the first filing period, how to check if you are part of the pilot, and provides a comparison table of the old and new forms, along with five frequently asked questions and official source links.

On September 28, 2026, the State Administration of Taxation (SAT) released the 'National Tax Administrative Penalty Discretionary Benchmark (2026 Edition)', effective from November 1, 2026. This new benchmark standardizes regional discrepancies, requiring penalty decisions to specify the application of the 'Discretionary Benchmark' without using it as the sole basis for penalties. Violations listed in the 'Minor Offenses Not Punished List' will not be penalized, and cases with mitigating circumstances will be treated accordingly. Complex cases will be reviewed collectively. For violations occurring before November 1, 2026, and not yet penalized, the old rules generally apply, except where the new benchmark is more favorable to taxpayers. Jinfan Tax & Finance provides detailed calculations for late filing (less than CNY 2,000 / CNY 2,000 to 10,000), tax evasion (50% to 5 times the amount evaded plus a daily surcharge of 0.05%), and false invoicing (fines up to CNY 50,000 for amounts under CNY 10,000, and CNY 50,000 to 500,000 for amounts over CNY 10,000). The article includes comparison tables, calculation examples, a 3-step self-check list, 5 frequently asked questions, and official source links.

The Ministry of Finance and the State Taxation Administration have issued the 'Measures for the Withholding and Payment of Value-Added Tax (VAT) by Domestic Entities on Behalf of Individuals' (Announcement No. 28 of 2026 of the Ministry of Finance and the State Taxation Administration (财政部 税务总局公告2026年第28号)), along with a supporting announcement on declaration forms (Announcement No. 19 of 2026 of the State Taxation Administration (国家税务总局公告2026年第19号)). Both will take effect on November 1, 2026. These measures require domestic entities to withhold and pay VAT and additional taxes on behalf of individuals providing certain services. Jinfan Tax & Finance provides detailed guidance for Yiwu International Trade City, Huangyuan Market, and Beixiazhu business owners on how to comply, including calculation examples, a comparison table, and answers to frequently asked questions.

Business owners at Yiwu International Trade City, Huangyuan Market and Beixiazhu often face the same “orders without invoices” dilemma: stalls cannot issue special VAT invoices and the input-invoice chain breaks. Drawing on the Announcement of the State Taxation Administration on Issuing the Measures for the Administration of Tax Exemption for Goods Exported Under the Market Procurement Trade Method (for Trial Implementation) (国家税务总局公告2015年第89号, which exempts market operators from VAT on goods exported under the market procurement trade method, customs supervision code 1039), Caishui [2018] No. 103 (财税〔2018〕103号, the trial VAT and consumption tax exemption for retail exports from comprehensive pilot zones where no valid purchase vouchers have been obtained), Announcement No. 36 of 2019 of the State Taxation Administration (国家税务总局公告2019年第36号, deemed corporate income tax assessment for cross-border e-commerce retail exports in pilot zones at a uniform 4% deemed taxable profit rate), Announcement No. 16 of 2026 of the Ministry of Finance, the General Administration of Customs and the State Taxation Administration (财政部 海关总署 税务总局公告2026年第16号, exempting import duties and import-stage VAT and consumption tax on unsold or returned cross-border e-commerce export goods re-imported in original condition within 6 months between 1 January 2026 and 31 December 2027), and Guohan [2018] No. 93 (国函〔2018〕93号, designating Yiwu a cross-border e-commerce comprehensive pilot zone), this article sets out the three compliant routes: the 1039 exemption, the pilot-zone exemption without invoices, and the 4% deemed corporate income tax rate. It includes a comparison table of the three routes, worked examples, the key points of the new rules on returned goods, five frequently asked questions and links to official sources.

On August 22, 2025, the Ministry of Finance and the State Taxation Administration issued an announcement to improve the VAT carry-forward refund policy, effective from September 1, 2025. This policy provides for monthly full refunds of carry-forward VAT for four industries: manufacturing, scientific research and technical services, software and information technology services, and ecological protection and environmental governance. As of September 29, 2026, a total of CNY 281.8 billion in refunds have been processed nationwide, with the four key industries receiving CNY 212 billion, a 10.4% increase year-over-year. Jinfan (Yiwu) Finance & Tax Management Co., Ltd. explains how carry-forward VAT is generated, who qualifies for monthly full refunds, the five basic conditions for applying, the four-step application process, and three common risks, along with a comparison table, four frequently asked questions, and official source links.

On 4 September 2026, the Zhejiang Provincial Tax Service of the State Taxation Administration published “Guiding Business Entities in Final Consumer Markets onto the Path of Compliance” (中国税务报, reporter Yu Lijiao). Tax authorities in the Yangtze River Delta region released five typical tax compliance cases of pilot enterprises applying “invoicing on transaction” in high-frequency final-consumer scenarios: Hangzhou Yige Cosmetics (Florasis) has issued a cumulative 4.18 million invoices worth CNY 1 billion with invoice complaints down more than 15%; Ningbo Hefeng Creative Plaza has issued 52,000 parking invoices; Tongling Bo'ai Hospital has issued nearly 20,000 invoices worth CNY 49 million; and Jiangsu Tongzheng Pharmaceutical's 36 stores have cut manual invoicing by 80% and reduced uninvoiced revenue to 2%. Jinfan Tax & Finance explains for owners at Yiwu International Trade City, Huangyuan Market and Beixiazhu the three problems that “invoicing on transaction” solves — not issuing invoices, difficulty issuing invoices, and surplus invoices. It compares in three calculations the 1% VAT saved by not invoicing against the additional tax, late-payment charges of 0.05% per day and fines of 0.5 to 5 times the tax that follow an investigation, explains why “surplus invoices” touch the high-voltage line of fraudulent invoicing and Article 205 of the Criminal Law, and provides a four-step self-check list, five frequently asked questions and links to official sources.

Starting September 15, 2026, the 'State Council Regulations on Exit and Entry Administration' (State Council Order No. 841) and the 'Administrative Measures for the Filing of Institutions and Personnel Engaged in Exit and Entry Intermediary Services' (Announcement No. 6 of 2026 by the National Immigration Administration and the State Administration for Market Regulation) will be implemented. Intermediaries and personnel providing visa extension, residence permit, company registration, and related services for foreigners must register with the public security exit and entry administration. This article explains the filing requirements, how foreigners can verify the identity of intermediaries, the transition period timeline, common misconceptions, and provides official sources.

Starting September 2026, foreigners can complete online registration for accommodation outside hotels; the State Council's Provisions on Exit and Entry Administration (issued in July 2026) clarify that the reasons for exit and entry must be genuine and lawful. This article uses a table to explain the procedures for accommodation registration, residence permit application, renewal, and changes, as well as invitation verification and common reasons for rejection, and provides official channels.

The State Taxation Administration of Zhejiang Province has announced a new policy for immediate refund on departure tax rebates, which will be implemented in both Zhejiang and Shanghai. This will make it more convenient for foreign travelers to claim tax refunds when shopping in Yiwu.