Where are the potential tax refunds?

Over the past few decades, Simon has been working with overseas clients in China, and we were surprised to find that many companies did not recover their tax refunds and left the money without making any claims.

If you don’t claim it, no one will come to return it to you! Normally, Chinese companies will pay the following taxes:

  • Corporate income tax
  • Value added tax (VAT)
  • Import and export taxes

These taxes accumulate over the years of your business, and depending on your industry location, category, and other factors, they may eventually become a huge number.

‘No refunds, no fees’ – Simon’s promise

Considering the complex application materials and time-consuming process, it may be challenging for you to apply for a tax refund on your own, which may take 3 to 6 months.

However, it would be perfect if Simon’s professional consultants could manage the entire process on your behalf when you meet the criteria and directly deliver the refund to you, wouldn’t it?

Simon’s professional experts can help you achieve tax refunds as you imagine. By meeting with you and reviewing your financial report, we will understand your unique needs and requirements based on your current situation and apply to refund you the maximum amount of tax refund.

In Simon’s tax refund package, you will receive:

  • Free consultation (face-to-face or online), discussing your situation in your preferred language
  • Detailed rebate plan and real-time progress updates
  • Your tax refund (if any) has been delivered to your bank account
  • Reasonable and fair pricing, without any hidden costs

Remember, applying for a tax refund is not always feasible.

  • It usually takes 3 to 6 months to apply for a tax refund
  • In general, Simon can only obtain tax refunds for the first three years for your company
  • The tax refund rate depends on the type of business of your company. The representative office pays a monthly fee of up to 11.7% as tax, making it the highest tax refund rate compared to wholly foreign-owned enterprises and joint ventures. Wholly foreign-owned enterprises can enjoy relatively lower tax refund rates

Where can Simon help with tax refunds?

At present, Simon can only provide tax refund services in the following areas:

  • Shenzhen
  • Hainan
  • Guangzhou
  • Beijing
  • Shanghai
  • Chongqing

We will continue to expand our service scope and expect to cover more cities, allowing you to enjoy tax refund services.

How much does it cost to get my kickback?

The fees charged by Simon usually depend on the amount of your tax refund. After successful tax refund, the refund amount will be charged based on your special circumstances. But don’t worry, this ratio will be quite reasonable!

Remember, you don’t need to pay any fees to Simon at the beginning. If you do not receive a tax refund, we will not charge any fees. If you try, you won’t lose anything!

Why choose Simon?

Rapid Processing

With experienced team members, we can handle your project faster than others.

Unsuccessful, no charge

Simon promises that we will only charge after your project is successfully completed.

Tailored services

We will provide the most suitable business plan based on your situation.

Traceable process

Simon has an online system for you to track any updates to the project.

Frequently Asked Questions

Do you have any further questions? don’t worry! We are happy to answer!

How do you determine if my company is eligible for a tax refund?

Whether you are eligible for a tax refund depends on whether you have overpaid taxes or meet certain criteria of specific tax refund policies. For example, if you are a value-added tax taxpayer, you can apply for a value-added tax refund for exported goods. In addition, if your company qualifies as a high-tech enterprise or meets other government incentive conditions, you may also qualify. You must ensure that your tax declaration is accurate and provide the required supporting documents to the tax authorities when applying.

What is the process for applying for a tax refund?

To apply for a tax refund, you need to first verify whether you are eligible, such as overpaying taxes or being eligible for preferential policies. Then, you should submit a tax refund application to the local tax authority, as well as supporting documents such as value-added tax invoices, financial statements, and tax declaration forms. The tax authorities will review your application and once approved, they will refund the overpaid taxes. To ensure the smooth progress of the process, you must submit complete and accurate materials in accordance with tax regulations.

How long does it usually take to process a tax refund?

The processing time for tax refunds is usually 30 to 60 days, depending on the complexity of the case. For simpler refunds, such as standard VAT refunds, the process is usually faster. However, for larger or more complex cases, the process may take longer as tax authorities may need to conduct additional reviews. It is recommended to regularly communicate with the tax authorities to track the progress of your refund and ensure that all necessary documents are ready.