Key Insights into Chinaโ€™s VAT, Forex, and E-Invoice Compliance

On January 1, 2026, the Value-Added Tax Law of the People's Republic of China will officially take effect. In preparation for the implementation of the new law, the Ministry of Finance and the State Taxation Administration have recently issued a series of supporting policy documents, further clarifying key rules such as the scope of taxation, tax base calculation, input tax deduction, and preferential policies. To help enterprises promptly understand the new system and assess its impact on business operations and tax compliance, we will hold a special seminar. This seminar will systematically interpret the major changes between the Value-Added Tax Law and its supporting policies compared to the current rules. It will also analyze key risks and response strategies that enterprises need to focus on, using practical case studies. We will focus on the following VAT topics:


โ€ข Scope of Taxation and Time of Tax Liability

โ€ข Determination of Tax Base and Tax Rates

โ€ข Input Tax Deduction and Compliance Requirements

โ€ข Tax Preferential Policies


To support the stable development of foreign-invested enterprises, we will also discuss common compliance challenges and practical countermeasures under the updated regime. In addition, the session will cover important considerations relating to non-trade foreign exchange transactions, sharing practical insights and experience to help enterprises better manage related risks.


Event Details:

  • Event format: Hybrid
  • Time & Date: 2:30 PM to 4:00PM , March 19
  • Language: Chinese
  • Contact: Ada Yang, ayang@amchamchina,org


Notes:

  • Registration is required. Registration closes at 5:00 PM Beijing Time, March 18.
  • Tickets are non-refundable after March 18.

Speakers

  • Jessia Sun (Co-Chair of Tax Committee at AmCham China at EY)

    Jessia Sun

    Co-Chair of Tax Committee at AmCham China at EY

    Jessia is a China tax partner of Ernst & Young Beijing office. Jessia joined Ernst & Young tax practice in May 2005. Jessia’s tax experience includes PRC tax compliance, tax planning, corporate restructuring, foreign exchange consultation, and in-depth review of business distribution arrangement, feasibility studies, and profit repatriation. Jessia was seconded to the firm New York office for China tax desk during the period from January 2013 to July 2014. She has provided Chinese tax advice to numerous US and non-US clients seeking to invest into China or to re-structure their existing Chinese operations. Jessia’s clients are from industries of TMT, education, private equity, real estimate, etc. In recent years, Jessia has also provided Chinese enterprises with tax strategies and outbound planning associated with their outbound investments. Prior to joining Ernst & Young (China), Jessia had worked for a CPA firm for over 7 years providing audit services. She also had 3 years working experience in industry taking a finance and tax management role. Her experience in both commercial and professional environments has greatly helped her to take both the technical and practical aspects into consideration when rendering solutions to clients.

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  • Julia Zhen (Partner of Accounting & Outsourcing Solutions at Forvis Mazars Beijing)

    Julia Zhen

    Partner of Accounting & Outsourcing Solutions at Forvis Mazars Beijing

    Julia joined Forvis Mazars in 2003. She heads the Accounting & Outsourcing Solutions practice in Beijing, leading a team of 35 professionals. She has a proven track record of successfully advising investors with their Chinese operations. With over 20 years experience, she has acquired deep knowledge in accounting (PRC GAAP and IFRS), tax and business regulations, as well as business operations. She has supported multinationals with their implementation in China, from drafting feasibility studies and business plan, to incorporation and setting up back-office functions. The major clients Julia has served includes: Agoda, Airbnb, Engie, Leroy Merlin, Orange, Soluxe, etc.

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  • Joey Zhou (Partner of Tax Advisory Services at Forvis Mazars)

    Joey Zhou

    Partner of Tax Advisory Services at Forvis Mazars

    Joey joined Forvis Mazars in 2002 and has over 20 years tax advisory and audit experience.

    Joey has in-deep knowledge in IFRS and Chinese accounting standards for both Chinese and International practices. Her understanding of Chinese tax and regulatory environment enables her to provide valuable insight during her assignments.

    Her team of tax expert provides tax compliance, tax provision review, due diligence, post deal structuring, fund repatriation, M&A activities, business transaction models and tax audit defense.

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Tickets

AmCham China-Member
Standard Price RMB 150
AmCham China-Non-Member
Standard Price RMB 450

Venue

AmCham China Washington Room

3F, East Gate 1, Pacific Century Place, 2A Workers' Stadium North Road
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Beijing, Chaoyang District, China

If you have any questions please contact Ada Yang

Contact Organizer

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