Greater Bay Area

Guangzhou takes the lead in implementing the policy of "tax refund upon departure" for cross-border e-commerce export overseas warehouses

2025-02-07   

On the afternoon of February 5th, Guangdong Yinghao Craft Products Co., Ltd. successfully completed the pre tax refund application for exported overseas warehouse goods under the face-to-face guidance of the Haizhu District Taxation Bureau of the State Administration of Taxation in Guangzhou, and successfully processed a tax refund amount of RMB 713.3. This marks that Guangzhou has taken the lead in implementing the "Announcement of the State Administration of Taxation on Supporting the Development of Overseas Warehouses for Cross border E-commerce Export Tax Refund (Exemption)" policy for exported overseas warehouses (Announcement No. 3 of the State Administration of Taxation in 2025), which is a key step in the facilitation reform of cross-border e-commerce export tax refund in Guangzhou. In order to thoroughly implement the decisions and deployments of the Party Central Committee and the State Council, and support the development of new formats and models of cross-border e-commerce export overseas warehouses, the State Administration of Taxation recently issued the "Announcement on Supporting the Development of Export Tax Refunds (Exemptions) for Cross border E-commerce Export Overseas Warehouses" (State Administration of Taxation Announcement No. 3 of 2025). For taxpayers who export goods through cross-border e-commerce export overseas warehouses, they can declare and handle export tax refunds (exemptions) in advance based on the "tax refund upon departure, sales and accounting" declaration method, without waiting for the actual sales of overseas warehouses. They can first apply for export tax refunds (exemptions) based on the export goods declaration form and other material information, and then calculate the tax according to the sales situation of the goods, effectively alleviating the pressure on enterprise capital turnover. This measure compresses the current average tax refund cycle of 45 working days to pre refund after the goods leave the country. Taking the first transaction as an example, a company can pre declare and process tax refunds for more than 10000 yuan worth of goods exported to overseas warehouses in the Americas within 24 hours after customs clearance and departure, which is nearly 30 working days faster than the traditional model. In order to implement the new policies of the State Administration of Taxation, the tax and commerce departments at the city and district levels in Guangzhou have strengthened their linkage and cooperation, provided face-to-face guidance to enterprises, carried out policy interpretation, guided system input, and quickly processed tax refunds, ensuring that enterprises feel the policy benefits as quickly as possible. Ms. Li, the financial director of Guangdong Yinghao Craft Products Co., Ltd., said, "The tax refund upon departure allows funds to flow back faster, and it is expected to activate nearly 100 million yuan of funds for us throughout the year, helping us seize opportunities in overseas markets and providing important support for stabilizing foreign trade and promoting innovation." In recent years, the Guangzhou Municipal Bureau of Commerce has actively implemented the national deployment requirements for the development of cross-border e-commerce, continuously strengthened the cultivation of market entities, optimized regulatory models, explored innovative development models, and focused on stimulating the overall vitality of the industry, promoting the high-quality development of cross-border e-commerce in the city. According to the "Single Window" display in Guangzhou, the city's cross-border e-commerce import and export volume will exceed 170 billion yuan in 2024, accounting for over 15% of the city's foreign trade. In 2024, Guangzhou's cross-border e-commerce direct mail exports will exceed 140 billion yuan, ranking first in the country. The person in charge of the Guangzhou Municipal Bureau of Commerce stated that in the future, Guangzhou will conscientiously implement the decisions and deployments of the Party Central Committee and the State Council, give full play to the advantages of Guangzhou International Trade Center's endowment and location, further expand policy coverage, promote the deep connection between the "tax refund upon departure" of exported overseas warehouse goods and the China Europe freight trains, air logistics and other channels, create a business environment conducive to development, be a pioneer in the high-level construction of cross-border comprehensive pilot zones, and contribute Guangzhou's strength to the continuous promotion of innovative development of cross-border e-commerce. (New Society)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:nanfang+

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