Stamp Duty

All corporations and persons who execute or receive, within the territory of the People’s Republic of China, documents in the categories specified as follows shall be taxpayers subject to stamp tax:

Contracts with regard to purchases and sales, the undertaking of processing, contracting for construction projects, property leasing, commodity transport, warehousing, loans, property insurance, technology
Documents for transfer of property rights

Business account books

Certificates of title for building, business license, certificates for registration of trade-marks, certificates of patents and land use certificates
Other documents that are taxable as determined by the Ministry of Finance.

Tax Base and Tax Rate

Tax payable is assessed at the proportional tax rate and the quota tax rate, subject to the contract value and nature of the taxable documents.

Stamp Tax Schedule of Tax Items and Tax Rates
Tax Item	Scope	Tax Rate
Purchases and sales contracts	Including contracts for purchases and sales	Stamping as 0.03% of the value of the purchase or sale
Undertaking of processing contracts	Including contracts for processing, repair, printing, advertising, testing and so on	Stamping as 0.05% of the income from processing or contracting
Survey and design contracts for engineering and construction projects	Including contracts for survey and design	Stamping as 0.05% of receipts
Construction and Installation project contracts	Including contracts for contraction and installation undertaking	Stamping as 0.03% of the contracted amount
Property leasing contracts	Including contracts for leasing of houses, motor vehicles, machinery, equipment and so on	Stamping as 0.1% of the lease amounts
Goods transportation contracts	Including contracts for sea, land and air transportations	Stamping as 0.05% of the transportation fees
Warehousing and Safekeeping contracts	Including contracts for warehousing and safekeeping	Stamping as 0.01% of the ware housing and safekeeping fee
Contracts for loan	Including contracts for loan entered by banks and other financial institutions and borrowers	Stamping as 0.005% of the loan amount
Property insurance contracts	Including insurance contracts for property, liability, guarantee, credit and so on	Stamping as 0.1% of the amount insured
Technology contracts	Including contracts for technology development and transfer, consulting, service, and so on	Stamping as 0.03% of the indicated amount
Property transfer documents	Including transfer documents for property ownership and copyrights, trademark rights, copyrights, trademark rights, patents, the right to the use of proprietary technology and so on	Stamping as 0.05% of the amount indicated
Business accounting documents	Account books used for production and business operations	Account books for recording funds: 0.05% of the total amount of the original value of fixed assets and self owned working capital; other account books: RMB 5 for each
Certificates and Licenses	Including certificates of title for building, business licenses, certificates for registration of trade -marks, certificates of patents, and land use certificates	RMB 5 per document for receiver(s) of the document(s)

Contracts with regard to purchases and sales, the undertaking of processing, contracting for construction projects, property leasing, commodity transport, warehousing, loans, property insurance, technology
Documents for transfer of property rights

Business account books

Certificates of title for building, business license, certificates for registration of trade-marks, certificates of patents and land use certificates
Other documents that are taxable as determined by the Ministry of Finance

Tax Base and Tax Rate

Tax payable is assessed at the proportional tax rate and the quota tax rate, subject to the contract value and nature of the taxable documents.

Stamp Tax Schedule of Tax Items and Tax Rates
Tax Item	Scope	Tax Rate
Purchases and sales contracts	Including contracts for purchases and sales	Stamping as 0.03% of the value of the purchase or sale
Undertaking of processing contracts	Including contracts for processing, repair, printing, advertising, testing and so on	Stamping as 0.05% of the income from processing or contracting
Survey and design contracts for engineering and construction projects	Including contracts for survey and design	Stamping as 0.05% of receipts
Construction and Installation project contracts	Including contracts for contraction and installation undertaking	Stamping as 0.03% of the contracted amount
Property leasing contracts	Including contracts for leasing of houses, motor vehicles, machinery, equipment and so on	Stamping as 0.1% of the lease amounts
Goods transportation contracts	Including contracts for sea, land and air transportations	Stamping as 0.05% of the transportation fees
Warehousing and Safekeeping contracts	Including contracts for warehousing and safekeeping	Stamping as 0.01% of the ware housing and safekeeping fee
Contracts for loan	Including contracts for loan entered by banks and other financial institutions and borrowers	Stamping as 0.005% of the loan amount
Property insurance contracts	Including insurance contracts for property, liability, guarantee, credit and so on	Stamping as 0.1% of the amount insured
Technology contracts	Including contracts for technology development and transfer, consulting, service, and so on	Stamping as 0.03% of the indicated amount
Property transfer documents	Including transfer documents for property ownership and copyrights, trademark rights, copyrights, trademark rights, patents, the right to the use of proprietary technology and so on	Stamping as 0.05% of the amount indicated
Business accounting documents	Account books used for production and business operations	Account books for recording funds: 0.05% of the total amount of the original value of fixed assets and self owned working capital; other account books: RMB 5 for each
Certificates and Licenses	Including certificates of title for building, business licenses, certificates for registration of trade -marks, certificates of patents, and land use certificates	RMB 5 per document for receiver(s) of the document(s)

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