White Clarke Group successfully implements VAT upgrade for large German auto captive in China

The update went live on May 1, 2016 reflecting the latest VAT reform by the Chinese government.

Mike Deng, White Clarke Group’s senior relationship manager (pictured above) said: “Financial businesses such as our client are now subject to different VAT rules and different invoice requirements for its activities which increase the level of complexity from a tax compliance perspective. It was our mission to perform the system upgrade as quickly and smoothly as possible to make them VAT ready.

“This is another successful implementation for a strategically important client and we are proud of the hard work and professionalism that our staff invested to upgrade and prepare the client for the new reform.”