China Taxation
Contracts Free of Stamp Duty
- Loan extension contract
Loan extension contract refers to the borrower apply to the lender for defer of repayment before the agreed repayment date. If enterprises use loan extension contract or other vouchers for the application, which only contains repayment terms in accordance with the credit system provisions, the Stamp Duty is allowed to be exempted temporarily.
- Financing sale and leaseback contract
In financing sale and leaseback business, no Stamp Duty is levied on the contracts signed by the lessee and lessor for the sale and purchase of leasing assets.
- Authorized representation contract
In agency business, no Stamp Duty is levied on the authorized representation contract signed between the agency and the consignor, when which only defines the matters, power limits and the responsibilities.
- Inter-bank loan contract
Inter-bank lending refers to the short-term financing between banks and non-bank financial institutions based on the national cresdit system. The inter-bank lending contract does not belong to the enumerative taxable documents, on which no Stamp Duty is levied.
- Leasing operation contract
Leasing operation contract signed by the enterprises and the competent departments does not belong to the property lease contract, on which no Stamp Duty is levied.
- Publication contract
Publication contract does not belong to the enumerative taxable documents, on which no Stamp Duty is levied.
- Consulting contract
Technical consulting contract refers to technical contract concluded for analysis, demonstration, evaluation, forecast and investigation of a project, which required to pay Stamp Duty as the taxable document“technology contract?
(1) Soft science research projects related to science and technology developed in harmony with economy and society;
(2) Technical projects that promote scientific and technological progeress and management modernization as well as improve economic and social benefits;
(3) Other professional projects.
General legal, regulatory, accounting, audit consultation does not belong to technical consulting, no Stamp Duty is levied on the relevant contracts.
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