We hereby inform you that CCNI has adhered to the new regulation implemented by the Popular Republic of China, which was published by the Ministry of Finance (MOF) and the State Administration of Taxation (SAT) on December 12th of 2013 (Memo Cai Shui [2013] 106), where was stipulated that as from January 1st of 2014, general invoices of sells (Fapiao) will be issued.

At the same time, we communicate the abolishment of the Memo Cai Shui [2013] 37 which refers to the Value-Added Tax (VAT) and relevant supplementary taxes.

This tax has been removed by CCNI agents as of January 1st of 2014, but as an exception, some Provincial Governments have not confirmed the application date yet.

In case you have any doubt, please contact your local CCNI representatives, whose contacts can be obtained in our website www.ccni.cl.  They will be pleased to assist you.

Best Regards,

CCNI





















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