On April 1, the preferential stamp duty policy for offshore trade was officially launched on a pilot basis in the Shanghai Pilot Free Trade Zone and Lingang New Area. This is the first tax preferential policy issued and implemented by China for offshore businesses.
Offshore trade can also be called offshore transfer trading, and stamp duty is the main tax involved in this business. Industry insiders said that exploring and implementing offshore trade tax support policies can not only effectively reduce the operating costs of enterprises, but also effectively promote the internationalization process of free trade zones.