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VAT Applicable in Shanghai

December 27, 2011— The China State Tax Bureau has announced that VAT will be applicable to companies in Shanghai, effective January 1, 2012. Shanghai will be the initial pilot city for the VAT program, with potential national roll out for a VAT China-wide in the future.

 

About AIReS

AIReS, which was named to the 2011 Inc. 5000 list of fastest-growing independently owned businesses in the U.S., is in its 30th year of providing best-in-class relocation management services. With seven ISO registered U.S. offices and other strategically located employees located around the globe, AIReS is a recognized industry leader in delivering high quality relocation and assignment management services to leading corporations. The company boasts some of the industry’s highest annual customer-satisfaction scores and a client-retention rate of over 98%. For more information, please visit the AIReS website at www.aires.com.

 

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