Sinochem International has been selected as an A Class tax credit company

Sinochem International was selected as an A-Class tax credit company by Shanghai Taxation Bureau a few days ago. In accordance with the regulations, an A-Class tax credit company will be entitled to have a new relationship with the taxation authority to get rather satisfactory returns and convenient services; the authority will be agree to allow the A-Class tax credit company to enjoy as many preferential measures and services as possible.

Shanghai takes the lead in implementing the tax credit rating classification system in China and the tax credit of tens of millions of taxpayers in the city is rated into A, B or C class according to the regulations.