Companies are buying in bits and pieces, do they have to pay stamp duty?
Both parties to the purchase contract must pay stamp duty. The contractor shall pay stamp duty at 0.3‰ of the transaction amount. Stamp duty is levied on units and individuals who have set up account books in People's Republic of China (PRC) and received the vouchers listed in the Provisional Regulations on Stamp Duty in People's Republic of China (PRC). They are all taxpayers of stamp duty and should pay stamp duty in accordance with the regulations.