How to pay stamp duty on recruitment contract

Because there are many departments to collect and keep the purchase and sale contracts, it brings a lot of inconvenience to the collection and management. Therefore, some provinces levy stamp duty by means of verification, with purchase contracts levied according to a certain proportion of purchase amount and sales contracts levied according to a certain proportion of sales. The specific proportion is determined by the provincial local tax bureaus according to the typical investigation. However, your competent local tax authorities will inform you of the specific proportion when approving the collection of stamp duty.

The amount recorded in the contract

Stamp duty payable = contract amount ×3/ 10000.

Stamp duty payable according to the approved collection method = sales and purchase amount × a certain proportion× 3/10000.