Does the property management company have to pay VAT? If yes, which ones need to be handed in? Please help, thank you!

Property companies belong to the service industry, and their main income comes from property management fees charged by owners. The full name of management fee is property management service fee. Since it is a service charge, you only need to issue an ordinary invoice for the service industry. In accordance with state regulations, sales or imports of goods, provision of repair and replacement services, and production and processing shall be subject to value-added tax. This is a turnover tax. It is normal for your company to collect management fees according to the contract. There is no value-added process and it will not be recycled. Therefore, conceptually, it should be unnecessary.

Of course, if your company develops other projects involving other sectors, it is another matter, such as

Develop green and safe services for industrial enterprises. If there is a production and processing process, it is necessary to pay VAT.

Another example: real estate business projects need to pay for investment promotion and leaseback projects.

I imagined it myself. Not necessarily right. Not from a financial background. I hope I didn't mislead you ! !