All corporations and persons who execute or receive, within the territory of the People's Republic of China, documents in the categories specified as follows shall be taxpayers subject to stamp tax:

• Contracts with regard to purchases and sales, the undertaking of processing, contracting for construction projects, property leasing, commodity transport, warehousing, loans, property insurance, technology
• Documents for transfer of property rights
• Business account books
• Certificates of title for building, business license, certificates for registration of trade-marks, certificates of patents and land use certificates
• Other documents that are taxable as determined by the Ministry of Finance

Tax Base and Tax Rate

Tax payable is assessed at the proportional tax rate and the quota tax rate, subject to the contract value and nature of the taxable documents.