Alibaba Subsidiary Teams Up With JC Finance on Entry-Exit Trade Tax Service for SMEs
Tang Shihua
DATE:  Oct 09 2017
/ SOURCE:  Yicai
Alibaba Subsidiary Teams Up With JC Finance on Entry-Exit Trade Tax Service for SMEs Alibaba Subsidiary Teams Up With JC Finance on Entry-Exit Trade Tax Service for SMEs

(Yicai Global) Oct. 9 -- Chinese fintech firm JC Finance & Tax Interconnect Holdings Ltd. [SHE:002530] today signed a one-year cooperation agreement with Shenzhen One Touch Business Service Ltd., a subsidiary of Alibaba Group Holding Ltd. [NYSE:BABA].

The platform will offer services including affirmation of tax refunds and exemption, entrusted agency records, electronic declaration for export rebates and agent accounting for small-scale taxpayers.

One Touch provides integrated services, such as goods export declaration, foreign exchange collection, tax rebates, logistics and trade financing for corporate customers on Alibaba's export e-commerce platform.

The two companies will look to synergize their capabilities in Big Data, data analysis, processing and application, as well as their offline service resources.

The establishment of an intelligent finance and tax ecosystem will be significant for the integration of online and offline business models, JC Finance said in a statement.

Follow Yicai Global on
Keywords:   One Touch,Alibaba,E-COMMERCE,Tax Services,Big Data,Business Partnership,JC Finance & Tax Interconnect Holdings