When importing goods into China, there are various taxes that apply to the Chinese party importing the goods. According to regulations governing import and export and other relevant tax regulations, these taxes will be borne and paid directly by the importer in China. This means that non-resident companies exporting the goods are not liable for these taxes. These taxes which apply to the Chinese party are the Value-added Tax (applies to the sale of most goods, provision of processing, repairs and replacement services, and import of goods into China), Stamp Duty (applies to documents written and received in the economic activities), Consumption Tax (applies mostly to the manufacturing, processing, and import of certain goods) and Customs Duty. Non-resident enterprises sourcing goods from China also do not need to be concerned with paying taxes in China.