Hunan Pioneers "Instant Tax Refund" Policy - Over 30 Brands Launch Pilot at Changsha IFS

New York, New York--(Newsfile Corp. - April 23, 2025) - Effective immediately, Hunan Province has officially launched its first-ever pilot program for an "Instant Tax Refund" service at Changsha IFS, offering eligible overseas visitors (including foreign tourists and residents from Hong Kong, Macao and Taiwan of China) a seamless tax refund experience when shopping at designated stores. This initiative represents a significant upgrade to the traditional departure tax refund policy, providing travelers with a faster, more convenient, and diversified tax refund option. Unlike the conventional procedures, the "Instant Tax Refund" allows tourists to receive their refunds directly at the shopping mall, enhancing the seamless experience of cross-border consumption.

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Instant Tax Refund - 9% Tax Rebate Paid On-Site

As the first batch of pilot shopping malls in Hunan, Changsha IFS has set up a temporary "Instant Tax Refund Service Center" at the L2 VIP Lounge. Eligible overseas visitors can present their passports (for foreign tourists) or valid personal identification (for residents from Hong Kong, Macao and Taiwan of China), along with VAT invoices, the "Tax Refund Application Form" and credit card with pre-authorization privileges to complete the refund process. The tax refund, equivalent to 9% of the purchase amount, is paid immediately in CNY cash. After receiving the refund, tourists can continue shopping, stimulating a deeper cycle of cross-border consumption.

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Diverse Brand Mix Catering to All Consumer Needs

The first batch of instant tax refund stores at Changsha IFS features diverse retail formats, including Luxury, A-luxury, Jewelry and Watches, Cosmetics, Sports, and Lifestyle. With over 30 brands such as alexanderwang、BURBERRY、BVLGARI、Cartier、COACH、DIOR、Fila、O.C.E.、PARKSON BEAUTY、ROLEX&TUDOR and UNDER ARMOUR, it fully meets the varied consumer needs of overseas tourists.

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Changsha IFS: A Landmark Driving Changsha's International Consumer Center Ambition

As a premier commercial landmark in Central China, Changsha IFS embodies an international and diversified retail experience that fuels urban development. With over 380 brands across Luxury, Jewelry and Watches, and Trendy Fashion, it serves as a key showcase of Changsha's global commercial profile. Featuring 150 debut stores in Hunan and over 20 double-layer flagship stores offering international men's and women's apparel, it injects fresh vitality into the city's consumption landscape.

In line with the national strategy to accelerate new development models and upgrade consumption, Changsha is actively embracing innovation to integrate into the framework of building international consumption center cities. The launch of the "Instant Tax Refund" pilot at Changsha IFS not only enhances the shopping convenience and friendliness for overseas tourists but also marks a milestone in positioning Changsha as a world-class international consumption hub.

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Fay Tang
[e-mail]
http://www.csifs.cn/

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