Shanghai Taxation Service
Hotline: 86-755-82143348 Email: anitayao@citilinkia.com
Shanghai Small-Scale Taxpayer is a person or organization (such as a company) in Shanghai subject to a tax on income. Taxpayers have an Identification Number, a reference number issued by a government to its citizens.
Shanghai Small-Scale Taxpayer - Identification Standard of Small-Scale Taxpayer
Small-scale sales of the taxpayer is below the required standard, and accounting is not pefect, can not Anguidingbao VAT tax information sent to the taxpayer. Alleged incomplete accounting is not correctly accunt for VAT output VAT, input tax amount and tax liability.
Accountin to “Provisional Regulations on Value Added Tax Rules for the Implementation” requirement, small-scale taxpayer identification criteria are:(1) engaged in the production of goods or providing taxable services to taxpayers, as well as engaged in the production of goods or providing taxable services-based, and part-Camp wholesale or retail goods, taxpayers with annual taxable sales of 100 yuan ; (2) engaged in te wholesale or retail goods, taxpayer with annual taxable sales of 180 yuan; (3) years should be tax sales of more than a standard samll-scale taxpayers, individuals, non-entrepreneurial units, non-taxable frequent acts of business, as if small-scale taxpayers pay taxes.
Of small-scale taxpayer identification, tax laws by the competent tax authorities in accordance with the criteria set out determind. In addition, the Ministry of Finance and State Administration of Taxation provides: From July 1, 1998 onward, where the annual taxable sales of 180 million or less in small-scale commercial enterprises, entrepreneurial units, as well as engaging in the wholesale or retail goods, consisting mainly of, and currently the production of goods or providing taxable labor service enterprises, entrepreneurial units, regardless of the soundness of the financial accounts are not allowed to recognized sa a value-added tax general taxpyer.
Shanghai Small-Scale Taxpayer - Definition of Tax
Tax is financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay, or evasion of or resistance to collection, is punishable by law. Taxes are also imposed by many administrative divisions. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent.
Shanghai Small-Scale Taxpayer - Shanghai Taxation Category
In the current tax system, Shanghai's taxation includes taxation on turnover (including value added tax, consumption tax, business tax and customs duty), taxation on profits/income (including corporate income tax for enterprises with foreign investment and foreign enterprises, and individual income tax), taxation on property and deeds (including real estate tax, contract tax and stamp duty), and taxation on natural resources (including resources tax), which are respectively in relation to different objects of taxation. Moreover, Shanghai's taxation can be categorized into central taxation, local taxation, as well as local and central sharing taxation, in terms of revenue attribution and collection jurisdiction, according to which, the tax preferences and tax rates enjoyed by different corporations are always different.
Major Taxation in Mainland Shanghai, are as follows:
•Corporate Income Tax
•Value Added Tax
•Business Tax
•Consumption Tax
•Real Estate Tax
•Land Value Added Tax
•Stamp Duty
•Customs Duty
•Individual Income Tax
•Tax Planning for Levying Value-added Tax in Lieu of Business Tax
Shanghai Small-Scale Taxpayer - Shanghai Company Tax Advisory
Tax always comes into play in almost every facet of the business. To avoid surprise losses related to tax, tax advice needs to be sought before you enter into business transactions. Hence, tax planning is best developed in advance. However, certain transactions may have been undertaken without proper tax planning or even without any tax planning at all. In those situations, company will need to identify tax risks and find ways to mitigate them. Shanghai company advisory services aim to satisfy this kind of needs.
Shanghai Small-Scale Taxpayer - Shanghai Company Tax Advisory Services Include:
•Application and Advisory for Tax Preferences
•Tax Declaration
•Individual Income Tax Declaration for Foreign Nationals
•Tax Planning of Fixed Assets
•Long-Term Tax Advisory
•Customs Duty and Goods Tax Advisory
•Domestic Investment Structure Assessment
•Transfer Pricing Service
•Provision of the Latest Shanghai Taxation Ordinances, Amendment of Rules and Regulations, as well as Practice Bylaw Materials.
•Diagnosis of Shanghai Taxation
•Tax Planning for Levying Value-added Tax in Lieu of Business tax
With a strong emphasis on integrity and code of conduct, Shanghai ATA believe that our organizational culture has a significant impact on tax service quality. Our clients mainly include small and medium-sized companies, as well as a significant number of subsidies of listed companies. This track record serves as testimony to our quality assurance services, which ensure that our clients' financial statements meet regulatory and business requirements.
Contact Us
If you have further queries, don’t hesitate to contact ATAHK anytime, anywhere by simply visiting ATAHK’s website www.3737580.net , or calling Hong Kong hotline at 852-27826888 or Shanghai hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com