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How to Apply for the General Taxpayer Qualification in Shanghai

Update Date:2019-10-29 10:55:06     Source:www.3737580.com     Views:986

Shanghai Tax Service
Hotline: 86-21-58822399   Email:hkcfm-shanghai@163.com

 

General 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.


General 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.

 

General 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

 

General Taxpayer - VAT General Taxpayer
VAT general taxpayer, is the sales tax in candidates (including a full calendar year in taxable sales), more than the Ministry of Finance for small-scale taxpayers, the standard (industrial enterprises with annual taxable sales of 1 million yuan more commercial enterprises with annual taxable sales 180 million yuan) business and enterprise units. VAT general taxpayer is divided into three types: general VAT taxpayer, temporary VAT general taxpayer identification and counseling the general taxpayer. The general VAT taxpayer that is a formal general taxpayer; temporary VAT general taxpayer identification productive enterprise that is recognized by the general taxpayer temporarily, temporarily identified after the expiration of one year rigorous examination, eligible taxpayers in general to the official ; Guidance on the general taxpayer that the implementation of the new commercial enterprise counseling period taxpayer management, counseling expires 6 months after strict examination, to meet the requirements formally the general taxpayer.


Shanghai General 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.

General 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, ATAHK 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.

 

How to Apply for the General Taxpayer Qualification Contact Us
If you have further queries, please don’t hesitate to contact ATAHK anytime, anywhere by simply visiting ATAHK’s website www.3737580.net , or calling Shanghai hotline at 86-21-58822399,86-21-31397142, or emailing to hkcfm-shanghai@163.com, 2355725105@qq.com or adding our QQ:2355725119 ,skype:shtannet123

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