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Paying Tax, a Big Issue to Take Care

HiTouch 24 November 2016



Tax is closely related with your company as a bad tax record will lead to many troubles, for example, the abnormal tax account.

 

What’s the consequence of an abnormal tax account?

a. Forbid to apply for the green card in China

b. Immigration might stop you when you want to leave China

c. Can’t open a new company nor transfer his share

d. Temporarily prohibited to apply for tax-return

e. Penalty from the department

 

How will lead to abnormal tax account?

Didn’t pay the tax regularly

- According to the laws, the tax payer should pay tax regularly, otherwise he will receive a notice from the tax department. If the tax payer ignores the notice, his company account will be listed as the abnormal tax account.

 

How to avoid becoming abnormal tax account?

 

a. Pay tax on time

b. Report to the tax department if the telephone number or address is changed

c. Apply for delay if the force majeure happens

 

How to remove the abnormal status?

 

Step 1: Provide a statement of the company's situation

Step 2: Pay the overdue tax and the penalty

Step 3: Fill the application form and submit it to the tax department

Step 4: Apply for the new certificates if they are cancelled