Q&A on Tax Matters after the Tax Certificate Combined into the Business License
We listed the common questions for tax matters after the tax certificate was cancelled and combined into the business license. These answers are coming from the Market Supervision and Administrative Bureau (as the former “AIC”).
Q1: Does the company still need to apply for the tax certificate?
A1: The privately or individually-owned companies (个体工商户) still needs to apply for the tax certificate. Other companies no longer need to apply for the tax certificate.
Q2: When to make the tax ratification?
A2: Since 1st Oct 2015, when the tax payer starts to make the tax filing or issue the invoice (Fapiao), the company should make the tax ratification. After the tax ratification, the company should make monthly tax filing.
Q3: Is there any impact on the updated VAT system after the company renewing to the new united social credit code (统一社会信用代码)?
A3: Yes, the company should contact the local tax bureau for updating to the new united social credit code in the VAT system.
Q4: Is there any impact on the usage of Fapiao chop after the company renewing to the new united social credit code?
A4: Yes. After the code in the VAT system is updated, the company should also re-carve the Fapiao chop and update the code on the chop to the new one.
Q5: What documents are required when to apply for purchasing Fapiao?
A5: (1) the new version business license, (2) ID card of the applicant, and (3) the new version Fapiao chop;
Q6: Time requirement for the application for the tax matters?
A6: Within 15 days from obtaining the new version business license, the company should report to the tax bureau its accounting principles and policies. Within 15 days from the bank account is opened, the company should inform the tax bureau of the bank account information and may apply for the automatic tax deduction with such bank account.
Q7: what kinds of matter should be independently handled with the tax bureau?
A7: The company should report to the tax bureau independently for any information change on the “actual manufacturing and operational address”, “financial person-in-charge” and “accounting method”.
Q8: Is there any change on the tax deregistration matter after the company renewing to the new united social credit code?
A8: The extra form (in three originals) as “tax clearance application form” will be added into the application documents. The tax clearance at the state level and local level can be handled at the same time.
If you have any questions, please send the email to me.
Ms. Jojo Hu
TEL: 0086-21-68868335 ext 324 / FAX: 0086-21-68868021