Shenzhen company tax declaration is also referred to as Shenzhen company tax filing or Shenzhen company tax return. Once your Shenzhen company is officially registered, it's required to maintain proper accounting records in accordance with accounting standards in Shenzhen China and to report taxes on both monthly (for business tax, individual income tax) and quarterly (corporate income tax) basis. Late submissions will face penalties and surcharges.
Tax return is a record of your taxable income, calculated over the financial year, and the tax payable on that amount. According to the Chinese law, the taxpayer must file its tax return within the prescribed time, no matter whether it has business turnover.
Documents Required for Tax Filing
a. Copies of the company formation certificate /license.
b. Company transfer information (if any).
c. Copies of the company transfer information (if any).
d. Copy of capital verification report (if any).
e. Shenzhen Local Taxation Bureau & Municipal State Administration of Taxation tax return password. (This document is not required if the new company was set up in Tannet).
f. Shenzhen Local Taxation Bureau tax return CD or system (This document is not required if the new company was set up in Tannet).
_副本_副本.jpg "Shenzhen Company Tax Declaration")
Purpose of annual filing in Shenzhen
When companies are not publicly traded, the primary purpose of the annual report is to create a record of accountability for tax and other compliance issues, and to serve the public with notice of who the responsible points of contact are in the company. Where companies are potentially for sale, or where shares are publicly traded, the purpose of the annual report is to provide investors and potential investors with a complete and full disclosure of all material facts and circumstances, so that potential buyers and sellers can make an informed decision.
How to file an annual report in Shenzhen
At a minimum, corporations must file an annual report with the secretary of state or office of corporate services. There is typically a small fee. Check with your state government for specific filing information and instructions. To file an annual report or 10K report with the Securities and Exchange Commission.
Tannet's Services
Tannet is an excellent corporation outsourcing service provider, we are equipped with a group of experienced consultants and numerous clients over 18 years. We provide taxation consultancy to local and overseas clients, individuals and corporate, including tax planning, tax return filing, objections and appeals. And our associates from both home and abroad are specialized in handling tax investigation and field audit cases.
Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.
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