Hainan company tax declaration refers to Hainan company tax return filing. After your company is formally incorporated in Hainan, you are required to maintain proper accounting records in accordance with China’s accounting standards and to report taxes on monthly (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.
Tax Types for Foreign-invested Enterprise
In China, taxes applied for foreign-invested enterprises and overseas individuals (including Hong Kong, Macao and Taiwanese compatriots) include: corporate income tax, personal income tax, operation linkage taxes (including value-added tax, consumption tax and business tax), tariff, land value-added tax, resource tax, urban real estate tax, etc.
Tannet’s accountants have a deep understanding of the complexities of the financial system in China and keep your company’s accounting practices in compliance with rapidly evolving accounting systems, letting you concentrate on your company’s business strategies.We have provided taxation consultancy to local and overseas clients, individuals and corporate, including tax planning, tax return filing, objections and appeals.
Tax Filing for Foreign-invested Enterprise
China adopts a low-tax policy for foreign-invested enterprise, and a preferential tax policy for the areas or those projects listed in the state-encouraged industrial catalogue for foreign investment. The date of tax return filling for foreign-invested enterprise is 1st April to 30th May.
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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