What Kinds Of Taxes Are Required For The Registration Of A New Company In Wuxi

It is reported that the 2008 implementation of the People's Republic of China income tax law has consolidated the income tax of domestic and foreign enterprises by 25%, while eliminating the preferential policies for reducing or reducing the income tax of foreign-funded enterprises. At the end of 2010, tax and educational surcharge were imposed on foreign-funded enterprises. What taxes should be paid for the company registration as follows:

Business tax: the tax scope of the business tax is mainly about the provision of taxable labor, the transfer of intangible assets and the sale of real estate in our country, which involves the third industry in the national economy. The business tax rate varies from 3%-5% to final confirmation according to the different economic nature and business mode of the enterprise. For example, the business tax rate is 3%, such as transportation, construction, post and telecommunications, cultural and sports industries, and the business tax rate is 5% for industries such as finance, insurance, service, entertainment, tourism and sales.

Value added tax: Value added tax It is a kind of tax collected for the sale of goods or the supply of processing, repair and repair services and imported goods by units and individuals. The value-added tax is levied by the State Administration of taxation. tax revenue 75% of revenue is central revenue and 25% is local income. The value added tax of the import link is collected by the customs, and the tax revenue is all central revenue.

VAT taxpayers are divided into VAT general taxpayers and small scale taxpayers. The difference is: the general taxpayer refers to an enterprise with annual sales of 800 thousand, and the annual sales rate refers to 12 consecutive months. Generally, the registered capital of a general enterprise reaches 500 thousand, and it can apply for the general taxpayer qualification. If the general taxpayer is required to apply and pass the guidance and inspection period of the Inland Revenue Department, it can become a general taxpayer. The general taxpayer's tax rate is 17%. Deduction Purchase tax on goods; small taxpayers refer to annual sales below the required standard. The value-added tax rate of small businesses is 3%. Corporate income tax:

Corporate income tax: corporate income tax is a tax on corporate profits. The object of corporate income tax is the income obtained by taxpayers. They include the sale of goods, the provision of services, the transfer of property, dividend income, interest income, rental income, royalties, income from donations and other income. The new tax law was implemented in January 2008: the corporate income tax rate is 25%, and the small profit enterprise is implemented by 20%.

There are two ways of Levying Corporate Income Tax: authorized collection and audit collection.

Individual income tax:

Personal income tax is still levied on audit, dividends paid by shareholders are subject to 20% personal income tax. Individual income tax of individual proprietorship enterprises and partnership enterprises may be brought. In September 1, 2011, the exemption of personal tax was raised to 3500 yuan.

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