2021: Chinese General Taxpayer Can Apply For Small-scale Taxpayer!

Obsah

With the intention to encourage and support all sectors to resume production and operation, the Tax Bureau is now allowing Chinese General TaxPayers to be registered as Chinese Small Scale TaxPayers, vzhledem k tomu, že jsou způsobilí k podání žádosti.

What are the differences?

One of the decisions for investors when setting up a business in China is whether to classify the new entity as a Small-scale or General daňový poplatník.

Here are some quick facts of both categories

Small-scale Taxpayers are exempt from income tax given the business revenue is less than RMB 100,000. The corporate income tax rate applicable is 5%. 3% of value-added tax (VAT) applies to them in ALL business transactions. This VAT rate was just reduced to 1% for Small-scale Taxpayers for all sales that occurred between 1^Svatý Března do 31.^Svatý December 2020. (VAT is a similar concept to GST（goods and services tax）in certain countries.)
·6% VAT applies to the General Taxpayer, which could be claimed back from the tax bureau during the annual tax refund. For enterprises with a revenue figure between 1 million to 3 million RMB, the corporate tax rate applicable is 10%.
·Business owners have the freedom to stay in the category of Small-scale Taxpayers until the accumulated business revenue exceeding five million RMB.
Once business owners declared themselves as General Taxpayers, the option of being a Small-scale Taxpayer is no longer viable to them.

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Neexistuje žádná absolutní výhoda být. V závislosti na okolnostech a potřebě vlastníků firem může být jedna atraktivnější než druhá.

Kdo je způsobilý k podání žádosti?

Investors from certain sectors could only be registered as Obecné daňové poplatníky (např. hlídková stanice). Uchazeči ze všech ostatních průmyslových odvětví se mohou přihlásit za předpokladu, že jsou splněna všechna ostatní kritéria.
The accumulated revenue of applying enterprise shall not exceed 5 million RMB during the past consecutive 12 months.
The application deadline is 31^Svatý Prosinec 2020. Podnik však požádal o Obecný daňový poplatník in 2020 are not to be re-registered, small Scale Taxpayer.

How is the VAT invoice (Fapiao）being issued during the transition?

The VAT invoices should be issued on all taxable sales as Small-Scaled Taxpayers ode dne podání žádosti. Zdanitelný prodej nastal před datem podání; faktura s DPH bude vystavena jako Obecná daňstrayer.

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