Corporate Income Tax Final Settlements

Enterprise Income Tax Settlement

According to Enterprise Income Tax Law, its Implementation Regulations and other rules, during annual EIT settlement, the enterprise can freely choose to commission a qualified intermediate to issue a verification report; taxpayers with an annual sale(business) income of 30 million Yuan or more need to provide current income tax settlement verification report; taxpayers in losses of more than 10,000 Yuan and compensating losses in the current year need to provide the verification report about the loss amount issued by a qualified intermediate; at the same time, due to the differences in the scopes of business or in industries, there maybe other reports needed due to their circumstances. The Certified Tax Agents Accountants and the Tax Firms can be entrusted to do this kind of services.

Hwuason Law Firm with their professional qualifications and a fair spirit can provide to the clients a full range of tax services, including the audit and verification to the income and losses of the enterprises. The service does not only precede qualification controls of accountancy, but also give independent advices to the business flaws. The contemporary idea of audit services of tax return is not only about compliances and reviews, but based on the enterprises’ unique situations and through into the enterprises’ production and sale process, to positively reflect the business activities and achieve a higher accuracy for the enterprise major tax treatments.

In the verification process, our professional team with our rich experiences in tax auditing and legal knowledge can help clients with an independent description balancing the risk and efficiency and qualification, with clear responsibilities, comprehensive type of services, and due diligence, adhering to professional ethnics committed to provide quality tax audit services.