You also need to pay taxes when doing cross-border e-commerce. Of course, the state also has relevant policies to support merchants in this area. Therefore, merchants can enjoy tax refund benefits. So, let’s learn how to file taxes for cross-border e-commerce!
1. For export tax refund, first apply for various tax refund qualifications, ask the supplier to issue a VAT invoice, and then complete the customs declaration. Apply to the tax bureau for a refund of the input tax on the input invoice. If so, apply for a tax refund and have the input tax for the first year refunded before April of the following year.
2. Value-added tax declaration: Must declare every month. Since export enterprises are exempt from business tax, they pay according to the tax amount, but the value-added tax declaration form must be filled in the tax-free income column.
3. Personal income tax: For wages paid to employees, the company must declare personal income tax to the employees on their behalf. According to 5 tax rates. Report monthly. If all profits are in the public account, the boss needs to pay a 20% personal income tax based on the type of dividends.
4. Corporate income tax: declare every quarter and settle the payment before May of the following year. Any excess will be refunded and any excess will be compensated. It is the company’s profits multiplied by the corporate income tax rate. There are now discounts for small and micro businesses.
5. Key cross-border businesses are exempt from VAT output tax, but cross-border tax-free businesses need to be registered.
6. The platform income of small account companies has been merged into the Hong Kong company to confirm tax returns. Such companies generally do not have bank accounts, so VAT, corporate income tax, and personal income tax are basically zero declarations.
The above introduction is how to file taxes for cross-border e-commerce. The logistics process of cross-border e-commerce. Cross-border e-commerce is much more complicated than domestic e-commerce. Tax issues also involve two countries, which is even more complicated. In short, tax issues It is one of the key factors affecting enterprises, and tax issues are one of the key factors affecting corporate profits. If bosses can understand the basic tax knowledge involved in the company and plan in advance, it will reduce a lot of tax costs for the company. Cross-border e-commerce has been a hot topic in the industry in recent years, but unlike e-commerce in the domestic market, seller companies do not understand overseas finance and taxation, considering the complexity and professionalism of overseas finance and taxation, which may lead to underpayment of taxes and Delay in paying taxes leads to unnecessary tax costs.