Doing e-commerce, the biggest fear is not no single, but the single volume up, the cost ticket but not.

With tens of millions in book revenue but very little actual profit, the tax authorities calculated it this way: costs without invoices are not deductible at all; corporate income tax must be paid at the standard rate of 25%; and VAT must be calculated based on the 13% input tax credit shortfall. By the end of the year, all the profits had been handed over to the tax authorities.

In Shenzhen in particular, against the backdrop of the Golden Tax Phase IV initiative and platform data reporting, “invoice shortages” have evolved from a minor financial issue into a survival-level risk.

Recently, the probability of random inspection of the registered address of the Shenzhen company has increased dramatically, many business owners have received a notice of industrial and commercial random inspection, the heart is inevitably panicked. It is important to know that, once the address is determined abnormal, not only will affect the normal operation of the company, but also may be implicated in taxation, bank accounts, and even affect the security of the account of e-commerce platforms such as Amazon, today, we will organize a complete response to the program, regardless of industrial and commercial sampling, or the second review of the Amazon, can be easily dealt with.

In the track of business operation, finance and taxation is the foundation and the “lifeline” that cannot tolerate any sloppiness. Many bosses in the start-up period or development, will give preference to the lower price of the agency, think “can bookkeeping and tax filing on the line”, but really wait until the tax warning, compliance risk outbreaks, only to find that the initial save that cost, and ultimately have to pay ten times, a hundred times the cost.
Today, we will break up the story with you: the core gap between the accounting company and the professional tax compliance services is not in the numbers on the quotation, but in the risk prevention and control capabilities, strategic service dimensions and enterprise value empowerment. If your business is in a critical period of growth, this content must be read to understand how to choose the right tax partner, to avoid the invisible pit.

“If I open more stores, is it considered a malicious split? Will I be asked by the IRS to consolidate my taxes?”

This is one of the most asked questions in the background consultation in the last six months. Indeed, in the e-commerce industry today, competition is white-hot, multi-store operation is almost standard - either to expand different categories, or to cope with the platform traffic rules, or to test the waters of the new market. But if you are not careful, this “standard action” may touch the tax red line.

Some have been fined millions for “malicious splitting,” while major retailers have saved millions in taxes annually through compliant structures. Today, we’ll provide a comprehensive guide for e-commerce business owners in Shenzhen: How can you avoid tax “pitfalls” when operating multiple stores in Shenzhen?

Recently, the probability of random inspection of the registered address of the Shenzhen company has increased dramatically, many business owners have received a notice of industrial and commercial random inspection, the heart is inevitably panicked. It is important to know that, once the address is determined abnormal, not only will affect the normal operation of the company, but also may be implicated in taxation, bank accounts, and even affect the security of the account of e-commerce platforms such as Amazon, today, we will organize a complete response to the program, regardless of industrial and commercial sampling, or the second review of the Amazon, can be easily dealt with.