I. Tax Demand
When a company declares taxes, it needs to build up accounts to provide statements. For example, ordinary taxpayers need to make accounts first and submit financial statements to the tax bureau before they can declare taxes.
II. Annual Licensing Requirements
The company must submit its annual report to the Market Surveillance Authority (formerly called annual review) before 30 June of the following year, which means that it needs to provide financial information of the company.
3. Expanding Company Demand
A company usually has three choices in the end:
1. The greater the demand is, the greater the application will become a general taxpayer of VAT or a company listed on the market.
2. Demand cancellation due to poor operation or other reasons;
3. Transfer the company legally to other shareholders.
4. The contents of accounting and tax return are as follows:
1. Building new accounts on behalf of others;
2. Accounting for agents;
3. Settlement of disorderly accounts;
4. To change manual account into electronic account;
5. Acting and consulting for import and export accounting business.