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Dividends from foreign-funded enterprises

In 2007

No tax is paid on dividends distributed to overseas shareholders

After 2008

How much does the investor need to pay when distributing dividends? The amount of tax; what is the basis?

20% and then a preferential reduction of 10%, according to Article 3 of Chapter 1 of the New Income Tax Law and Article 91 of the Implementation Regulations of the Income Tax Law

Details about this I also called the tax department two days ago to inquire about the problem. He said that the dividends for 2008 will be paid in April 2009, so they don’t know the specific provisions. It is estimated that there will be dividends other than dividends at the end of the year. What procedures need to be completed when returning coins? What is the basis?

All you need to do is provide the information to the bank. The basis is what I went through at the beginning of the year.

The bank's requirements for providing information to overseas shareholders Preparation of dividend remittance business materials

1. Capital verification report (certifying that the overseas company is a shareholder of the company)

2. Tax payment certificate (if tax-free, a tax-free certificate must be presented)

3. The company's dividend report, (proof of the dividend ratio and the amount distributed to the shareholder)

4. Audit report (for the year of dividend distribution)

All the above information must be submitted Submit a copy with the official seal and bring the original for verification.

Go to the bank with your financial seal and legal person seal to fill out an application for overseas remittance and purchase of foreign exchange

For specific details, you can call your account bank to ask. Enterprises that pay dividends to shareholders do not You need to contact the State Administration of Foreign Exchange. This aspect seems to be reviewed by the bank and linked to the State Administration of Foreign Exchange