According to the Notice of State Taxation Administration of The People's Republic of China, the State Administration of Foreign Exchange of the People's Republic of China on Further Defining the Relevant Issues Concerning the Submission of Tax Certificates for Foreign Payment of Service Trade and Other Projects (Huifa No.52), it is necessary to file a record with State Taxation Administration of The People's Republic of China, pay taxes, then go to the local tax, and finally sell the foreign exchange payment certificates before making payment.
What is the procedure for foreign exchange payment?
Payment of foreign exchange requires customs declaration, entry record list, ID card, invoice, contract and other procedures. Procedures: General trade clearance can only be paid by customs declaration at the port. Customs clearance in the bonded area can only be paid by the entry record list. Payment of foreign exchange refers to the behavior of financial institutions that are approved to operate foreign exchange business, and purchase foreign exchange from their foreign exchange accounts or abroad to pay for foreign exchange after reviewing the valid vouchers and commercial documents provided by foreign exchange users and individuals according to the relevant provisions on the sale and payment of foreign exchange.
Well, what do I need to bring to pay for foreign exchange? Can you help me?
Try to answer physically, 1. Format invoice can;
2. Go to the tax bureau to file the contract within one month after the contract is signed, and pay the foreign exchange payment filing form above 50ksud at one time, otherwise the bank will not accept it;
3. If the service provider has no permanent office in China, you need to withhold and pay taxes. IIT, value-added tax (the main body is tax consultation, that is, value-added tax), etc. As for who will bear the tax, it depends on the contract. Generally speaking, income tax will be borne by the other party, and value-added tax will be borne by you, which can be used as input deduction. Just sauce.