Is it possible to transfer funds from a company’s public account to a personal account for borrowing?

If a company’s public account has opened corporate online banking, it can transfer money to any legal account, including private accounts. But it needs to be Know the payee’s name, account number, and name of the bank where the account is opened. At the same time, according to Article 40 of the Measures for the Management of RMB Bank Settlement Accounts: the amount paid by the unit from its bank settlement account to the individual’s bank settlement account exceeds 150,000 yuan each If the payment from a corporate customer account to a private enterprise account is taxable, the tax withholding unit shall provide a tax payment certificate to the bank when the account was opened. .The tax payment certificate is a tax payment voucher (copy) that can be issued by the payer.

Reasonable reasons for transferring funds from a public account to a private enterprise account

1. Pay wages:

When a company pays wages to employees, it transfers funds through public accounts or personal accounts. Note that the company still needs to withhold employees’ social security, provident fund and personal income tax.

2. Reserve fund:

According to the enterprise's reserve fund system, the enterprise provides employees with reserve funds to facilitate their work. When the enterprise pays the reserve fund, it transfers the funds from the company account to the employees' In private accounts, companies record employee borrowings in the account. Note that reserve funds need to be cleared regularly and should not be lost for a long time.

3. Dividends:

When a company distributes dividends to shareholders, it must pass The society transfers funds from public accounts to shareholders' private account information. Note that shareholder dividends require us to require students to declare and pay personal income tax in accordance with the provisions of our country's tax laws.

4. Employee reimbursement:

For employee reimbursement, after the company's review, the company's public account will be transferred to the employee's private account. Please note that the amount reimbursed by employees must be true and comply with regulations.

5. Provided by individuals Services:

When an enterprise accepts consulting, training and other related services provided by individuals, the enterprise account should pay service fees to the private account of the individual providing the service. Note that service income needs to be reported and paid personal income tax in accordance with tax law requirements.

6. Business with individuals:

When an enterprise develops business with personal information, the enterprise will make payment to the individual’s private account through the public account. Note that the enterprise and personal data We need to sign a business management contract, and individuals need to issue invoices at the local tax bureau.

7. Enterprise-to-individual borrowing:

Enterprises and individuals need to sign a loan contract, and the enterprise will Funds are transferred from the company account to the individual's private account. The company should record the personal loan into the account. Note that the personal loan should be settled in time and should not be left open for a long time.

Is it possible to transfer the company's corporate account to the personal account for borrowing?