The annual business report of an enterprise refers to the annual report submitted by the enterprise to the local administrative department for industry and commerce within 3 months after the end of each year in accordance with the provisions of the Provisional Regulations on Enterprise Information Publicity. The main contents include the disclosure of basic information, operating status, financial status, equity and shareholders of the enterprise. The main purpose of the annual business report is to ensure the openness and transparency of enterprise information and facilitate investors, partners and consumers to understand and supervise the enterprise.
The annual tax report is an annual enterprise report submitted to the tax authorities within 1 month after the end of each year according to the provisions of the enterprise income tax law. Its main contents include enterprise income tax payment, balance sheet, income statement, cash flow statement and other financial statements. The main purpose of the tax annual report is to supervise the tax payment of enterprises and ensure that enterprises pay taxes according to law.
Therefore, although the annual business report and the annual tax report are both annual company reports, their contents and purposes are different. Enterprises should submit annual reports to the administrative department for industry and commerce and the tax authorities in a timely and accurate manner in accordance with the requirements of relevant laws and regulations.