Of course, there is no tax on bank transfers, but large amounts will be monitored. However, personal accounts are used for company transactions and need to be taxed.

The Law of People's Republic of China (PRC) Municipality on Tax Collection and Management has corresponding provisions: Article 17 Taxpayers engaged in production and business operations shall, in accordance with the relevant provisions of the state, open basic account and other deposit accounts in banks or other financial institutions with tax registration certificates, and declare all their account numbers to the tax authorities.