First of all, I would like to explain to you the tax considerations: some foreign-funded enterprises take into account the preferential policies of new and old enterprise income tax on foreign dividends when paying dividends, and pay dividends on the accumulated undistributed profits formed in 2007 and before. If this is the case, the accumulated undistributed profits formed by foreign-invested enterprises before 2008 1 and distributed to foreign investors after 2008 are exempt from enterprise income tax, and the undistributed profits before 2008 are exempt from tax.

If this is the case, it is necessary to issue an audit report on the accumulated undistributed profits, which can be understood as a special audit of undistributed profits by certified public accountants. In fact, this requirement of SAFE is unreasonable, in order to save trouble. If not, there should be no need for audit, but income tax should be withheld.

Of course, the annual inspection of your foreign exchange registration certificate must be done to ensure its validity, so as to ensure that foreign exchange dividends can be remitted abroad.