Does the company need to change its tax registration certificate when it changes its business?
The company needs to change its tax registration certificate for capital increase. Changing tax registration refers to a tax registration procedure that taxpayers apply to the tax authorities when the contents of tax registration change significantly. Taxpayers who have gone through the registration of change in the administrative department for industry and commerce shall truthfully report to the original tax registration authority within 30 days from the date when the administrative department for industry and commerce goes through the registration of change. Article 15 of the Law of People's Republic of China (PRC) on the Administration of Tax Collection, enterprises, branches engaged in production and operation, individual industrial and commercial households and institutions engaged in production and operation (hereinafter referred to as taxpayers engaged in production and operation) established in other places and places shall, within 30 days from the date of obtaining the business license, report to the tax authorities for tax registration with relevant documents. The tax authorities shall register the declaration on the day it is received and issue a tax registration certificate. The administrative department for industry and commerce shall regularly notify the tax authorities of the registration and issuance of business licenses. Article 16 Where the contents of the tax registration of taxpayers engaged in production or business operations change, they shall, within 30 days from the date when the administrative department for industry and commerce handles the registration of change or before applying for cancellation of registration to the administrative department for industry and commerce, report to the tax authorities for the change or cancellation of tax registration with relevant documents.