New Rules of Temporary Tax Registration Certificate

According to  the Guangzhou Bureau of Local Taxation, temporary tax registration certificates are to be used only in the following three situations:

1. For taxpayers who are engaged in production and management under a temporary business license;

2. For contract tenants who have independent production and management rights, independent business accounting and regularly pay contract fees to contractors and lessor; and

3. For foreign companies that are engaged in contract construction, installation, assembly and prospecting projects and provide labor services in China.

Beginning January 1, 2007, taxpayers who do not obtain new temporary tax registration certificate will be unable to buy invoices.

Guangzhou Bureau of Local Taxation stressed that the Bureau would not grant temporary tax registration certificates to taxpayers without business licenses, and would not sell invoices to them either. The taxation authorities have the authority to check and ratify their leviable tax sum.

Source: www.gz.gov.cn

Editor: Ronald Li