The company is not in operation, is it okay not to do bookkeeping and tax returns?

Mondo Finance Updated on 2024-01-28

If the company does not operate, it must also declare and pay taxes normally, and if there is no business and no flow, it needs to be processed normally as "zero declaration".

Zero declaration means that there is no sales during the tax declaration period after the company is registered, and when the value-added tax and enterprise income tax are zero, then zero declaration can be made. This means that even if no tax is generated, it must be declared and zero tax must be declared.

This includes, but is not limited to, fines and late fees. If it is serious, it will be audited, the legal person can not continue to register the company, and the high-speed rail plane will be restricted. What's more, credit is restricted, accounts cannot be opened, and many banking businesses cannot be handled.

It is possible to file zero in the short term (6 months).

The first is that fines will be incurred

If the company has income, it must pay taxes, and long-term zero declaration is called tax evasion, and if you don't pay taxes and late fees, you will have to pay fines in serious cases.

The second is that it will lead to a reduction in invoices

If the taxpayer has an invoice, then the invoice will be limited by the tax, and the taxpayer will also regularly go to the tax office for invoice verification.

Third, it will affect the credit rating

If there is no declaration for six months, the tax credit rating cannot be rated as A. If you make a false zero declaration to evade taxes, the tax credit rating will directly become D, and the gains outweigh the losses.

Finally, because of the zero declaration, the tax has been abnormal, and the business license will be directly revoked.

Therefore, it is necessary to pay attention to the declaration and taxation, and you must go to the tax report within 30 days of getting the business license, and then remember to declare and pay taxes. It is best not to have more than six months to declare zero, and if it is more than six months, it is impossible to say what will happen.

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