With the development of the economy and the improvement of the entrepreneurial environment, more and more people choose to start their own companies. However, for newly registered companies, bookkeeping and tax filing is a necessary task and a relatively complex one. This article will detail how a newly registered company can do bookkeeping and tax filing.
First of all, the newly registered company needs to establish a complete accounting system. This includes setting up accounting accounts, establishing account books, formulating accounting methods, etc. For small businesses, you can consider hiring a professional accountant to set up a accounting system and handle daily accounts. For large enterprises, a special financial department can be set up for accounting processing.
Secondly, the newly registered company needs to determine the type of tax and the amount of tax. Depending on the type of business of the company and the tax policy of the location, the company needs to pay different taxes and corresponding tax amounts. At the same time, companies also need to pay attention to preferential tax policies to reduce the tax burden as much as possible.
Thirdly, newly registered companies need to file and pay taxes. At the end of each tax period, the company needs to declare the taxable income and tax payable for the previous tax period to the tax department and pay the tax on time. There are many ways to declare and pay, you can choose online declaration, bank withholding or on-site payment.
In addition, there are a number of other tax issues that newly incorporated companies need to be aware of. For example, companies need to pay attention to the handling of tax registration certificates and annual inspections; Companies need to pay attention to tax compliance issues to ensure that the company meets the requirements of tax regulations; Companies also need to pay attention to the handling of tax disputes and resolve tax disputes in a timely manner.
To sum up, a newly registered company needs to carry out bookkeeping and tax returns. This requires the establishment of a complete accounting system, the determination of tax types and amounts, the filing and payment of tax returns, and other tax issues. For entrepreneurs who are not familiar with these issues, they can seek the help of a professional accountant or tax advisor to ensure that the company's accounting and tax work meets the requirements of laws and regulations, and also lay a solid foundation for the company's long-term development.