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Free Business in China.
This year’s tax credit ratings have been released. Please be aware of your company’s rating (A, B, C, or D – from highest to lowest).
An A?rating offers a significant operational advantage: a high invoicing limit that is sufficient for most business needs. Even if additional headroom is required, A?rated companies can apply for an immediate limit increase.
In contrast, a C or D rating results in a very low invoicing limit. Should you need to issue urgent invoices, approval for a limit increase will be slow.
Your tax credit rating directly impacts your ability to invoice and receive payment without delay. Treat it as a priority.
To maintain or improve your rating, we recommend the following:
2. Review the deduction items from this year’s tax credit assessment. Identify where points were lost and develop a clear action plan to address those gaps.
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Set up in 2009 Focus on Tax& Accoounting +86 189 16298482 wcx@ruanyinchina.com |
