Legal analysis: The annual audit report shall be issued before June 30th of the following year. According to the requirements of the company law, both limited liability companies and joint stock limited companies need to be audited. Generally, in the annual inspection of industry and commerce and foreign investment, the audit report of the previous year is needed as the necessary supporting documents. Normally, the audit will be conducted from 10 to 65438 in May every year. The annual audit refers to the audit conducted by the auditing organ at the end of the audited entity's fiscal year on its annual accounting vouchers, accounts, statements and other materials as well as all economic activities reflected. The end of the year is generally the end of accounting, so the content of the annual audit is roughly the same as that of the final audit. The audit report must be issued by an accounting firm with securities and futures-related business qualifications and two or more certified public accountants who perform securities and futures-related business. The audit opinion must be stamped and signed by the accounting firm and the certified public accountant (the original audit opinion should be submitted and cannot be copied). The company has the responsibility to send the annual report materials formally submitted to the China Securities Regulatory Commission to its designated accounting firm, and the accounting firm has the responsibility to check whether the financial and accounting materials (including accounting statements and notes to accounting statements) provided by the company to the China Securities Regulatory Commission are consistent with those with audit opinions issued by certified public accountants.
Legal basis: Article 2 of the Individual Income Tax Law of People's Republic of China (PRC), the following personal income shall be subject to individual income tax:
(1) Income from wages and salaries;
(2) Income from remuneration for labor services;
(3) Income from remuneration;
(4) Income from royalties;
(5) Operating income;
(6) Income from interest, dividends and bonuses;
(7) Income from property lease;
(8) Income from property transfer;
(9) Accidental income.
Individual residents who obtain income from items 1 to 4 of the preceding paragraph (hereinafter referred to as comprehensive income) shall calculate individual income tax according to the tax year; Non-resident individuals who obtain income from items 1 to 4 of the preceding paragraph shall calculate individual income tax on a monthly or itemized basis. Taxpayers who obtain income from items 5 to 9 of the preceding paragraph shall calculate individual income tax separately in accordance with the provisions of this law.