The vehicles purchased by the company belong to fixed assets investment and can be deducted from the enterprise income tax. However, the method and specific amount of deduction should be comprehensively considered according to the vehicle type, purpose, value and other factors, and the specific situation should be analyzed and calculated according to the actual situation of the enterprise. When buying a car by loan, if the enterprise repays it on time according to the loan contract, it can deduct the interest expense when repaying it. However, for the purchase of the vehicle itself, because it is a fixed asset investment, the enterprise income tax cannot be deducted in full at one time, and it needs to be deducted in accordance with the provisions on depreciation of fixed assets. The specific calculation method needs to be comprehensively considered according to the tax laws and regulations of the place where the enterprise is located and the depreciation policy of fixed assets.
Limited company registration process is as follows:
1. View the approved enterprise name. Fill in the enterprise name approval registration form and fill in the company name. The intranet of SAIC will search for duplicate names. If there is no duplicate name, you can use this name and issue a Notice of Pre-approval of Enterprise Name.
2. Submit the enterprise name approval registration form for online registration and approval;
3. Submit the industrial and commercial establishment materials to the Industrial and Commercial Bureau, mainly including: articles of association, letter of appointment, copy of shareholder's ID card, and house lease agreement;
4. Obtain a business license after three working days;
5. Engraving, mainly including official seal, corporate seal, financial seal and contract seal;
6. Go to the Bureau of Quality and Technical Supervision for the organization code certificate;
7, tax registration, national tax and local tax registration at the same time;
8. Open a basic account in a bank;
9. Settlement of national tax and local tax, and settlement of offices under the jurisdiction of tax offices.
To sum up, the minimum registered capital of a company depends on the requirements of industries and regions.
Legal basis:
Article 6 of People's Republic of China (PRC) Company Law
To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.