Do branches need annual reports?

Need. Branches of a general tax paying enterprise need to file annual enterprise income tax returns, annual financial statements of the branches, annual financial status and operating income and expenditure, and explanations of the participation of branches in the annual tax adjustment of the enterprise. A description of the branch's participation in the annual tax adjustment of the enterprise at the time of final settlement. In addition to submitting the annual tax return of enterprise income tax, the branch may refer to the schedule of the annual tax return of enterprise income tax.

The reporting procedures for annual reports of branches are as follows:

1. Confirm the recipient of the annual report: First, verify the recipient of the annual report, including the registered address, registration number and tax registration number of various enterprises;

2. Fill in the annual industrial and commercial report: fill in the annual industrial and commercial report according to the place of registration and registration number of the enterprise;

3. Confirm the annual report: confirm the content and format of the report, and affix the official seal to the content of the report;

4. Mail the annual report: mail the completed annual report to the designated address of the industrial and commercial department with the official seal;

5. Filing certificate: collect and save the filing certificate sent by the industrial and commercial department as evidence for submitting the annual report;

Legal basis:

Provisional Regulations on enterprise information publicity

Article 8

An enterprise shall submit the annual report of the previous year to the administrative department for industry and commerce through the enterprise credit information publicity system from June 30th to/kloc-0 every year, and publicize it to the public.

Enterprises registered in that year shall submit and publicize their annual reports from the following year.