Cross-border e-commerce is transparent in the face of big data and artificial intelligence. Especially in the trend of stricter policies, a little carelessness will destroy the operating results of enterprises.
Guide to fiscal and taxation compliance: fiscal and taxation compliance is both the general trend and imperative. So how to achieve compliance, increase revenue, improve capital utilization and reduce the risk caused by cash shortage without increasing costs or even minimizing costs? The compliance of cross-border e-commerce enterprises is mainly reflected in financial compliance, including sales and collection compliance, tax compliance, monetary fund compliance and so on. At different stages, the fiscal and tax compliance work that sellers need to do has different emphases:
Small and medium-sized sellers who have just started: In the early stage of development, each company should not declare zero, but report some taxes, and then distribute social security to the corresponding companies to ensure the normal operation of the country.
Big sellers who want to finance loans: at this stage, the focus is on financial statistics, procurement, invoice procurement, export tax rebate, clear order flow and refund to enterprise accounts.
Super sellers preparing to go public: do asset inventory, adjust debt structure and equity structure, and declare value-added tax in countries where they do business.
Many cross-border e-commerce companies will choose to save taxes in order to control costs, but compared with tax saving, preventing tax risks should be paid more attention. In other words, controlling corporate fiscal and tax risks is more important than tax saving. Enterprises can legally reduce the tax burden by using preferential tax policies, but they will never evade taxes. The above is the prophetic answer of Meng Caishen, a cross-border e-commerce finance and taxation expert. I hope I can help you.