1, according to the Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on Business Tax on Equity Transfer (Caishui [2002] 19 1), no business tax will be levied on equity transfer since 2003.
2. If it is a property right transfer document, the stamp duty rate is 0.5 ‰. If it is a transaction of a listed company in the securities market, it shall be paid at one thousandth according to the Equity Transfer Document.
3. If it is an individual, pay 20% personal income tax according to the transfer income; If it is an enterprise, it will be incorporated into the taxable income of the current year and pay enterprise income tax.
4. Individual income tax is levied on individual shareholders, who are enterprises, and enterprise income tax is levied on the transfer income. No matter whether an enterprise or an individual signs a contract, stamp duty should be levied according to the contract amount. Business tax and value-added tax are not levied on equity transfer.
Individual equity transfer shall be taxed according to the following provisions: Individual income tax: According to the Individual Income Tax Law of People's Republic of China (PRC) and its implementing regulations, the original shareholders shall collect individual income tax according to the item of "income from property transfer".
The transfer of enterprise equity shall be taxed according to the following provisions:
(1) Business tax: According to the Notice of the Ministry of Finance on Business Tax on Equity Transfer in State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) (Caishui (2002) 19 1), no business tax is levied on equity transfer;
(II) Enterprise income tax: According to the Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Some Income Tax Issues Concerning Enterprise Equity Investment Business (Guo Shui Fa [2000] No.65438 +0 18), the income or loss from the transfer of enterprise equity investment refers to the income from the recovery, transfer or liquidation of enterprise equity investment, after deducting the cost of equity investment. The income from the transfer of enterprise equity investment is incorporated into the taxable income of the enterprise, and the enterprise income tax is paid according to law;
(3) Stamp duty: the documents produced by the enterprise's equity transfer shall be sealed by both parties according to the property right transfer documents, and each party shall affix the seal of 0.5 ‰ of the amount contained.
Company transfer process and expenses:
First, find a company that is willing to accept you.
Second, we should negotiate the price and sign the transfer contract.
Third, find a law firm to do transfer notarization.
Fourth, go through the transfer formalities at the Industrial and Commercial Bureau, the Quality Supervision Bureau and the Tax Bureau.
The information processed by the Trade and Industry Bureau is as follows:
1. Original business license
2. Official seal
3. Application for Company Change and Power of Attorney
4. Resolutions of the shareholders' meeting
6. Revision of Articles of Association
7. Equity transfer agreement
8. New shareholder ID card
9. Original documents of the company
10, other statutory information
Processing time: 5 working days
Handling fee: 1 10 yuan.
Tip: Remember to make a copy of all the changed industrial and commercial information for future use. It is very simple to change the code and tax when the industry and commerce change.