Online tax registration
Print Edition
AN online service system was launched in Shanghai’s pilot free trade zone last week to cut administrative approval requirement for companies.
The new system will automatically generate a tax registration number for companies based by the management and the city’s quality and technical inspection bureau, the city’s taxation bureau said last week.
Being able to generate an automatic tax registration number is one of the 10 new online taxation functions unveiled at the free trade zone to facilitate tax payment and tax claims. Other functions include growing use of electronic invoices, providing cross-region taxation services, online registration for existing tax incentives, capital account tax management, authorizing value-added-tax payer identification, and new credit assessment system.
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