The business license is handled in the Department of industry and commerce, which is only responsible for opening an account and Issuing the license. Is there any tax on individual business license? What is the tax policy for individual businesses of special groups? Let me show you.
Is there any tax on individual business license? In order to pay taxes, individual businesses should adopt three kinds of tax systems: tax collected by auditing accounts; regular and fixed collection; and approved collection.
Tax standard for individual businesses: 3% value-added tax for goods sold and 5% business tax for services provided. At the same time, urban construction tax and education surcharges shall be paid according to the sum of value-added tax and business tax paid. There is to pay about 2% of the personal income tax.
Individual businesses need to pay business tax only if their monthly turnover exceeds 30000 yuan. The following are exempt from value-added tax or business tax, as well as urban construction tax and education surcharges. If the VAT threshold is not met, VAT, urban construction tax and education surcharges can be exempted.
Extended data:
Preferential tax policies for individual businesses of special groups:
Business tax: the business income obtained by the laid-off workers of state-owned enterprises and collective enterprises from engaging in community resident service industry shall be exempted from business tax within three years from the date when the laid-off certificate is filed with the local competent tax authority, and the individual industrial and commercial household receives the tax registration certificate.
Individual income tax: for those engaged in domestic service, environmental sanitation, traffic safety, public security and other service industries and non production and business activities in the community, the individual income tax shall be exempted within three years.
Urban maintenance and construction tax and education surcharges: urban maintenance and construction tax and education surcharges are exempted together with business tax, and the exemption procedures shall be handled according to relevant regulations.
For retired soldiers who seek their own occupation and engage in community resident service industry, the preferential tax policies enjoyed by laid-off workers engaged in community resident service industry shall be implemented. Retired soldiers shall go through tax reduction and exemption procedures with the local competent tax authorities on the strength of self employment certificates issued by the placement Department of retired soldiers of the local people's government.