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Address: Shenzhen city Baoan District West Chang Xing Blvd
No. three ( Chang Xing Industrial Park )
Phone: 0755-88849616
Zip code: 518000
Fax: 0755-88849662

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How to do business in the UK [2011-04-08]
Release date:2013-02-26 10:58

      Market economy is the economic law, the legal system is perfect, the market operation mechanism mature sound. "In the communication magazine recently published titled" "going out" - in the chinese-invested enterprises experience ", the author points out that the Chinese enterprise accustomed to China is perfect and elastic legal system, the British legal environment some does not adapt, easily in the UK for behavior glancing and beyond the law, get in case, but the rate, such as the individual income tax, corporate tax and the company and the employee pay national insurance tax respectively, from year to year have change. In this respect, in addition to please professional accounting companies provide services outside, engaged in trade business personnel should also often tracking, accomplish know fairly well.
      Sinochem group company in Europe, British rigorous tax system from the aspects of enterprise to limit the unfair means will be tax payment for any other purposes. The British national tax bureau for multinational company operation profit is income tax at the most tightly, want to tax evasion is impossible, even escape the gates, the relevant tax law clause will next gates waiting for you, even through the audit, also is not equal to the revenue will be able to accept. If there is the company registered capital is too low, volume is very big, debt ratio is too large, the tax authorities according to the certain proportion pay taxes to approval requirements.
     Chinese company do financial business, profits remitted England to deduct 10% tax. In accordance with the relevant laws and regulations, the company and the company and overseas brother between enterprise's business, British officials will also supervision related transaction is in compliance with normal price. The company's entertainment, not as a business cost free, and to pay tax expenditure. British tax department and focus on the company's bus private problem, once thorough check will also serve as a personal income recovered this part of the individual income tax.
 

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