First, the enterprise's financial accounting system is sound and there is no tax arrears. If the company's financial accounting system is not sound or tax arrears occur, it will be difficult for the pilot company to pass the qualification review.
Second, the certification of tax refund (exemption) for export goods must be more than 2 years old, and the daily declaration of tax refund (exemption) for export goods must be normal and standardized, and it can be done according to the tax The authorities require the preservation of export tax refund files.
Third, in the past two years, no enterprise applying for the pilot has been found to have engaged in irregular business; the enterprise has never engaged in tax evasion, evasion of tax arrears, tax resistance, or fraudulent exports. Tax-related illegal activities such as tax refunds; companies have not been found to have falsely issued invoices (including agricultural product purchase invoices) and used falsely issued special value-added tax invoices to declare export tax rebates. At the same time, enterprises applying for the pilot program cannot have any inspections related to tax violations during the review period.
Secondly, pilot enterprises do not need to go through the foreign exchange write-off link for RMB settlement, and they also enjoy the tax refund (exemption) policy for export goods. According to the "Measures", cross-border trade settlement in RMB is not included in the management of foreign exchange write-off, and pilot enterprises do not need to go through the procedures for verification of foreign exchange receipts and payments for import and export. In other words, when pilot enterprises handle cross-border trade RMB settlement business, they do not need to go to the foreign exchange bureau to handle the verification of foreign exchange receipts and payments, which is more convenient and will not affect the enterprise's export tax rebate. According to regulations, pilot enterprises that use RMB to settle export trade will enjoy tax refund (exemption) policies for export goods in accordance with regulations. Here we need to remind you of three issues:
First, pilot enterprises should declare to the competent tax authorities separately. If they declare together with other export goods, they should declare it in the declaration form. China will mark the customs declaration form for export goods settled in RMB for cross-border trade.
Second, if pilot enterprises violate relevant national regulations, they will not only be punished according to law, but also risk being disqualified from the pilot program.
Third, the pilot enterprises’ illegal and illegal information regarding cross-border trade RMB settlement will be entered into the RMB cross-border payment information shared by relevant departments.The management system and the People's Bank of China's corporate credit information basic database recommend that companies operate with integrity to avoid losing more than they gain.
Secondly, pilot enterprises must record in a timely manner the RMB funds stored overseas. In order to meet the actual requirements of enterprises, pilot enterprises can deposit export revenue in RMB overseas in accordance with regulations, but they must register with the local branch of the People's Bank of China through a domestic settlement bank. If the pilot enterprise fails to recover the RMB payment within 210 days after the goods are exported, it shall report the amount of the unrecovered payment for the goods and the amount of the unrecovered payment to the RMB cross-border payment information management system through its domestic settlement bank within 5 working days. The corresponding export declaration number and provide relevant information to its domestic settlement bank. The pilot enterprise shall select a domestic settlement bank as its main reporting bank for cross-border trade RMB settlement, and the main reporting bank shall be responsible for prompting the pilot enterprise to fulfill relevant information reporting and filing obligations. When launching cross-border trade RMB settlement business, pilot enterprises should also ensure the trade authenticity of cross-border trade RMB settlement, establish a cross-border trade RMB settlement ledger, and accurately record import and export customs declaration information and RMB fund receipt and payment information; For balance of payments transactions involved in RMB trade settlement, pilot enterprises shall handle balance of payments statistical declarations in accordance with relevant regulations.
Finally, pilot companies should also pay attention to some operational details. For example, in the contract signing process, when pilot enterprises sign RMB-denominated and settled trade contracts with foreign countries, they should pay attention to understand whether the overseas enterprise has RMB funding sources to pay for the contract, and whether the country or region where the counterparty is located will have any impact on customs declaration in RMB. . When handling cross-border trade RMB receipts and payments, one should truthfully fill in and submit documents proving the authenticity of the trade to the domestic settlement bank, and cooperate with the domestic settlement bank to verify the authenticity of the transaction documents and their consistency with the RMB receipts and payments. Reasonably review and establish a cross-border trade RMB settlement ledger to accurately record import and export customs declaration information and RMB fund receipt and payment information.
