Investment in Tax Saving Products for Small Companies


How to run an enterprise to contribute capital to effectively save taxes?

Recently, a friend invested in registering a company. The project is good and the prospects are very good. A friend who is the boss to make decisions is definitely a good hand, but when it comes to finance and tax, it makes him a bit guilty. This is also normal. Who calls the national policy change so fast and many provisions?


I think this is one thing that many bosses worry about. Taking this opportunity, Chang Yao talked about the tax with his bosses, and how to run an enterprise to invest in order to effectively save taxes.

Business case:


President Wang and a few friends plan to set up a technical service company A (all shareholders are individuals). The initial investment in professional equipment is 22 million yuan, the office investment is 15 million yuan, and the other investment is 5 million yuan. A total of 42 million yuan. In order to reduce the operating responsibility Risk, the planned registered capital is 5 million yuan, then the other 37 million yuan, under the situation of continuous operation and development of the enterprise, how to make expenditures in order to minimize the overall tax burden on shareholders?

I. How to pay 37 million yuan of investment other than registered capital, which is deducted from corporate loans?

(1) The company borrows from shareholders, and the unit shall issue a loan receipt to the shareholders, which shall be recorded in accordance with the receipt.

  • Loan: Bank deposit 4200
  • Loan: 500 paid-in capital
  • Other payables—XX shareholders 3700

二 (2) There is interest on the borrowing, and a loan agreement (contract) must be signed. The agreement (contract) specifies the annual interest rate of the borrowing. When it expires, the interest is calculated at the loan interest rate agreed in the agreement.

(3) Pay interest to individuals (assuming an annual rate of 6.5%), withholding and paying 6% value-added tax (3% more in practice) and additional, withholding and paying 20% ​​of personal income tax.

  • Leap year interest = 3700 * 6.5% = 2.405 million yuan
  • VAT = 240.5 / (1 + 6%) * 6% = 13.61 million
  • Surcharge = 13.61 * 12% = 16.3 thousand yuan
  • Personal tax = 240.5 * 20% = 481,000 yuan

Stamp tax for capital account books = 500 * 0.5 ‰ = 25 thousand yuan (Since May 1, 2018, stamp tax on capital account books decals at a rate of five ten thousandths is halved)

Total tax payable = 13.61 + 1.63 + 48.1 + 0.25 = 636,000 yuan

(4) If the enterprise can provide relevant information in accordance with the relevant provisions of the Enterprise Income Tax Law and its implementing regulations, and prove that the relevant transaction activities conform to the principle of independent transactions (its interest expenditure does not exceed the amount calculated based on the similar loan interest rate of the financial enterprise over the same period); Or if the actual tax burden of the enterprise is not higher than the domestic related party, the interest expenses actually paid to the domestic related party shall be deducted when calculating the taxable income.

(5) When calculating the taxable income, the actual interest expenses paid by the enterprise to related parties shall not be deducted in the proportion of 2: 1, and the excess shall not be deducted in the current and subsequent years. If it does not comply with the principle of independent transactions, the deductible interest limit before the corporate income tax of Company A is 1000 * 6.5% = 650,000 yuan

Twenty-seven million yuan of investment other than the registered capital is deducted from the capital reserve. How to pay taxes?

(1) The portion of the company's shareholders that actually contributes more than the registered capital is recorded in capital reserve. The unit shall issue a receipt to the shareholders and record it based on the receipt.

  • Loan: Bank deposit 4200
  • Loan: 500 paid-in capital
  • Capital reserve 3700

二 (2) Stamp tax is paid according to the books of recorded funds, and decals are based on the total amount of paid-in capital and capital reserve of 0.5 ‰

Stamp tax = 4200 * 0.5 ‰ = 21,000 yuan (Since May 1, 2018, stamp tax is halved on the fund book decals deducted at a rate of five ten thousandths)

Through the analysis of the above two different funding methods, the tax difference need not be counted, it is obvious. It is not difficult to conclude that for investors, the subsequent development of the enterprise is nothing more than two situations:

I. Optimistic operating conditions


Expenditure by capital reserve: If the operating situation is optimistic, it will definitely require additional investment or change the equity structure. At this time, it is most appropriate and ideal to transfer capital from capital reserve to increase capital without increasing tax costs.

Expenditure by company's borrowing: If the operating conditions are optimistic, although the interest on borrowings can be part of the income tax before the income tax, and a part of the income tax is less, but for the entire shareholder, tax costs need to be paid, but the enterprise must develop, so It is difficult to return this part of the funds to shareholders, resulting in the need for enterprises to increase part of their tax costs.

Twenty-two, poor operating conditions


Expenditure by capital reserve: If the operating conditions are not good, expenditure by capital reserve will not increase the tax cost and capital flow pressure of the value-added enterprise, which can allow the enterprise to strengthen the capital turnover to survive the crisis.

Expenses by the company's borrowing: If the operating conditions are not good, it is not only inappropriate to bear not only the operating pressure, but also the cost of taxes and the pressure of capital flow, which makes the business worse.

So, bosses, if you want to make your business bigger, I would like to invest more than the registered capital at the beginning of the period. From a long-term perspective, it is recommended that you include capital reserves.