Shenzhen is a city known for its innovation and development. In 2023, the city has set some requirements for individuals and businesses seeking to relocate and become taxpayers in the city. These requirements must be met before anyone can successfully apply for tax registration.
Firstly, individuals must meet at least one of the following conditions:
1. The legal representative or person in charge of a company who has accumulated a total tax amount of 3 million yuan or more in the past three consecutive tax years.
2. The individual proprietor of a business who has accumulated a total tax amount of 600,000 yuan or more in the past three consecutive tax years, or a limited liability company’s natural person shareholder whose proportion of tax payment in the company's paid-up capital is 60,000 yuan or more, or a general partnership’s investor whose proportion of tax payment in the partnership's capital is 60,000 yuan or more.
3. An individual industrial and commercial household operator who has accumulated a total tax amount of 300,000 yuan or more in the past three consecutive tax years.
4. An individual who has legally paid personal income tax of 240,000 yuan or more while being employed in Shenzhen.
Apart from legally employed individuals, other applicants must have held the same position in the same enterprise (i.e., with the same unified social credit code) for the past three consecutive years to be eligible.
Secondly, applicants must be aged 50 or below. If the tax amount paid is more than one times the set limit, the relocation age is extendable to 55 years old (excluding 55 years old) and below.
Thirdly, if an applicant's household registration book's "service location" column shows that the applicant is a staff member of a government agency or institution (i.e., a ministry, committee, office, or bureau), the applicant must present a non-permanent and approved statement issued by the institution that agrees to the transfer of the registered household or change of the household registration's "service location" information.
Fourthly, an applicant must have no records of participating in any activities or organizations prohibited by the government.
To apply for tax registration, applicants must provide proof of tax payment, screenshots stamped by the Industrial and Commercial Bureau indicating the shareholders and the company, household registration books, identity cards, and marriage certificates if applicable. The entire process takes between one to two months.
In conclusion, these requirements for tax registration are mandatory for individuals and businesses seeking to relocate their tax registration to Shenzhen. It is essential to ensure that the conditions are met before applying to avoid rejections and delays in the process. Shenzhen welcomes individuals and businesses who fulfill these requirements to relocate to the city and become a part of its thriving economy.