As finance and taxation are essential for every company, legal and finance representatives from many companies gathered onsite to learn and discuss corporate structure and tax health.
The “2021 Tax Policy Interpretation” training aims to help enterprises enhance their finance teams' tax law application skills, enabling better adaptation to the increasingly stringent tax administration system.
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A New Journey Towards The Tuture: Sangma Technology Celebrates Successful Company Relocation
Reflecting the Past, Embracing the Future:Sangma Technology’s 2024 Retrospective
Leadership Summit:51 Individual Tax Wins Best Enterprise Service Provider Award for Digital Transformation of the Year
Nanjing Session:Tax Health Management Seminar Successfully Concluded
Beijing Session:“Addressing Tax and Financial Issues for SMEs” Training Successfully Concluded
On this joyful day, the entire Sangma Technology team came together to celebrate company relocation, which also officially announced the rebranding from “51 Individual Tax” to “Sangma Technology”.
In 2024, Sangma Technology has gone through a progressive yet challenging year. We not only have solidified new business steps, but also incubated a new product . None of this could have been achieved without the dedication of all our employees. Here, we present a snapshot of our journey in 2024.
In the digital era, over 600 entrepreneurs and industry leaders gathered to explore digital life, digital services, and digitalfuture, with over 60,000 joining via live photo and video streams.
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"Business use of personal vehicles" refers to situations where employees use their personal cars for work-related purposes—typically because the company lacks sufficient official vehicles or due to the specific nature of certain job roles. In such cases, companies reimburse employees for associated costs such as fuel, tolls, and vehicle maintenance.
After the implementation of the VAT reform, some industries faced an extremely high tax burdens due to the lack of VAT invoices. Net-of-net tax emerged in this context as a practical solution. For businesses applying margin taxation, many taxpayers are concerned about whether special VAT invoices can be issued.
Project details indicate that, based on the existing framework of the Electronic Tax Bureau, a new reporting feature will be added for tax-related information from flexible employment platform enterprises. The reported data will be used for risk identification, further advancing tax supervision of platform-based businesses.
According to statistics, by the end of 2019, the total number of self-employed businesses in China exceeded 150 million, accounting for over 95% of all enterprises, creating significant social employment opportunities and economic value.
Pain Points and Solutions in the Business Use of Personal Vehicles
Can Special VAT Invoices Be Issued for Net-of-Tax Items
Tax Oversight Tightens: Flexible Workforce Platforms' Tax Information to Jionthe E-Tax System
ChatGPT: Analysis of Trends and Compliance Management for Self-Employed Businesses in China