GIO Offline Salon - Fiscal and Tax Planning for Cross-border Enterprises

For the cross-border e-commerce industry, there is usually a process of going through the "barbaric growth" stage, and there will be relatively few financial and tax regulations in this stage. Most business owners put their development focus on product creation and market expansion, and fiscal and tax issues have not attracted enough attention. With the rapid expansion of business, the financial management and control system has obviously lagged behind. Profit management, foreign exchange repatriation, cost allocation and matching, and intellectual property rights will obviously hinder the growth of the enterprise itself.

So how can enterprises build high-quality fiscal and tax planning in combination with their own business models? With the release of the epidemic, GIO, in line with the principle of solving problems for enterprises, joined hands with Lixin Tax Accountants, Raccoon Logistics, and PingPong to hold the "How to use high-level fiscal and taxation planning to promote cross-border Healthy development"theme salon, in the center of Zhengzhou on March 30.Mr. Wei Hui, tax partner of Lixin Tax Accountants Firm, was invited as the guest of honor. Here, I would like to thank the three partners and the audience for their support to the event.

After the business model and industry policies have been sorted out and refined, it is necessary to pay attention to the construction of the corresponding internal fiscal and taxation management system of the enterprise. Non-compliance with finance and taxation has the most direct impact on the company's cash flow, because the latter determines the survival and development capabilities of the company to a large extent, and will also affect the normal production and operation of the company. As an emerging industry, cross-border e-commerce still lacks mature financial management methods, and it is difficult to achieve compliance goals only by relying on financial personnel. So how to achieve this goal more efficiently has become a hot issue of concern to every cross-border person at the event.

2. Practice internal skills and maintain a "tradable state"

After the business model and industry policies have been sorted out and refined, it is necessary to pay attention to the construction of the corresponding internal fiscal and taxation management system of the enterprise. Non-compliance with finance and taxation has the most direct impact on the company's cash flow, because the latter determines the survival and development capabilities of the company to a large extent, and will also affect the normal production and operation of the company. As an emerging industry, cross-border e-commerce still lacks mature financial management methods, and it is difficult to achieve compliance goals only by relying on financial personnel. So how to achieve this goal more efficiently has become a hot issue of concern to every cross-border person at the event.

Enterprises need to promote the construction of enterprise information in a timely manner, so as to formulate standardized internal control procedures, establish a financial management system that meets its own characteristics, and implement it on a regular basis.

We hope that the sharing of this event can bring some new sparks of thinking to everyone in financial and tax planning.