个人独资企业 (Sole proprietorship enterprise)China
What it takes to form, own and run a sole trader in China, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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设立个人独资企业应当具备下列条件： (一) 投资人为一个自然人； (二) 有合法的企业名称； (三) 有投资人申报的出资； (四) 有固定的生产经营场所和必要的生产经营条件； (五) 有必要的从业人员。
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
Not in our records A notary, A resident director, Paying up the capital: none of these is in our records for the 个人独资企业 (Sole proprietorship enterprise).
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- At least 1 · at most 1 · individuals only
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投资人为一个自然人；
- Members
- At least 1 · at most 1 · one person may form it alone
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由一个自然人投资，财产为投资人个人所有，投资人以其个人财产对企业债务承担无限责任的经营实体。
- A local company secretary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A local registered agent
- Not required
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设立个人独资企业应当具备下列条件： (一) 投资人为一个自然人； (二) 有合法的企业名称； (三) 有投资人申报的出资； (四) 有固定的生产经营场所和必要的生产经营条件； (五) 有必要的从业人员。
Each year, at the registry
Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the 个人独资企业 (Sole proprietorship enterprise).
Important dates
When each obligation falls due, as the authority states it.
- Investor or liquidator files the liquidation report and applies for deregistration within
- 15 days after period end of final accounts
With 登记机关 (registration authority)
What is public
Not in our records What the register shows the public is not in our records for the 个人独资企业 (Sole proprietorship enterprise).
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Through owners
Not subject to enterprise income tax; the investor's business income is taxed under individual income tax
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个人独资企业、合伙企业不适用本法。
- CFC rules in China
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Dissolution; self-liquidation by the investor or a court-appointed liquidator; deregistration within 15 days of the liquidation report
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个人独资企业清算结束后，投资人或者人民法院指定的清算人应当编制清算报告，并于15日内到登记机关办理注销登记。
- Statutory fee
- Not in our records
Every business in China
VAT
- The tax
- VAT (value added tax)
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第十条 增值税税率： （一）纳税人销售货物、加工修理修配服务、有形动产租赁服务，进口货物，除本条第二项、第四项、第五项规定外，税率为百分之十三。
- Standard rate
- 13%
The VAT Law passed on 25 December 2024 applies from 1 January 2026 with the 13%, 9% and 6% rates; a 3% levy rate applies under the simplified method.
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第十条 增值税税率： （一）纳税人销售货物、加工修理修配服务、有形动产租赁服务，进口货物，除本条第二项、第四项、第五项规定外，税率为百分之十三。
- Other rates
- 9% Transport, postal and basic telecommunications services, construction, leasing and sale of real estate, transfer of land-use rights, and listed goods such as agricultural products, edible oil and salt, water, gas and heat, books and newspapers, feed, fertiliser, pesticides, farm machinery and film
- 6% Services and intangible assets other than those taxed at 13%, 9% or zero
- 0% Exports of goods and cross-border sales of services and intangible assets within the scope set by the State Council
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（二）纳税人销售交通运输、邮政、基础电信、建筑、不动产租赁服务，销售不动产，转让土地使用权，销售或者进口下列货物，除本条第四项、第五项规定外，税率为百分之九：
- Registration threshold
- CNY 5,000,000 · about €666,676
annual VAT-taxable sales (年应征增值税销售额); above it registration as a general taxpayer is compulsory; continuous 12 months or four quarters
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本法所称小规模纳税人，是指年应征增值税销售额未超过五百万元的纳税人。
- A foreign company
- no local representative required
Where a unit or individual outside China carries out a taxable transaction in China, the purchaser is the withholding agent; the foreign supplier may instead appoint a domestic agent to file and pay under State Council rules, so no agent is required of it.
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第十五条 境外单位和个人在境内发生应税交易，以购买方为扣缴义务人；按照国务院的规定委托境内代理人申报缴纳税款的除外。 扣缴义务人依照本法规定代扣代缴税款的，按照销售额乘以税率计算应扣缴税额。
- Returns filed
- Depends on the business
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第三十条 增值税的计税期间分别为十日、十五日、一个月或者一个季度。纳税人的具体计税期间，由主管税务机关根据纳税人应纳税额的大小分别核定。不经常发生应税交易的纳税人，可以按次纳税。 纳税人以一个月或者一个季度为一个计税期间的，自期满之日起十五日内申报纳税；以十日或者十五日为一个计税期间的，自次月一日起十五日内申报纳税。
- Tax authority
- Registration page read 2026-10-22
Payment and banking services
1 service names China on its own list: Airwallex. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Sole traderDerived our grouping, the same words in every country
- Name in law
- 个人独资企业 (Sole proprietorship enterprise)
- Identifier
- CN-SOLE-PROPRIETORSHIP-ENTERPRISEA form ISO 20275 does not list.