What will happen if the company does not do accounting and tax returns after registration?

1. The company has not kept accounts since its registration. According to the provisions of Article 42 of the Accounting Law, the financial department of the people's government at or above the county level shall order it to make corrections within a time limit, and if it fails to set up accounting books according to law, the unit shall be fined not less than 3,000 yuan but not more than 50,000 yuan, and administrative penalties shall be imposed. If a crime is constituted, criminal responsibility shall be investigated according to law.

2. If the company fails to file tax returns, it shall bear the consequences according to Article 60 of the Law of People's Republic of China (PRC) on Tax Collection and Management: a fine of less than 2,000 yuan; If the circumstances are serious, a fine of two thousand yuan or more and ten thousand yuan or less shall be imposed; Failing to apply for tax registration, the tax authorities shall order it to make corrections within a time limit; If no correction is made within the time limit, the administrative department for industry and commerce shall request the tax authorities to revoke their business licenses.

Extended data

legal ground

People's Republic of China (PRC) accounting law

Article 42

In violation of the provisions of this law, anyone who commits any of the following acts shall be ordered by the financial department of the people's government at or above the county level to make corrections within a time limit and may be fined between 3,000 yuan and 50,000 yuan; The directly responsible person in charge and other directly responsible personnel may be fined between 2,000 yuan and 20,000 yuan; Those who belong to national staff shall also be given administrative sanctions by their units or relevant units according to law.

(1) Failing to set up accounting books according to law; ?

(2) setting up accounting books without permission; ?

(3) Failing to fill in or obtain the original vouchers in accordance with the provisions, or the original vouchers filled in or obtained are not in conformity with the provisions;

(four) according to the unaudited accounting vouchers, the accounting books are registered or the registered accounting books are not in conformity with the provisions; ?

(5) changing the accounting treatment method without authorization; ?

(6) The compilation basis of financial and accounting reports provided to different users of accounting data is inconsistent; ?

(seven) failing to use written accounting records or functional currency in accordance with the provisions; ?

(8) Failing to keep accounting data in accordance with regulations, resulting in damage or loss of accounting data; ?

(nine) failing to establish and implement the internal accounting supervision system of the unit in accordance with the provisions, or refusing to supervise according to law or failing to provide relevant accounting information and relevant materials truthfully; ?

(10) The appointment of accounting personnel does not conform to the provisions of this Law. If one of the acts listed in the preceding paragraph constitutes a crime, criminal responsibility shall be investigated according to law. ?

People's Republic of China (PRC) tax collection management law

Article 60 If a taxpayer commits one of the following acts, the tax authorities shall order it to make corrections within a time limit and may impose a fine of less than 2,000 yuan; If the circumstances are serious, a fine of two thousand yuan or more and ten thousand yuan or less shall be imposed:

(1) Failing to go through the tax registration, change registration or cancellation registration within the prescribed time limit;

(2) Failing to set up and keep accounting books or keep accounting vouchers and relevant materials in accordance with regulations;

(3) failing to submit the financial accounting system, financial accounting treatment methods and accounting software to the tax authorities for future reference;

(4) Failing to declare all bank account numbers to the tax authorities as required;

(five) failing to install and use the tax control device in accordance with the provisions, or damaging or replacing the tax control device without authorization.

If the taxpayer fails to apply for tax registration, the tax authorities shall order it to make corrections within a time limit; If no correction is made within the time limit, the administrative department for industry and commerce shall request the tax authorities to revoke their business licenses.

Taxpayers who fail to use the tax registration certificate in accordance with the provisions, or lend, alter, damage, buy, sell or forge the tax registration certificate shall be fined more than 2,000 yuan 1 10,000 yuan; If the circumstances are serious, a fine of not less than ten thousand yuan but not more than fifty thousand yuan shall be imposed.

Article 61 If a withholding agent fails to set up and keep the account books for withholding and collecting taxes or keep the accounting vouchers and relevant materials for withholding and collecting taxes in accordance with the provisions, the tax authorities shall order him to make corrections within a time limit and may impose a fine of less than 2,000 yuan; If the circumstances are serious, a fine of not less than two thousand yuan but not more than five thousand yuan shall be imposed.

Article 62 If a taxpayer fails to file tax returns and submit tax information within the prescribed time limit, or a withholding agent fails to submit a tax withholding report and relevant information to the tax authorities within the prescribed time limit, the tax authorities shall order it to make corrections within a time limit and may impose a fine of less than 2,000 yuan; If the circumstances are serious, a fine of not less than two thousand yuan but not more than ten thousand yuan may be imposed.

Baidu Encyclopedia-Accounting Law

Baidu Encyclopedia-People's Republic of China (PRC) Tax Collection and Management Law