What are the benefits of Golden Tax Phase 4 for foreign trade enterprises?

Popularization of Electronic Invoices: The promotion and implementation of Golden Tax Phase IV will make the use of electronic invoices more common, affecting the record - keeping, storage, and tax - filing work of foreign - trade enterprises.

Improvement of Tax Management: Golden Tax Phase IV has enhanced the tax authorities supervision ability over taxpayers tax obligations, affecting the importance that foreign - trade enterprises attach to tax management.

Data Standardization: Golden Tax Phase IV has promoted data standardization, affecting the data management and filling of foreign - trade enterprises.

Anti - money - laundering Requirements: The implementation of Golden Tax Phase IV has strengthened the requirements for anti - money - laundering, affecting the importance that foreign - trade enterprises attach to anti - money - laundering.

Efficiency of Tax Management: The promotion of Golden Tax Phase IV will improve the efficiency of tax management, affecting the tax management efficiency of foreign - trade enterprises.

Improvement in Customs Clearance Efficiency: Phase 4 of the Golden Tax Project has achieved unified management of electronic declaration, inspection, tax rebate and other links through modern information technology, significantly improving customs clearance efficiency.

Trade Facilitation: Phase 4 of the Golden Tax Project has realized the integration of multiple certificates, streamlined the declaration and inspection processes, and enhanced trade convenience.

Strengthened Security Control: Phase 4 of the Golden Tax Project has improved the security of customs clearance data and information, tightened control over the authenticity and legality of declaration materials, and effectively prevented illegal activities such as smuggling and money laundering.

Shortened Declaration Time Limit: Phase 4 of the Golden Tax Project has achieved the reform of the documentary system through digital declaration, greatly shortening the declaration time limit and improving declaration efficiency.

Standardized Tax Rebate Procedures: Phase 4 of the Golden Tax Project has standardized tax rebate procedures, strengthened tax rebate supervision, and effectively ensured theExport Drawbacklegality of funds.

Overall, the impact of Phase 4 of the Golden Tax Project on the foreign trade industry is to promote the digital and modern reform of declaration, tax rebate and other links, improve customs clearance efficiency, and optimize the trade environment.