The national tax department has instructed all provincial and municipal tax offices to immediately conduct a comprehensive review of hundreds of thousands of taxpayers who are no longer operating or cannot be traced at their official domicile addresses. This strategic step aims to clean up the tax identification number (TIN) database to create a more accurate and transparent administrative system.
In total, there are more than 617,000 business entities on the monitoring radar. The first group includes approximately 291,962 companies that have ceased operations but failed to complete official dissolution procedures. Authorities require these business owners to immediately settle their tax obligations and report their dissolution status by July 15 at the latest.
Additionally, as many as 325,500 other companies were detected as no longer occupying the addresses registered in government data. For companies that have been inactive for more than a year without official notice, the authorities will coordinate with the business registration authority to take firm action, including the revocation of the Business Registration Certificate, in accordance with applicable regulations.
As a form of transparency, the government will also publicly release the list of these problematic companies through the tax authority's official website and bulletin boards at each tax office. This policy is part of the government's efforts to meet international commitments regarding the exchange of tax information, while also regulating economic data to align with population administration and licensing data.
All levels of regional tax offices have been instructed to maximize resource mobilization and establish cross-sector coordination with the police, financial institutions, and local governments. The resolution process for all administrative and enforcement stages is targeted for complete completion before July 17.
