After being granted Enterprise Registration Certificate, in spite of not having conducted any business activities, the enterprise still has to perform tax reporting obligations. Types of tax reporting to be done include: Periodic tax reports: value added tax reports (performed on a quarterly basis); report on the use of invoices; personal income tax reports; extension of corporate income tax (if any). Year-end tax reports: annual financial statements; personal income tax finalization declaration; corporate income tax finalization declaration. Specific tax reports: special consumption tax; natural resource consumption tax; import and export tax…