Finance & Tax Agency Service

Policy Background:

Finance and Accounting Department Law: Beginning on January 1st, 2005, all small and medium enterprises operating in China are required to implement " Small Enterprise Accounting Processes and Policies ". All enterprises must have account keeping capabilities and must comply with all related tax codes. According to this, companies must either establish internal accounting personnel or must entrust the work to authorized agency which are engaged in accounting intermediary services.

Advantage:

• Bookkeeping can reduce labor cost,and related expense;
• Avoid the potential risks aroused by HR changes;
• Regulor accounting and auditing,and avoid accounting risks.

With the increasing focus on corporate internal control, tax compliance has never been so important. Compliance failure represents financial as well as operational risks.

We may help to free up the in-house resources so as to focus on higher value-added activity while keep abreast of the changing regulatory environment in China.Our professionals have been constantly studying opportunities to explore tax planning tools provided by the current  tax policy and legal regime in China, and have accumulated expertise in providing solutions on  taking advantage of preferential treatments for distinctive geographic regions or lines of business to lead to an optimized investment and management decisions.

We are eager to be your longstanding tax plan consultant,and will support clients with consulting and suggestion on tax 、foreign exchange issues,newly-published  policies and regulations, thus assisting you to avoid any policy risks. Based on the tax and foreign exchange regulations, we can advise you on innovative tax planning to reduce your tax expenses

WOFE & JV Service Item

1. Carrying out taxation consultation. Telephone consultation, consulting on the internet, looking up the accounts on the internet (limited the enterprises to keep accounts with computer), engaging the perennial tax advisors(Please read the detail of our center's service content).
2. Checking in the taxation, changing the taxation register and canceling the taxation register.
3. Checking in the invoice purchase and hand-in procedure except the VAT special invoices. Co-handling the VAT deductible anti-counterfeit tax control confirm procedure. The distribution of the stamp tax invoices.
4. Verifying the subjected taxation, undertaking all types of tax return and the withholding tax report, executing electric tax return service. To be expert in the individual income tax return procedure for the Chinese and foreigners.
5. Undertaking the tax payment, the agent of the reductions and exemptions, postponing the tax payment and making up the tax, tax reimbursement(exemption) on exported goods, over-duty return.
6. Checking the situations of tax payment, undertaking the tax liquidation, late fee, the penalization for the non-withholding income tax and un-rebate or un-payment tax and evade taxation.
7. Coordinating the relevant items of taxation. Putting to use rich experience and the deep understanding to the tax regulations offering communication between the enterprises and taxation administration, explaining circumstance clearly and trying to pay reasonable tax.
8. According to the type of the enterprises and difference among themselves, enjoying the special treatment policy.
9. Setting up accounts and systems, undertaking accounts. Drawing up the reasonable tax basis for the new enterprises and advising the best way to save tax.

Representative office Service Item

1. Tax-free applications for representative office
2. Personal income tax registration for chief representative officer, Chinese and expatriate representatives, salary check, personal income tax sheet making and agency application for expatriates
3. Tax check for representative office
4. All prolong procedure agency for representative office
5. Logout procedure agency for representative office
6. Accounts keeping and duty declaration (depends on monthly expense)
7. Annual operation report agency for tax free representative office
8. Annual expense audit report for representative office (depends on annual expense)
9. Coordination and deal with other tax concerned issues for representative office, including late fee derate application (depends on the difficult level of each case)
10. Consultant member fee for representative office