China Services

Our offices can assist you to establish a company or office in China based on your requirements and also provide the on-going services, such as corporate secretarial, accounting, payroll and corporate tax filing services.

Company formation and Corporate secretarial services

Advising, from a corporate secretarial perspective, on the initial set-up and the form an entity could take in China (such as wholly foreign owned enterprise, joint venture, branch, representative office or foreign invested partnership)
Providing advice on licensing requirements and regulatory approvals
Establishing the optimal corporate structure and arranging for incorporation or registration of legal entities
Opening different types of bank accounts
Annual inspection
Attending to compliance works on corporate changes
Attending to the close down/de-registration procedures of entities
Custody of company chops and important documents
Advising on other basic compliance requirements

Corporate accounting services

Maintaining accounting records including cash books, general ledgers, fixed asset registers, account receivables and payable sub-ledgers etc.
Preparing periodic unaudited financial statements, tailor-made financial reports, cash flow statements and budgets for management purposes
Management of accounts receivables & payable
Liaising with clients’ auditors during the annual audits of the financial records
Bank account management and payment processing
Preparing annual statutory financial statements
Implementing an accounting system, including setting up a chart of accounts appropriate for clients’ reporting requirements
Assisting clients to draft appropriate accounting policies and procedures
Seconding professional accountants to clients to handle day-to-day financial affairs on a short term full time or part-time basis
Reviewing clients’ account records to ensure their preparation is in accordance with PRC GAAP and accounting rules
Providing training for clients’ in-house accounting staff

Payroll outsourcing services

Administering the confidential payroll process, including calculating the employees (including expatriate employees)’ gross remuneration, Individual Income Tax, employer’s and employees’ respective social security and housing fund contributions and crediting the net remuneration to individual employees’ bank accounts
Preparing customized payroll reports
Ensuring employees are paid on time and provided with pay slips in paper or electronic form
Assisting newly set up entities on registrations with Human Resources and Social Security Bureau and Housing Fund Management Center
Handling those labor compliance works for new or resigned employees
Assisting employer to attend the compliance works as a withholding agent of Individual Income Tax, including but not limited to the preparation of monthly Individual Tax returns and filing them to the Tax Bureau
Attending to the compliance works of social security and housing fund matters, including but not limited to the monthly reporting to Human Resources and Social Security Bureau and Housing Fund Management Center on them social security and housing fund contribution
Maintaining the leaves record of the employees
Reviewing the expenses reimbursement claims to ensure compliance with company policies and tax requirements
Drafting staff handbook or HR policies in accordance with clients’ requirements and to comply with relevant labor rules and regulations
Reviewing employment contracts for labor laws compliance
Attending to the procedures for hiring expatriate employees; assisting expatriate employees to apply for work permits and resident permits

Corporate tax filing services

Filing services on Corporate Income Tax, VAT, Business Tax, Property Tax, Local Levies and Stamp Duty
General VAT taxpayer application and subsequent set up of tax control system
Tax invoices issuance and purchase
Withholding Tax reporting for overseas payments
Payment of China Tax on behalf of overseas entities

Contact us for these Services