We recognize that for many companies the administrative burden of compliance with overseas tax regulations is often far greater than the financial burden of the taxes themselves.  Once registered, all companies, whether or not they are operational or profit centers must file tax declarations in a timely manner.  For small companies the amount of work required to maintain good tax standing is particularly burdensome.

According to the pertinent tax reporting laws in China, taxes may be due monthly, quarterly or annually. Some special tax considerations may also need to be taken into account at the pre-incorporation stage, such as customs duties, VAT scheduling, and so on, where advance deposits may need to be lodged with the authorities. We identify these at pre-incorporation level and ensure our clients are aware of all financial liabilities a new business has to absorb as part of its investment.  We can assist with business tax in China.

Our services include;  

●   Tax registration / alteration for corporate entities  

●   Implementation of tax filing software

●   Monthly IIT filing for local staff and expatriate

●   Monthly tax filings for business tax (BT), value added tax (VAT), customs tax, etc.                       

●   Quarterly tax filings for corporate income tax (CIT)

●   Application for general VAT payer status

●   Application for tax exemptions and benefits

●   IIT review & back filing

●   Specific tax issue settlement

Annual Declaration Services

In order to monitor currrent operation and tax payment status of entities, authorities require foreign invested enterprises to submit reporting documents annually. However, massive data works and complex procedures always bring a lot of trouble to enterprises. We can not only prepare all the paper work for our clients but also act as a bridge between clients and authorities, helping you through the maze and avoid late filings and inconsistency in reporting, which can attract penalties and surcharges.

Our services include:

●   Annual corporate income tax assessment

●   Annual inspection for foreign invested enterprises

●   Individual income tax yearly filing for local staff and expatriate

●   Statutory annual audit / PRC audit

●   Annual inspection for foreign exchange