
Our tax compliance service covers the following taxes which are essential for every business operating in China.
We also help you deal with other tax affairs which are necessary for running a business in China such as Annual Enterprise Income Tax Settlement.
The other matters we take care of include but are not limited to:
Employers in China need to pay social insurance contributions on employees’ earnings as well as withhold employees’ contributions deducted from their salary. China social insurance system consists of pension insurance, medical insurance, work-related injury insurance, unemployment insurance and maternity insurance. Our service helps you open accounts of social insurances, enroll employees, calculate monthly contributions, remit payments, make changes to enrollment, etc.
We provide you with a dedicated bookkeeper who will manage your records on a monthly basis and ensure your books comply with the tax requirements. In specific, we document your financial transactions, maintain your general and subsidiary ledgers, prepare the key financial statements (Statements of Assets and Liabilities, Cash Flow and Income) and submission of the financial statements to tax authorities.
During the phrase of forming your business in China, we will help you with the following matters.