Representative offices of foreign companies in China are required to keep accounting records, file tax returns and pay taxes on a monthly or quarterly basis. Also it should once a year renew registration documents of representative office and pass audit procedure.
China Orientir specializes at providing accounting services for representative offices of foreign companies in China (Guangzhou). Our prices for accounting services for representative offices of foreign companies in China are very competitive.
Plus we provide additional China visa service (work permit and residence permit) for foreign staff of representative offices in China for free!
Our company specialization:
CHINA ORIENTIR company since beginning specializes at providing of accounting services for foreign companies' representative offices in China (Guangzhou).
Accounting service for Representative offices (RO) of foreign companies in China:
Accounting service in our company includes the following:
- preparing of supporting documentation (bank statements, bank advices, expenses invoices, etc);
- bookkeeping (maintaining books and records in accordance with China rules);
- maintaining general ledger;
- preparation of financial statements in conformity with the accounting provisions of the People's Republic of China;
- preparing of monthly report on the calculation of tax payable in the current tax period in English for customer;
- preparing and filing tax reports to China tax authorities (Income tax, VAT, personal income tax, etc);
- consultations regarding taxes and accounting of foreign companies' representative offices in China.
Price for accounting services for RO is RMB,1500.00 per month.
The services range also can be catered to your needs, in this case the price will be negotiated separately.
Audit service for Representative offices (RO) of foreign companies in China:
- arrangement of compulsory procedure of annual audit. For foreign companies' China representative offices there are two reports should be issued by auditors: for tax authorities and for Industrial and Commercial Administration.
Price for audit services depends on RO's expenses and assets amount, beginning from RMB3,500.00 once a year (two audit reports).
Annual administrative inspection service for Representative offices (RO) of foreign companies in China:
- passing through mandatory procedure for foreign companies' China representative offices of annual inspection in various administrative institutions.
Price for annual administrative inspection is RMB1,000.00/year.
Additional services provided for free for foreign companies' representative offices in China :
When we provide accounting services we also offer for free the following services as a bonus:
- registration in local tax district offices;
- processing of tripartite agreement between tax authorities, customer's company and its bank, regarding possibility of withdrawal of tax payments from the bank account of the company;
- providing consultations and services on representative office staff employment procedure in China (conclusion of labor contracts and so on);
- processing of mandatory social insurance filings and payments for employees;
- China visa documents issuance and annual renewal procedures for foreign employees (work permit and residence permit, usually for one year, with annual prolongation).
Term of accounting related services in China for Representative offices in China:
These bookkeeping, accounting and tax services are provided on monthly, quarterly and annual basis:
- bookkeeping services on monthly basis, before approximately 10th day of each month;
- accounting services on monthly basis, before approximately 15th day of each month;
- tax services on monthly basis, before approximately 15th day of each month;
- employees social insurance payments on monthly basis, before approximately 20th day of each month;
- audit of financial statements on annual basis, before approximately 30 of March;
- annual inspection in various administrative institutions on annual basis, before 30 of June;
- foreign employees and their family China visa documents (work permit and residence permit) issuance and prolongation procedure on annual basis, every year the same time.