Hainan Company Accounting and Bookkeeping
Update time:2018-6-6 14:55:40 source:Tannet Views:922
Hainan company accounting and bookkeeping is required once your company is officially registered, as all the companies incorporated in China are required to maintain proper accounting records in accordance with China’s accounting standards and to report taxes on both monthly (for business tax, individual income tax) and quarterly (corporate income tax) basis. Late submissions will face penalties and surcharges.
Tannet’s financial advisors can not only help the management to focus on core business but also allow the management has a better control of the financial information, ease administrative burden and manage compliance risk.
Managing you accounting and bookkeeping in Hainan
All foreign-invested enterprises in China are required to prepare annual financial statements, including balance sheets and income statements for their annual Chinese audit (conducted by a CPA registered in China). RMB is the base currency for ledgers and financial reports.
Many business owners can, effectively, only manage a handful of staff. Rather than doing everything internally and specializing in all relevant business activities, business owners should think about what activities to outsource. Outsourcing is when a company subcontracts an outside person or firm to provide a product or service such as bookkeeping or payroll processing.
Tannet’s Services
After the establishment of corporation, we will arrange professional accountants for all the issues such as accounting establishment, accountant settlement and tax declaration, etc.
In details:
Tax Registration;
Accounting system set-up;
Maintenance of cash book;
Bookkeeping services;
Purchase blank VAT invoice;
Monthly VAT filing (Including calculation of tax burden);
Filing and submission of monthly and quarterly financial statement;
Management of Bank Account Services
Tax Declaration;
Annual audit assistance;
Annual inspection support;
Other financial advisory.
Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling our hotline at 86-755-82143181, 86-755-82143422, or emailing to tannet-solution@hotmail.com. Our experienced consultants will be glad to assist and advice on how to approach your particular challenge.