In the mainland, this includes preparing the monthly accounts and reports that must be provided to the tax bureau and other authorities. In compliance with Chinese regulations, we prepare these documents in Chinese, taking into account the prescribed formats and other documentary requirements using fully registered and authorized accounting softwares.
In addition, we are able to provide you, with a monthly dashboard and a translation in English, of your ledgers, in order to ensure full transparency over your China operations, freeing your time and your mind to let you concentrate on managing them.
The continuing growth of world trade over recent years has led to greater centralization of operational functions within a business, and companies are creating commercial "hub" to drive these centralized functions.
As a typical example, increasingly, businesses are using Hong Kong as such a hub (or reinvoicing centre) to make use of its favorable distribution costs, convenient time zone (especially for trading with China and other Asia-Pacific countries), efficient banking system and its lack of exchange control.
As one of the world's leading international business centre, reinvoicing centre operating in Hong Kong also have strong commercial substance unrivalled by those based in other tax havens. If structured properly, companies can enjoy favourable tax concessions in Hong Kong.
Our professionals are experienced in international trade legislation and we provide comprehensive management and administrative support for tax efficient reinvoicing operations in Hong Kong.
Typical services include:
- Handling letters of credits and shipping documents
- Operating bank accounts
- Tax planning
- Effecting purchase orders
- Issuing sales invoices
- Comprehensive accounting and reporting services
- Property rental agency