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Our Services

Accounting
Tax
HR & Payroll
MEGI Setup
Company Formation
Other Services
Accounting

BASIC BOOKKEPPING

Removing the hassles of getting your books compliant to Chinese local accounting and taxation regulations.

LET’S TALK
  • MEGI Cloud Accounting Software subscription
  • Initial Setup
    • Structuring your financial administration, internal control and reporting system
    • Reconciliation between statutory book and management book
  • General ledger maintenance and statutory reporting
    • Maintaining accounting books and records in accordance with PRC accounting standards
    • Preparation of the financial statements in PRC statutory format
    • Filing of the statistic report
  • Annual compliance
    • Coordination with the auditor regarding statutory audit
    • Annual reporting to local Administration of Industry and Commerce and other government authorities

VIRTUAL CFO

By acting as your external CFO, our professional consultant directs and monitors your internal administrator to carry out the accounting and reporting activities. We oversee your financials and make sure that your business is always on the right track.

LET’S TALK
  • MEGI Cloud Accounting Software subscription
  • Initial Setup
    • Structuring your financial administration, internal control and reporting system
    • Reconciliation between statutory book and management book
  • Cloud Accounting Software Implementation
    • Studying your operations and control requirements and finding the best Megi procedures for your business
    • Properly setting up and configuring Megi cloud accounting system
    • Correctly entering opening balances
    • Converting historical data from legacy system
    • Training you and your staff
    • Customization development of printing layout and management reports
  • General ledger maintenance and statutory reporting
    • Maintaining accounting books and records in accordance with PRC accounting standards
    • Preparation of the financial statements in PRC statutory format
    • Filing of the statistic report
  • Management reporting
    • Reconciliations between PRC GAAP and IFRS / US GAAP
    • Customized internal management reporting
    • Consolidated financial statements among multiple business entities
    • Customization development of functionalities for your non-standard requirements
  • Professional financial analysis and management advisory
    • Advising on accounting policies and procedures
    • Analysis of key ratios and indicators of financial performance to check the health of your business
    • Profitability and cost analysis by service line, product line or business sector
    • Cash flow forecasting
    • Budget preparation
    • Detecting problems, identifying opportunities, and providing financial insights
    • Regular meetings with the management to review and interpret financial results, as well as offer insightful advices.
  •  Annual compliance
    • Coordination with the auditor regarding statutory audit
    • Annual reporting to local Administration of Industry and Commerce and other government authoritie
Tax

TAX COMPLIANCE

We will assist you in compiling the statutory tax forms on a timely basis for submission to the PRC local and state tax bureau.

LET’S TALK
  • Value Added Tax (VAT) compliance
  • Corporate Income Tax (CIT) compliance
  • Other applicable tax compliance
  • Liaisons with tax authorities in relation to tax issues

TAX ADVISORY

By leveraging the in-depth knowledge of China local taxation regulations and practical tax expertise, we diagnose your overall tax situation and help optimize your tax structure, maximize your tax interests, and lower your tax risks.

LET’S TALK
  • Studying the nature of your business transactions
  • Preparing and submitting tax optimization schemes and implementation procedures
  • Training the management of tax optimization scheme
HR & Payroll

LOCAL PAYROLL MANAGEMENT

LET’S TALK
  • Calculating the payroll, arranging salary payments and issuing pay-slips to employees
  • Statutory social insurance and housing fund scheme compliance
  • Individual Income Tax return preparation and filing
  • Employee leave and claim administration

EXPATRIATE IMMIGRATION

LET’S TALK
  • Work visa and residence permit application and maintenance
  • Monitoring the travel record
  • Calculating PRC Individual Income Tax liabilities and preparing the tax returns
  • Planning the Individual Income Tax to minimize PRC tax exposure
MEGI Setup

MEGI SETUP ONLY

LET’S TALK

Structure your accounting system and setup MEGI for you

  • Customize Chart of Accounts for your industry
  • Setup company information
  • Setup bank accounts + bank statement manual import template
  • Setup tracking categories
  • Create expense items
  • Setup standard payroll pay items
  • Customize invoice, credit notes, and journal entry templates
  • Import contact and employee information
  • Import / migrate opening balance
  • Issue initial logins for the team members

MEGI TRAINING ONLY

LET’S TALK

How to effectively use your Megi suite. 4 hours training for up to 6 users.

  • Customized 4-hour’s training on your Megi setup
  • Training conducted by a Megi Certified Advisor
  • Performed at our premises or your office for up to 6 users
  • Accounting knowledge

MEGI SETUP, TRAINING & SUPPORT PACKAGE

LET’S TALK

Comprehensive setup and training service to put your accounting information at your fingertips.

Setup

  • Customize Chart of Accounts for your industry
  • Setup company information
  • Setup bank accounts + bank statement manual import template
  • Setup tracking categories
  • Create expense items
  • Setup standard payroll pay items
  • Customize invoice, credit notes, and journal entry templates
  • Import contact and employee information
  • Import / migrate of opening balance
  • Issue initial logins for the team members

Training

  • Customized 4-hour’s training on your Megi setup
  • Training conducted by a Megi Certified Advisor
  • Performed at our premises or your office for up to 6 users

MEGI Support

  • Post-implementation support for 3 months
  • All queries must be submitted via email
  • Support via video conference, email or phone
  • Accounting knowledge
Company Formation

ONSHORE COMPANY FORMATION

LET’S TALK
  • Advising on the type of entity and the appropriate corporate structure
  • Registration of entity according to China legal requirements
  • Advising on compliance with relevant laws and regulations governing businesses and other entities
  • Implementation of corporate restructuring exercises

OFFSHORE BUSINESS

LET’S TALK
  • Advising on the offshore structure and regulatory compliance
  • Offshore company incorporation
  • Provision of company secretarial services
  • Provision of company registered office
  • Attending to changes in company name, alteration of the Memorandum and Articles of Association, etc.
  • Handling liquidation and dissolution of business
Other Services

TREASURY & PAYMENT

LET’S TALK
  • Advising on the expense claim policies
  • Processing supplier payments and staff reimbursements
  • Bank account maintenance
  • Monthly bank statement reconciliations

AR & INVOICING

LET’S TALK
  • Processing commercial invoices
  • Preparation of AR ageing report
  • Issuance of output Value Added Tax fapiao
  • Verification of input Value Added Tax fapiao