Monthly China Accounting Services 
Unlike many other countries, China requires that companies file taxes monthly, for business and individual income taxes, and quarterly for VAT and corporate income taxes. For You Business company offer services to onboard new clients, whether they have recently registered their WFOEs or those that have decided to outsource their accounting work, and help to maintain high quality records to comply with Chinese government accounting standards and maintain a high tax rating with the Chinese tax bureau. 

Benefits
>Up-to-date month financial status
>An accurate assessment of how much tax should be paid
>Profit and Loss statements provided in both English and Chinese
>Individual income tax forms for staff and management
>Consistently maintain a high rank with the tax bureau (B and above)
>Provide insider insight into best practices when working with Chinese tax bureau
>Reduce the potential overhead of hiring full-time accounting staff

Monthly Accounting & Tax Process
Here's what For You Business company  will take out of your hands:
(1) Initial accounting system set-up; 
(2) Update the books of WFOE in accordance with Chinese Accounting Standards;
(3) Prepare monthly financial statements for tax filing purpose;
(4) Prepare monthly financial statements for tax filing purpose and submit if applicable;
(5) File monthly Business Tax Return;
(6) File Corporate Income Tax Return, Quarterly;
(7) Individual Income Tax Filing for local employees;
(8) Individual Income Tax Filing for expat employees;