PRC-licensed CPA firm · Guangzhou

Your China entity has to file every year.
We make sure it does — in English.

Foreign-invested companies in China run the same annual cycle: statutory audit, tax settlement, foreign-exchange reporting. We handle the whole cycle, issue reports your head office can actually read, and agree a fixed fee before work starts.

For WFOE Joint venture Rep office HK / SG / BVI parent FIE

English or bilingual reports

by the auditor who signs them

PRC GAAP ↔ IFRS

tie your China numbers to headquarters

Fixed fee in writing

agreed before fieldwork starts

1-day reply in English

one named contact, no ticket numbers

Licensed by Guangdong Dept. of Finance Approval 粤财会〔2018〕51号
Practice licence No. 44010251 Checkable on the Ministry of Finance register
English & bilingual reports Issued as standard, no translation surcharge
NDA on request Signed before any document changes hands

Built for foreign-invested entities in the Pearl River Delta

WFOEs, joint ventures and representative offices Manufacturing, trading, services and R&D centres Guangzhou base, filings handled nationwide Reports used for SAMR, SAFE, tax and bank filings Parent-company reporting in English Fixed fee in writing before fieldwork

Services

What foreign companies in China actually need

Ordered by how often foreign-invested entities come to us — from setting up, through the annual filing cycle, to getting money back out.

Most clients start here

Annual Compliance Package

Audit, CIT settlement, FX inspection and annual report filing — all four of your annual obligations, in one fixed fee against one calendar, with one contact who answers in English. Price it yourself on the calculator before you contact us.

Price your package
Annual requirement

Statutory Annual Audit

The year-end audit your entity must have. We prepare financial statements under PRC GAAP, audit them, and deliver an English or bilingual report your head office can read without a translator. Filed ahead of the 30 June deadline.

What you receive
Setting up / injecting capital

Capital Verification (FDI)

Injected capital has to be verified by a PRC CPA firm before it can be converted and used. We issue the capital verification report your bank and the foreign-exchange bureau require, and confirm the funds arrived from the right entity.

What you receive
Annual requirement

FX Annual Inspection

The foreign-exchange compliance filing on your capital account. We reconcile cross-border receipts, payments and shareholder loans, prepare the supporting audit position, and get it filed so your account stays usable.

What you receive
Getting money out

Tax & Profit Repatriation

Dividend distribution needs an audit confirming distributable profit, plus tax clearance and SAFE documentation. We prepare the audit position and the papers your bank will ask for before funds leave China.

What you receive
Before you invest

Cross-border Due Diligence

Acquiring or investing in a Chinese company? We test whether the books reflect reality — revenue recognition, related-party balances, tax exposure, unpaid social insurance — and report in a format your investment committee can act on.

What you receive
Ongoing

Compliance & Regulatory Control

A structured review of whether your entity is meeting its filing, tax, labour and foreign-exchange obligations. You get a written gap list ranked by severity — not a reassurance that everything looks fine.

What you receive
Head office requirement

Internal Audit & Risk Control

Control testing scoped to what your head office requires — procurement, inventory, cash, related-party transactions — with findings reported in English and tracked through to closure.

What you receive
As needed

Advisory

Direct access to a licensed practitioner for the questions that do not fit a service line: structuring a new entity, treaty treatment, transfer-pricing exposure, or what a local bureau will realistically accept.

What you receive

Why WFOE CFOs hire us

The four problems we exist to solve

Not “professional and efficient”. These are the specific complaints we hear from foreign companies before they switch to us.

Your report lands in Munich and nobody can read it

The audit is finished and signed, and then someone in your finance team spends a week finding a translator who understands the difference between an unqualified and a qualified opinion. By then the nuance that mattered is gone.

What we do instead: the report is issued in English, or bilingual in one bound document. The auditor who signs it writes the English. No translation layer, no drift in meaning, no surcharge.

PRC GAAP does not tie to your group reporting

Your consolidation pack wants IFRS or US GAAP. The statutory accounts are prepared under PRC GAAP. Differences in revenue cut-off, government grants, related-party disclosure and impairment are left for your team to unpick.

What we do instead: we deliver a reconciliation schedule from PRC GAAP to your reporting basis, every adjusting entry explained and evidenced, ready to drop into your consolidation file.

You cannot get a straight answer in English

You send an email. It comes back three days later, in Chinese, from a shared mailbox. When a filing deadline is close, that delay is the whole problem.

What we do instead: one named engagement contact who replies in English within one business day, reachable by email, WhatsApp or phone. Not a switchboard.

The quote was not the final bill

A reasonable headline fee, then additions for English reports, travel, “complexity”, extra copies. You end up well over the number you budgeted and cannot explain why to head office.

What we do instead: a fixed fee in writing before fieldwork starts, with deliverables listed. If scope genuinely changes we quote it first, and you approve it before we do the work.

Full service range

Everything we are licensed to do

We are a full-service PRC CPA firm, so our practice also covers work that mainly matters to Chinese domestic companies. We keep those in a separate group so you are not sold something your entity does not need.

Mainly for Chinese domestic companies

  • Asset & business valuation
  • Public-institution & SOE asset verification
  • Government-contract special audits

Listed for completeness — these are part of our licensed practice, but they rarely apply to a foreign-invested entity. If you are unsure which group your requirement falls into, ask us. We will tell you directly when a service does not apply to you.

Insights

Written for finance teams, not for search engines

Deadlines, documents and the things that go wrong in practice — set out plainly.

Statutory audit

WFOE annual audit in China: who needs one, and the 30 June deadline

The two dates that matter, what the auditor actually does, and the file list we send before fieldwork.

Liquidation

Closing a China entity: the timeline most firms do not explain

Stage by stage, including the 45-day creditor notice and why tax clearance is the real bottleneck.

Profit repatriation

How to repatriate profit from China, step by step

The four conditions before a dividend can leave, withholding tax, and the documents your bank will ask for.

All insights →

How it works

From first email to signed report

You send the basics

Entity type, what has been requested, when it is due. One email is enough to start.

Scope and fixed fee

We come back within one business day with a written scope, a fixed fee and dates.

Documents and fieldwork

One document request list. We work from it; site visits only where genuinely needed.

Report and filing support

Signed reports in English or bilingual, plus support through the filing itself.

FAQ

Questions foreign companies ask us

Can you really issue the audit report in English?

Yes. We issue in English, in Chinese, or bilingual in a single bound document. It is written by the auditor signing the report rather than by an outside translator, and there is no surcharge for it.

Do you work with companies outside Guangzhou?

Yes. Most engagements run on documents and remote access, with a site visit only where the work genuinely requires one. Where travel is needed it is quoted in advance as part of the fixed fee.

What deadlines do I need to plan around?

Two matter most for a foreign-invested entity. The corporate income tax annual settlement is due 31 May. The combined annual report filing, which carries the audited financial statements, is due 30 June. We work back from those dates and give you a document deadline up front.

Can you reconcile PRC GAAP to IFRS for our group consolidation?

Yes. We prepare a reconciliation from PRC GAAP to your reporting basis, with every adjusting entry explained and evidenced, in a format your group finance team or group auditor can use directly.

We want to send profits back to our parent. What is needed?

Typically a shareholder resolution, an audit confirming distributable profit, tax clearance evidence, and bank documentation for the foreign-exchange conversion. The exact set depends on your entity and bank. We prepare the audit position and the supporting papers.

How is the fee set?

Fixed, in writing, before fieldwork starts, with deliverables listed. If scope genuinely changes we quote the change and you approve it before we do the additional work.

Will you sign an NDA?

Yes, on request, as standard. We will sign before any documents change hands.

Our China finance team prefers Chinese. Is that a problem?

Not at all. Documents and detailed discussions can run in Chinese with your local team, while reports and correspondence with you stay in English.

How do we verify you are licensed?

We are licensed by the Guangdong Department of Finance under approval 粤财会〔2018〕51号, practice licence No. 44010251. Both are checkable on the Ministry of Finance public register, and we are happy to send the certificates.

Tell us what your entity needs

Send the basics and you will have a written scope and a fixed fee within one business day.