Shanghai Hotline: 021- 58763186 , +86 18101649652
Skype/ Wechat ID: 18101649652
Shanghai company accounting and bookkeeping is one of the legal requirements that every company should abide by after registration. Financial reporting is an important part of your everyday business and it can explain major aspects of how your company performs and facilitates comparison with your main competitors and industries. With regard to the requirements of maintenance of accounting books and records for a Foreign Investment Enterprise (FIE) in China, there are a number of important regulations to observe and make reference to.
Manage your Accounting and Bookkeeping in Shanghai
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.
Outsourcing Your Bookkeeping
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.
Outsourcing your bookkeeping can help running your business more effectively and enables you to focus on the core competencies of your company. In addition, subcontracting a professional accounting firm for providing bookkeeping or payroll processing can increase your profitability, reduce legal risks and solve compliance problems with overseas connected companies.
Contact Us
Shanghai Hotline: 021- 58763186
Tel (Wechat): +86 18101649652
E-mail: 3001945826@qq.com
Address: Block F, 15th Floor, No.855 South Pudong Road, Pudong New Area, Shanghai
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