After set up a company in Beijing, the following accounting and bookkeeping is essentially required for the operation of the company. The main goal of bookkeeping for foreign companies is to provide a company with clear, comprehensive, and reliable information about its economic activities and status of its assets and liabilities. Beijing, as an international metropolis, attracted a large amount of foreign companies set up a business here. There are 90,000+ foreign-invested projects in 2018, with contractual foreign investment exceeding USD 445 billion. It is a trend for foreign investors set up a business in Beijing, as well as an increasing need of bookkeeping services. Tannet compiled related info about Beijing Company Bookkeeping for your convenience.
Beijing Company Bookkeeping
Bookkeeping is the process of the daily record-keeping of all of a company's financial transactions. Bookkeepers record the sales, expenses, cash and bank transactions of the business in a general ledger. Beijing company bookkeeping is one of the legal requirements that all companies should abide by. In this regard, the foreign-invested enterprises in Beijing are also required to prepare all the financial documents including balance sheets and income statements for auditing.
The importance of Beijing Company Bookkeeping
1.Separate the business and personal finances. Bookkeeping is not only crucial to the growth and success of your business but also ensures that you’re not personally held liable for any debts or issues related to your business.
2.Prevent and identify financial errors. The financial mistakes would be easily identified if managing your transactions through bookkeeping.
3.Streamline your financial process. Bookkeeping helps to streamline your tax processes, receive the maximum deductions, and work efficiently with any tax professionals.
4.Keep your business sound. Beijing company bookkeeping can help you plan and set a path for financial growth, make your business sound and robust.
5.Apply for the loan in an easier way. With all of your financial information stored, documented, and properly managed, the process of applying for a loan, for example, will be much easier, as you’ll know that your documents are accurate and you’ll quickly be able to find any information you need.
Tannet Beijing Company Bookkeeping Services
1. Accounting, financial reporting and consolidation;
2. The preparation of management and statutory accounts;
3. Arranging audits;
4. VAT advice, registration and related services;
5. Financial modeling and forecasting;
6. Preparation of business plans;
7. Preparation and filling of tax returns;
8. Tax computation and submission;
9. Debt analysis and recovery services.
Contact us
Tel: 86-10-58697539
86-13717945838
Email: beijing.tannet@qq.com
Website: http://english.tannet-group.com/
Address: Rm1902, Bldg 17, Jianwai SOHO West, No. 39 Dongsanhuan Rd M, Chaoyang Dist., Beijing
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