China financial advisory services provided by Tannet include accounting, taxation and statutory audit issues, which is extremely useful for foreign investors doing business. It can be said that accounting and tax issues belong to the top challenges for foreign companies operating in China. Many business owners often hire sole practitioner or accounting services firm to cope with this tricky issues. For business owners who lack accounting skills or detests crunching numbers, outsourcing the company’s financial can be an attractive choice. Tannet is here to help.
Accounting and Tax Advisory for SMEs
Accounting and bookkeeping is necessary in any business. As a small business owner, it’s important to recognize that the best practices. Accounting entails more than just managing credits and debits, and it comes into play more often in everyday business decisions than you may realize. We can, for example,
(1) Closely monitoring your accounts receivable to illustrate trends or behaviors in your customer base. It can also cut down on the costs you incur by pursuing late payers.
(2) Establishing a detailed budget to help discover inefficiencies within your operations.
(3) Understanding your financial position in order to spot problem areas that could interfere with loans earmarked for expansion.
Taxes are unavoidable. Considering where you operate and the nature of your business is of great importance when conducting bookkeeping and tax filing. Submitting improper or inaccurate documentation can get you into trouble, and it can be extremely costly in terms of fees and penalties. Preparing the required tax documentation has its benefits. Monthly or quarterly financial statements, cash flow statements, and asset and income statements can provide a clearer picture of your business than your bank balance. Understanding the relevant requirements and how you can make them work for you can give you a deeper understanding of your company’s financial health.
Tannet’s Services
With bases in major Chinese cities like Shanghai, Beijing, Guangzhou, Shenzhen, Hong Kong, Dongguan, Nanchang, Yiwu, Chengdu, Hainan, and Xinjiang Horgos, Tannet understands the complexities involved and keeps our clients’ financial practices in compliance with the rapidly evolving regulations. Our major services include:
Accounting and Bookkeeping;
Auditing and tax filing;
Financial budgeting;
Tax planning;
Training for finance staff.
Contact Us
If you have further queries, don’t hesitate to contact Tannet anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422 or 86-755-82143181 or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen South Rd, Luohu, Shenzhen, China.
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