Bookkeeping

We helps businesses maintain accurate and up-to-date financial records, including recording transactions, reconciling bank statements, preparing financial statements, and generating reports. This can help businesses better understand their financial position and make informed decisions about how to manage their finances.. It is important for businesses to choose a reputable and experienced bookkeeping service to ensure that their financial records are accurately maintained.

Accounting

We provide services for preparing financial statements, maintaining accounting records, handling tax matters, and providing general financial consulting. We also offer auditing services to help businesses ensure that your financial records are accurate and in compliance with local regulations. It is important for businesses operating in China to carefully consider the accounting needs and choose a reputable and reliable accounting firm to ensure that the financial affairs are in order.

Taxation

We help you with preparing and filing tax returns, helping businesses and individuals comply with local tax laws and regulations, and providing guidance on tax planning and tax-efficient business structures.

Annual Inspection

In China, an annual inspection is a legal requirement for certain types of businesses. If a business is found to be non-compliant during an annual inspection, it may be subject to fines, penalties, or other enforcement actions. It is important for businesses to be prepared for the annual inspection and to ensure that they are in compliance with all relevant laws and regulations.

Accounting & Bookkeeping

Accounting and bookkeeping services provide financial and record-keeping support to businesses operating in the country. These services help businesses track and manage their financial transactions, prepare financial statements, and comply with local tax laws and regulations.

Some specific tasks that may be included in accounting and bookkeeping services include:

  • Recording financial transactions
  • Reconciling bank statements
  • Preparing financial statements
  • Handling tax matters
  • Providing financial consulting

It is important for businesses to choose a reputable and experienced accounting and bookkeeping service in China to ensure that their financial affairs are in order and that they are in compliance with local laws and regulations.

Contact us to learn more about Accounting & Bookkeeping outsourcing options available to you.

PAYROLL

Payroll management is the process of managing an organization's employee payroll, including calculating and distributing employee salaries, wages, and other compensation. A payroll management service in China typically provides support with all aspects of payroll management, including calculating pay based on hours worked, applicable pay rates, and any other relevant factors; preparing and distributing paychecks or direct deposit payments; and handling tax matters, such as withholding and remitting taxes to the appropriate government agencies.

We also offer that:
Employee benefits administration: This may include managing enrollment in and disbursement of employee benefits such as health insurance and retirement plans.
Time and attendance tracking: This involves recording and tracking the hours worked by employees to ensure that they are paid accurately and on time.
Human resources support: A payroll management service may also offer HR-related services such as employee onboarding, performance evaluations, and policy development.

By outsourcing payroll management, businesses can free up time and resources to focus on other aspects of their operations, and can ensure that their payroll is accurately and efficiently managed. It is important for businesses to choose a reputable and experienced payroll management service to ensure that their employees are paid correctly and on time.

Our experience working with a multitude of clients across a range of industries and regions also allows us to provide expert guidance to structuring payroll procedures to provide cost savings and additional flexibility to managing a workforce.

Contact us to learn more about payroll services provided by Integra Group.

Tax Compliance

Tax compliance refers to the process of ensuring that an individual or business is in compliance with tax laws and regulations. In China, tax compliance is the responsibility of both individuals and businesses, and failure to comply with tax laws can result in fines, penalties, and other enforcement actions.

To ensure tax compliance, individuals and businesses in China may need to take a number of steps, such as:

Registering for a tax identification number: This is a unique identification number assigned to individuals and businesses in China for tax purposes.

Keeping accurate financial records: This includes maintaining records of financial transactions, preparing financial statements, and reconciling bank statements.

Filing tax returns: Individuals and businesses in China are required to file tax returns on an annual basis, declaring their income and any taxes due.

Paying taxes: Taxes in China may include income tax, value-added tax (VAT), and other taxes depending on the type of business and the nature of the income being earned.

By staying up to date with tax laws and regulations and taking the necessary steps to ensure compliance, individuals and businesses in China can avoid potential problems with the tax authorities. It is important to choose a reputable and experienced tax professional or tax compliance service to help navigate the complex tax landscape in China.

HR Support

Human resources (HR) support refers to the assistance provided by HR professionals or HR services to help businesses manage their employees and related HR matters.

  • Employee recruitment and onboarding: This includes posting job openings, reviewing resumes, conducting interviews, and onboarding new hires.
  • Employee benefits administration: This may involve managing enrollment in and disbursement of employee benefits such as health insurance and retirement plans.
  • Performance evaluations: This involves conducting performance reviews and providing feedback to employees to help them improve and grow within the company.
  • Policy development: HR support may include helping a company develop and implement policies and procedures related to areas such as employee conduct, work hours, and benefits.

By providing HR support, businesses can ensure that their employees are well-managed and that HR matters are handled efficiently and effectively. It is important for businesses to choose a reputable and experienced HR service provider to ensure that their HR needs are met.

REQUEST A FREE CONSULTATION

We look forward to welcoming you to our world and extending our portfolio of services to you.

10. FAQ

Have any problems?

Frequently Asked Questions on China Company Formation

What types of financial records does a business need to maintain in China?

Businesses in China are required to maintain financial records that accurately reflect their financial transactions and financial position. This may include general ledger accounts, bank statements, invoices, and other financial documents.

Read more
What is the process for preparing and filing tax returns in China?

To hire and onboard new employees in China, a business may need to post job openings, review resumes, conduct interviews, and complete necessary paperwork. It is important to be familiar with local labor laws and to follow the proper procedures for hiring and onboarding employees.

Read more
How does a business in China hire and onboard new employees?

Yes. In fact, China promotes open trading with 75% of products imported are tax exempted. It also gives tax-free operations for Free Zone companies. The trade policy exclusively developed for supporting businesses is conducive for the growth of small firms also.

Read more
What types of employee benefits are required in China?

The types of employee benefits required in China can vary depending on the location and size of the business. Some common employee benefits in China include health insurance, retirement plans, and paid leave. It is important to be familiar with local labor laws and to offer appropriate benefits to employees.

Read more

Contact Us

Seek Expert Advice From Our Experienced Professionals.

Call +86 186 2685 9893

CRM form will load here