Accounting
Our service offers accounting guidance in compliance with Chinese Accounting Standards (CAS/PRC GAAP), ensuring adherence to the financial regulations in China.
Benefits of our China Accounting Services
- Banking & Treasury Services
Including setup of payment cycles, design of checks and balance process timely processing of scheduled and ad-hoc payments to third parties and operational communication with the bank. - Handling of Inward and Outward International Payments
We create transparency understanding China’s foreign exchange regulations, declaring and clearing funds received from abroad or payments made to an entity abroad, processing currency conversions and advising on tax impact of inbound and outbound transactions. - Custody of Company Chops
Maintaining custody of company chops and safeguarding essential company documentation (incl. business license(s) and statutory records), design of control and approval processes, processing of chopping requests. - VAT Invoice (Fapiao)
Issuing and verification of official VAT invoices (fapiao), purchasing of VAT invoices with local authorities and advisory on tax consequences. - Expense reimbursements
Design of reimbursement processes, collecting of supporting documentation and processing of reimbursements following approval.
China Accountancy, Bookkeeping and Financial Reporting Services
We assist our clients with a full range of accounting services in China: day-to-day bookkeeping activities, monthly accounting and preparation of financial reporting, where we provide customized services in China depending on the requirements of our clients. Our service offering includes the following:
- Setup of accounting processes and creation of financial reporting package in line with China GAAP.
- Preparation of statutory financial reports (Balance Sheet, Trial Balance and Income Statement among others) and submission with Chinese authorities.
- Preparation of customized financial reports, management accounts, forecasts and cashflows.
- Direct real-time access to accounting and reporting.
- Budget preparation, forecasting and analysis of company’s financial position.
- Advise on Chinese accounting policies and procedures.
- Audit
- Consolidation of Financial Statements
Other Certificates
Notarized And Legalized
PU invitation letter
Confirmation letter for high-end talent
APEC Business Travel Card
Non-criminal record application
SERVICES
Prime Consulting as a dedicated partner for exploring the complex market landscape in China, with years of outstanding experience, focuses on providing localized market research and solutions, as well as consulting and technical service support for foreign companies that hope to succeed in China.
Accounting & Tax services
ABOUT US
Prime Consulting as a dedicated partner for exploring the complex market landscape in China.
The competition in the Chinese market is fierce. With a thorough understanding of the local environment in China and years of experience serving domestic and foreign clients, Prime Consulting provides clients with forward-looking, targeted, truly practical, and easy to implement overall solutions.
Prime Consulting has been focusing on the management consulting industry for 12 years. We have a strong and continuously developing team of professionals, and we always adhere to the business philosophy of "customer needs, our pursuit". For many years, we have assisted clients from various industries in obtaining greater value through diversified service content, modern management systems, humanized service concepts, and professional and efficient teams.
CONTACT WITH US
Feel free to write us a message
Office hours
Monday - Friday
9:00 - 17:00
