Bookkeeping, Tax Filing & Financial Compliance Agency Services

We provide one-stop financial agency services for businesses in Guangzhou, Foshan and the Pearl River Delta region, covering daily bookkeeping, tax filing, annual final settlement, and annual business report. You focus on your core business; we take care of compliance.

➦ What We Do for You

Daily Bookkeeping & Accounting
- Collect and review your bank statements, invoices, payroll records, expense reimbursement forms and other source documents each month to ensure compliance and completeness.
- Prepare bookkeeping vouchers and maintain general ledgers, subsidiary ledgers, cash journals and bank journals in accordance with accounting standards.
- Produce monthly balance sheets and income statements, and quarterly/annual cash flow statements to keep you informed of your financial position.

Tax Filing Agency
- VAT filing: Accurately calculate and file VAT on a monthly or quarterly basis, and follow up on refunds of excess input VAT.
- Corporate income tax (CIT) filing: Assist with quarterly CIT prepayments, complete the annual final settlement after year-end, and help you benefit from preferential policies for small-cap enterprises and high-tech companies.
- Individual income tax (IIT) withholding: Calculate, withhold and file IIT for employees on a monthly basis, and assist with annual reconciliation.
- Surtaxes and other taxes: File urban maintenance and construction tax, education surcharge, local education surcharge, stamp duty, property tax, etc.

Invoice Management
- Assist with the entire process of applying for, validating and cancelling invoices.
- Guide you on proper invoice issuance to avoid tax risks caused by errors.
- Help complete input invoice verification each month to ensure compliance with input VAT deduction rules.

Financial Compliance Management
- Tax registration and changes: Assist with tax registration, tax type verification, general taxpayer status determination, and information changes.
- R&D expense super-deduction: For technology-oriented enterprises, we help properly accumulate R&D expenses, prepare supporting ledgers and project documentation to lawfully enjoy the super-deduction benefit.
- Tax preference applications: Assist in applying for preferential status (e.g., small-cap enterprise, high-tech enterprise) and guide you on retaining required documentation.
- Annual CIT final settlement: Complete the corporate income tax final settlement before 31 May each year.
- Annual business report: Help submit the annual business report before 30 June each year to avoid being listed as having abnormal operations.

Tax Advisory & Risk Alerts
- Regularly update you on tax policy changes relevant to your business, helping you adjust strategies in a timely manner.
- Conduct quarterly health checks of your accounting and filing data to proactively identify potential risks (especially under the Golden Tax System IV data-driven tax governance framework, ensuring consistency among business, financial and tax data).
- Provide professional support (document organisation, policy interpretation) in the event of a tax audit.

➦ VAT & Corporate Income Tax Calculation Examples

➦ Small-Scale Taxpayer Benefits

Small-scale taxpayers (annual VAT taxable sales ≤ RMB 5 million) enjoy significant relief:

• Reduced levy rate: From 1 January 2023 to 31 December 2027, small-scale taxpayers subject to the levy rate of 3% may apply a reduced rate of 1%.
• VAT exemption: Small-scale taxpayers with monthly sales ≤ RMB 100,000 (quarterly ≤ RMB 300,000) are exempt from VAT. This exemption applies to the total sales amount, including both goods and services.
• Additional surcharge reduction: Small-scale taxpayers may also enjoy a 50% reduction in the urban maintenance and construction tax, education surcharge, and local education surcharge.

These benefits can dramatically lower the tax burden for early‑stage WFOEs and SMEs.

➦ Export Tax Refund (VAT Refund) Process

Exporters can reclaim the input VAT paid on raw materials, components, and goods destined for export. The process involves:

1. Register for export tax refund qualification with the local tax authority before the first refund application.
2. Collect supporting documents: export customs declaration forms, special VAT invoices for purchases, export sales contracts, bills of lading, and proof of foreign exchange receipt.
3. Enter data into the tax refund system – match customs declaration data with purchase invoices.
4. Submit the refund application through the electronic tax bureau (New E‑Tax System).
5. Tax authority review (varies by transaction complexity).
6. Refund credited to the company's bank account, typically within 1‑3 months.

The refund rate depends on the HS code of the exported product. Some items enjoy full 13% refund, while others have reduced rates. For more details, visit our VAT Export Tax Refund Service page.

➦ Why Choose Our Bookkeeping & Tax Filing Services?

• Professional team: Our core accountants hold professional accounting qualifications and have years of hands-on experience. We are familiar with the procedures and practices of local tax authorities in Guangzhou and Foshan.
• One-stop convenience: From source document review to financial statement preparation, from routine filings to annual settlements, we offer end-to-end service – you don't need to coordinate multiple providers.
• Golden Tax System IV readiness: Through multiple rounds of review and logical data checks, we ensure your filing data is consistent and effectively mitigate tax alert risks.
• High policy sensitivity: We continuously track the latest tax policies, adjust filing strategies promptly, and help you lawfully enjoy tax benefits.
• Transparent pricing: Customised quotations based on company size, number of vouchers, and business complexity. All-inclusive fees, no hidden charges.
• Data security: Signed confidentiality agreements strictly protect your financial data and trade secrets.

➦ Which Businesses Especially Benefit from Our Services?

• Start-ups: Newly established, without an in-house finance team, needing professional support.
• Small-cap enterprises: Small scale, where a full-time accountant is too costly – outsourcing is more cost-effective.
• Technology-oriented companies: Complex policies such as R&D expense super-deduction require specialised accumulation.
• Foreign-invested enterprises: Not familiar with China's tax laws and local practices – need an agent to mitigate compliance risks.
• Non-operating companies: In the preparatory stage or temporarily suspended – only need to maintain bookkeeping and zero filings.

➦ What You Need to Cooperate With Us

Bookkeeping and tax filing are collaborative. Your cooperation directly affects efficiency and data accuracy:

• Submit source documents (bank statements, invoices, expense receipts, payroll records) for the previous month by the 5th of each month via courier or online system.
• Promptly inform us of any business changes (e.g., change of business scope, bank account, invoicing quota requirements).
• Provide necessary documents for tax audits or special reviews (contracts, project approval documents, fixed asset details, etc.).
• Pay service fees on time to ensure continuity of service.

We provide dedicated WeChat Work / group chat channels for quick responses to daily questions. For long-term clients, we also offer an annual financial health diagnostic report to proactively identify loopholes and suggest cost-saving and efficiency-improving measures.

➦ Frequently Asked Questions

Q: When does a new company need to start bookkeeping and tax filing?
A: A taxpayer engaged in production or business operations shall register with the competent tax authority within 30 days after receiving the business licence. Even if there is no business income, “zero filings” must be submitted on time. Prolonged non-filing will result in tax abnormalities and affect normal operations.

Q: What is the difference between a small-scale VAT taxpayer and a general VAT taxpayer?
A: The main difference lies in the calculation method. General taxpayers may deduct input VAT, while small-scale taxpayers use a simplified calculation method. Small-scale taxpayers are those with annual VAT-taxable sales not exceeding RMB 5 million. Eligible small-scale taxpayers may enjoy a reduced rate of 1% (instead of the standard 3%).

Q: What tax benefits can a small-cap enterprise enjoy?
A: A qualifying small-cap enterprise (engaged in a non-restricted or non-prohibited industry and meeting three conditions: annual taxable income ≤ RMB 3 million, number of employees ≤ 300, total assets ≤ RMB 50 million) is subject to 25% of its taxable income being included in the tax base and then a 20% corporate income tax rate – an effective tax rate of 5%. In addition, small-scale VAT taxpayers with monthly sales not exceeding RMB 100,000 (quarterly sales not exceeding RMB 300,000) are exempt from VAT.

Q: Can I outsource bookkeeping without providing source documents?
A: No. Agency bookkeeping must be based on source documents. Failure to provide documents will result in inaccurate accounting and incorrect filings, potentially leading to tax penalties. Please organise and transmit your documents every month.

Q: How are accounting files transferred when changing agencies?
A: We will compile all accounting vouchers, ledgers, financial statements, tax returns, and electronic accounting records, sign a handover checklist with the new agency, and ensure the integrity and traceability of historical financial data.

If you need further details about our bookkeeping and tax filing services or a customised quote, please contact us.

Finerise Consultants can help you

Founded in 2005, Finerise Consultants has been committed to company registration management, offshore company registration, overseas investment services, foreign investment services, financial and tax agency consulting, intellectual property agency and other fields. Provide relevant professional, fast, intimate, thoughtful, safe, cost-effective services, and be your trustworthy partner! Welcome to consult!

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