Accounting in China - Accountants for Your Company

As soon as you have incorporated a business, it is mandatory to hire the services of accountants in China in order to control better the financial operations, in complete respect and agreement with the Accounting Law in China. Our company formation specialists in China can offer in-depth details and guidance for your smooth business operations.

Quick Facts
Who requires accounting services in China	International companies, alongside with the local ones, must comply with the accounting rules in China.
Applicable accounting legislation in China	– Accounting Law in China, – Chinese Accounting Standards (CAS), – Accounting Standards for Small Enterprises (CAS are substantially converged with IFRS, but IFRS are not used for mainland statutory accounts)
Types of accounting services we offer	– company accounts maintenance, – bookkeeping, – payroll, – preparation and filing of annual financial statements, – tax reports on request, – tax registration
Tax advice and compliance	Individuals and companies in China must align with the tax regulations like registration, preparation and filings in a timely manner.
We offer support for tax registration	Registration for VAT, income tax, social contributions
Financial planning for company owners in China	Tax investment strategies can be provided to our customers by our accountants in China. Risk-free reports can be drafted.
Risk assessment and evaluation	Evaluating the business risks in the firm, with the help of tax reports and the experience of our Chinese accountant
Types of audit services	Internal and external audits are the most performed. Companies might also require forensic or operational audits.
Tax minimization methods available	Charities and retirement plans are recommended for business owners in China. The advance payment of loans is also a solution.
Personalized financial consultancy services	Large corporations or individual customers can solicit dedicated financial consultancy services implying expert opinion and specific business plans.
Investment consultancy for high-net-worth individuals	Investment options and report analysis of taxes as optimal solutions for international or local entrepreneurs
Financial and analysis reports for companies	A financial report can highlight the business direction based on tax verification. Measures can be implemented for vulnerable departments in a firm.
Human resources services available	We can manage staff recruitment, drafting the work contracts and administration-related services involving employees.
Expertise provided by certified accountants (YES/NO)	Yes
Fiscal year in China	From January the 1st to 31st of December

What are the main accounting services you offer for a company in China?

Our accountants in China provide the following services:

bookkeeping, payroll, and annual financial statements preparation and filing;
VAT registration and tax filings, according to the legislation of the country;
tax advice and tax minimization methods for your company in China;
account payable services (we can manage the payment of invoices, and run the bank accounts).

What are some of the accounting rules I should be aware of?

When you decide to open a company in China, you must consider theaccounting system implemented in this country. You will thus be able to overcome the possible problems of interpretation of Chinese Accounting Standards, especially if you turn to a specialist in the field. We will review some important aspects to take into account when establishing a business presence in China:

CAS (Chinese Accounting Standards) are the rules by which aforeign company in Chinashould be guided (thus you will be able to remain compliant with the legislation in China regarding the accounting required for a business);
the recommendation of the specialists in the field is to translate the accounts of a Chinese subsidiaryin order to help the parent company in making the financial-accounting reports;
anyCASupdate is provided by the Chinese Ministry of Finance, therefore it is essential to keep this in mind in order to successfully implement any such update;
try to avoid delays in financial reporting with the help of an accounting firm in China (you will thus be sure that you will not have to pay penalties for non-compliance with the accounting regulations in China).

Why should I choose an accountant in China for my company?

A certified accountant has experience in this field and can provide the needed support for acompany registered in China. There are many fields that can be covered from anaccounting point of view, so feel free to get in touch with our experienced accountants in China and find out more about the services we can offer, tailored to the needs of the firm you own.

Should I externalize my company’s accounting obligations in China?

Yes, many entrepreneurs would rather hire the services of an accounting firm instead of creating a whole department. This way, you have the guarantee that all the financial aspects are entirely supervised, in a very professional manner.

Can I receive complete bookkeeping and payroll services in China in 2026?

Yes, these are important services we offer for companies registered in China. You can solicit complete information about our services fromour accounting firm in China.

Can I ask for audits in China?

Yes, a company in China requires internal and external audits that can reveal the financial status of the business. We have experts in this field who can tell you more about audits in China.

You may also discover the following video presentation:

Can I get support for financial statements in China?

Yes, the preparation of financial statements of companies in Chinacan be managed by our specialists in the field.

Can I ask for support for financial planning for my company in China in 2026?

Yes, one of our advisors can tell you more about the financial planning required for your company. More about accounting in China can be discussed with our experts.

Can I get support for tax registration and other related matters?

Yes, our specialized accountants in China can provide entire support fortax registration in China, plus all aspects that concern a company seen as a taxpayer in this country.

Can I ask for tax minimization methods in China?

Yes, many tax minimization methods can be implemented in your firm. One of our accountants in China will analyze the possibilities and implement the proper solutions for yourcompany in China.

What are your current fees for accounting services?

In the list below, our consultants present a list of the main fees we charge forour accounting services:

minimum $200 per month – accounting and tax filing services;
minimum $90 per month – issuance of invoices;
minimum $280 – VAT refund application;
minimum $400 – VAT refund recording services;
minimum $550 per year – annual return services;
minimum $600 per year – annual reports.

Observation: Please mind that in other regions we can charge different fees – this can be the case of Guangzhou and Hong Kong.

You can discover the following infographic on this topic:

What are the accounting services your team offers in Guangzhou?

Guangzhouis one of the most important cities in China, therefore it can be an attractive business destination for investors. Those who want to open a company in China in this city can rely on our team for professional accounting services, some of which refer to:

monthly accounting and tax filing (we provide this service in accordance with the size and operations of the company, therefore our fee policy for this specific service is influenced by the volume of documents we need to process);
annual filing;
first-time VAT refund application;
VAT refund application service;
VAT refund recording service;
annual statutory audit report;
annual statutory tax audit report;
payroll services.

What are your fees for monthly accounting services in Guangzhou in 2026?

As we have stated above, we charge based on the volume of documents we receive from our clients. In the list below, you can observe our system:

for companies that have less than 30accounting documents per month, we charge minimum $120/month;
for 31 to 50 documents, we charge minimum $200/month;
when there are between 51 and 100, our rate is minimum $280/month.

What are the fees associated with VAT refunds in Guangzhou?

Companies in Guangzhou can be entitled to VAT refunds, in which case they need to register and submit specific documentation. Our consultantscharge $400 for those who register as first-time VAT refund applicants. The same fee is available for the VAT refund recording service, while the VAT refund application service costs $100.

How long does it take to complete VAT refund formalities in 2026?

Depending on their nature, VAT refunds can take minimum 5-10 business days and up to 60 days. Please address us for more information on the accounting rules applicable to the VAT refund mechanism.

Where else in China can I receive legal assistance?

In case you need these types of services in Hong Kong, we can put you in contact with our local partners who are a team of lawyers specialized in numerous legal and accounting matters – LawFirmHongKong.com.

We kindly invite you to benefit from the accounting services in China offered by our team of consultants, so please feel free to contact us at any time.

Susie Hu, Consultant, Tannet Group Limited · 2 October 2026Susie Hu is a consultant with Tannet Group Limited, specialized in foreign investment in China.