China Consulting
China, the thriving nation with a population of over 1.4 billion, presents an exceptional opportunity for businesses seeking to expand beyond their domestic boundaries. With its remarkable economic growth and unparalleled potential, China has become the epitome of success and an enticing investment prospect.
As your dedicated and well-connected advisor in the realm of China business, CW specializes in connecting you with the vast Chinese market, enabling you to achieve your global expansion goals. We excel in devising effective strategies for entering and developing your presence in China while forging fresh avenues for business growth. Our commitment lies in delivering comprehensive and insightful analysis to empower our clients with a profound understanding of their target markets, facilitating informed investment decisions.
Comprising a team of seasoned professionals hailing from tax, accountancy, and legal backgrounds, we possess a shared passion and practical approach when it comes to navigating the complexities of the Chinese business landscape. By closely monitoring and staying updated on macro-environmental shifts and advancements, we are ideally positioned to offer invaluable guidance to international clients, enabling them to navigate the intricate mainland Chinese market with ease.
China Company Registration
CW specializes in expertly managing the legal and administrative procedures associated with establishing the most suitable entity for your business. With our extensive experience spanning multiple industries, including logistics, trade & e-commerce, IT development, F&B, and more, our team of seasoned professionals is well-equipped to assist you. We offer a comprehensive range of services, which include:
Pre-investment advisory: Offering valuable guidance and insights during the initial stages of your investment journey, helping you make informed decisions and mitigate potential risks.
Company registration: Assisting you in navigating the complex landscape of company registration, whether it involves establishing a Foreign-Invested Enterprise (FIE), Wholly Foreign-Owned Enterprise (WFOE), Representative Office (RO), Joint Venture (JV), Branch, or other suitable forms of entity.
Office premise selection and negotiation support: Providing valuable assistance in selecting the ideal office space for your operations in China, while also supporting you in negotiations to secure favorable lease terms and conditions.
Acting as Supervisor
CW offers a unique solution by providing the option to appoint a representative to serve as a Supervisor for China-based companies on a selective basis. This arrangement not only allows our representative to fulfill the standard functions of a Supervisor but also offers additional benefits, including:
Regular Supervisor Reports: Our appointed representative diligently prepares comprehensive reports that highlight potential risks and abnormal issues. These reports are based on a thorough review of management accounts and financial statements submitted to local authorities. By analyzing these critical documents, our representative can provide valuable insights and recommendations to help you mitigate risks and maintain optimal operations.
Expert guidance and detailed reporting: In addition to the standard Supervisor duties, our appointed representative goes the extra mile to ensure that your company runs smoothly. They offer expert guidance tailored to your specific needs and provide detailed reporting on various aspects of your operations. This includes performance analysis, compliance assessments, and strategic recommendations to enhance efficiency and effectiveness.
Tax Health Checking
If you’re seeking a thorough evaluation of a China-based company’s tax compliance, consider our Tax Health Checking service. This comprehensive review acts as a routine medical check-up for your business, examining its adherence to relevant tax laws and regulations.
The Tax Health Checking process typically centers around the following types of China taxes: Enterprise income tax, Withholding tax, Business tax, Value-added tax, Stamp duty, and Individual income tax for employees.
By availing our tax health checking service, you can benefit from the following:
Highlighting potential repercussions: Our assessment brings attention to any significant non-compliance issues, shedding light on the potential consequences that may arise as a result. This allows you to proactively address these concerns and take appropriate action to rectify any deficiencies.
High-level recommendations: In addition to identifying areas of non-compliance, our tax health checking provides high-level recommendations for rectification, if feasible. These recommendations serve as actionable guidance to help you address any identified issues and improve your tax compliance practices.
Internal Audit
Our Internal Audit service implements a systematic and disciplined approach to assist boards and senior executives in evaluating and enhancing the effectiveness of risk management, control, and governance processes. The audit process encompasses the following key steps:
Examination of available client information and documents: Our team conducts a comprehensive review of all relevant client information and documents, ensuring a thorough understanding of the organization’s operations, procedures, and controls.
Assessment of procedure adequacy, systems, and controls: We meticulously evaluate the sufficiency and effectiveness of the client’s procedures, systems, and controls. This assessment involves a detailed analysis of existing practices and consultations with management to gain valuable insights into the current operational landscape.
Recommendations for addressing internal control weaknesses: Based on the findings of our examination and assessment, we provide strategic recommendations for implementing measures that address any identified weaknesses in internal controls. These recommendations are designed to enhance operational efficiency, mitigate risks, and strengthen the overall control environment.
Human Resources Process Outsourcing (HRPO)
Human Resource Process Outsourcing (HRPO) is a growing trend wherein companies engage a third-party service provider to handle their HR activities and administrative tasks. At CW, we offer a comprehensive range of HRPO services, including:
Visa application and immigration support: We provide expert guidance and assistance in navigating the visa application process, ensuring compliance with immigration regulations and facilitating the smooth entry and stay of employees in foreign locations.
Payroll outsourcing: By entrusting us with your payroll processes, you can streamline payroll administration, including salary calculation, tax withholding, and compliance with relevant regulations. This allows you to alleviate the administrative burden and ensure accurate and timely payment to your employees.
HR administration: Our dedicated team can handle various HR administrative tasks, such as employee data management, benefits administration, leave tracking, and HR policy implementation. This enables you to maintain efficient HR operations while focusing on strategic initiatives.
Entry & mid-level recruitment: CW specializes in recruitment for entry and mid-level positions, assisting you in identifying and selecting qualified candidates that align with your organization’s needs.
China Business Advisory Retainer
CW’s Business Advisory Retainer for China companies offers valuable support for daily operations, providing advice and solutions based on PRC laws and regulations. By relying on CW’s Business Advisory Retainer, your China company can streamline its daily operations, navigate legal complexities, and enhance operational efficiency. Our comprehensive advisory retainer includes:
General legal, finance and tax compliance advisory: Assisting the China company in ensuring compliance with applicable laws and regulations, offering guidance on various legal, finance and tax matters.
Registration and filing formalities: Managing the necessary procedures for company changes, such as address updates, senior executive appointments, capital increases, and other relevant modifications.
Business license matters: Handling tasks related to the business license, ensuring proper documentation and compliance with relevant regulations.
Contract and agreement review: Thoroughly reviewing and amending contracts and agreements for the China company, ensuring optimal outcomes and mitigating potential risks.
