rachel.yin@pacioliconsulting.com
+86 13818648326
MON-FRI 09:00 - 18:00
The qualifications and experience of our international experts enable them to provide a professional service on a day-to-day basis. We have also chosen our trusted partners in order to cooperate under the best possible conditions. Our flexibility allows us to offer a made-to-measure service, adapted to the size of the business, the projects and the client's needs. PACIOLI Consulting offers a wide range of services, from strategic planning to management of clients' companies. PACIOLI Consulting was set up to respond to the needs of entrepreneurs, small and medium-sized businesses and groups wishing to set up in China. We fully intend to become a major player in business management assistance in emerging countries. This has been a winning strategy since 2013 and PACIOLI Consulting now consists of over 6 collaborators, 3 offices (Shanghai, Hong Kong, Hangzhou) responding to the very varied needs of businesses keen to keep their costs under control and concentrate on their core activity. We undertake every project with a long-term vision, as we wish to guide our clients through every stage of their projects, by offering sound advice and personalized solutions. We will be there to support you from start-up, throughout your development and until you succeed.
Company Set-upRegistration
PACIOLI Consulting will guide you through the complex andvery bureaucratic process of setting up your company. We will take care of theadministration so that you can concentrate on putting your strategy in placeand starting your main activity as effectively as possible.
a) PacioliConsulting has 6 years experiences to register all kinds of Companies inShanghai, Hangzhou and Hong Kong for clients. We can help clients to registerWOFE (‘Wholly Owned Foreign Enterprise’), JV(‘Joint Venture’), RO(‘Representative Office), Hong Kong Based company, etc.
b) In the process of companyregistration from name checking until certificates issued, Pacioli Consultingalways make the best time plan and guide clients to finish all the steps ofregistration smoothly.
c) Pacioli Consulting has many yearssupporting Gov’s policies to encourage foreign direct investment in China,hence Pacioli Consulting could be able to provide some registration virtualoffice addresses for clients who do not have a real office.
Company RegistrationStatus Change
a) To change company name
b) To change business scope
c) To change company shareholders
d) To change company equity
e) To change corporate legal person
f) To change registered capital
g) To change same area address
h) To change cross-regional address
Company ClosingService
Pacioli Consulting has many years’ experiences to providethe service of company closing. In order to closing all company certificatesand related accounts smoothly, we make a time and process plan for each clientbased on their special needs.
Assistance inpreparation and filing of quarterly Enterprise Income Tax ("EIT")return and monthly Value Added Tax ("VAT") and Individual Income Tax("IIT") return;
a) We willcalculate taxes payable related to the company’s operating business and preparethe monthly or quarterly PRC statutory tax returns, which cover all the majortaxes by Tax Bureau (including Value Added Tax, Enterprise Income Tax,Individual Income Tax, and Stamp Duties). Also, we will arrange monthly orquarterly PRC statutory tax returns according to the timetables stipulated byPRC Tax Bureau.
b) In case ofany government’s inspection of which required our help, our staff member willcoordinate and assist the company in coordinating and handling tax authorities’inquiries in related to accounting and tax matters.
Assistance inpreparation and filing of annual EIT return and the statutory appendices
a) Review of annual financial reports andidentification of EIT adjustments, including:
Ø Collection the original finance information;
Ø Attendance the meeting held by the tax bureauregarding the annual filing procedures;
Ø Analysis on the tax adjustments betweenper-book account and EIT requirements;
Ø Discussion with finance team and relateddepartments to clarify possible issues;
Ø And Calculation of the correct EITliabilities according to the PRC tax rules.
b) Filing of annual returns, including:
Ø Preparation of the annual EIT packageincluding EIT returns as well as various attachments, especially the TransferPricing related attachments;
Ø Submission of the annual EIT package to thein-charge tax bureau and follow-ups to expedite the approval process;
Ø Obtain the EIT Filing Completion Notice.
IIT ComplianceServices to Expatriates
Ø Negotiation withthe tax bureau to obtain the approval on the filing basis;
Ø Negotiation withthe tax bureau on the reduction or waive of any late filing surcharge andpenalty, if any;
Ø And assistance inthe preparation and filing of the initial IIT return ("backlogfiling") and obtaining tax payment certificates.
a) Monthly IIT Filing
Ø Collecting thepayroll information and preparation of the monthly IIT return;
Ø And Filing of themonthly IIT return and obtaining the tax payment certificates.
b) Annual IIT Filing
Ø Discuss and confirmthe annual IIT filing information with the employees;
Ø Prepare and submitthe annual IIT filing package to the tax bureau;
Ø Follow up with the tax official to expeditethe approval and obtain tax documents.
a) Apply Food Circulation License(Pre-packaged food, not included frozen food
andrefrigeration food)
b) Apply Food Circulation License(Pre-packaged food, included frozen food and refrigeration food)
c) Apply Liquor Business License
a) Apply foreign trade operatorregistration certificate
b) Apply import and export goodsconsignor and consignor customs declaration certificate
c) Registering for online foreignexchange management
d) Apply import-export Inspection andquarantine reporting certificate
e) Assist in electronic portregistration
f) Import and Export related taxservice, such as export tax refund application,etc.
We will perform bookkeeping on behalf of the company basedon People’s Republic of China (“PRC”) accounting laws and regulations. We willprepare and maintain the accounting books and records for the Company inaccordance with the accounting standards generally accepted in PRC. Our roleincludes obtaining the relevant accounting information (such as invoices, bankslips) from the company, posting transactions, preparing vouchers, andreconciling the bank statements. PRC financial reports, including balance sheetand income statement, will be prepared on monthly basis based on the accountingrecords obtained during our bookkeeping and send to the company for review.Monthly statistics report will be prepared for Company review and submit toStatistic Bureau.
a) Documents translation
b) China visa policy consulting
c) China immigration plan arrangement
d) Document preparation &submission
e) Accompany & delivery service
| For Foreign employee | For Foreign employee |
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| Notification of Foreigner’s Work Permit (NFWP) | Medical checkup |
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| Applicant apply the Z visa (working visa) in Home country and entering China | Shanghai registration form of temporary residence |
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| Medical checkup | Foreigner’s Work Permit (FWP) |
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| Shanghai registration form of temporary residence | Residence permit |
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| Foreigner’s Work Permit (FWP) |
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| Residence permit |
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a) Assisting for Statutory PRC AnnualAudits
Bythe end of the year, we will assist to contact the qualified CPA firm toconduct the audit in accordance with the Independent Auditing Standards ofCertified Public Accountants in the People's Republic of China and consequentlynecessary auditing procedures. The CPA firm will report to the Group whether intheir opinion the financial statements give a true and fair view and whetherthese financial statements have been properly prepared in accordance with thePRC Accounting Standards;
b) Assisting for Annual ForeignExchange Audit
Atyear-end, we will assist to contact the qualified CPA firm to make aninspection on the Company’s foreign exchange transactions during the year accordingto China’s Independent Auditing Standards and Foreign Exchange Rulings inShanghai and then the CPA firm will issue a foreign exchange audit report,which shall be required by the Shanghai Administration of Foreign Exchange onannual basis.
c) Assisting for Capital VerificationReport
Oncethe company injected Capital and paid-up all , we will assist to contact thequalified CPA firm to make the Capital verification Report
We have helped a lot of companies toregister the trademark and copyright under company registration or personalregistration method, the normal service including:
a) Trademark checking and registrationin China.
b) Copyright checking and registrationin China.
c) Trademark information changingrelated registration service.
d) Copyright information changingrelated registration service
Expert consultation
Business risk consulting
Internal audit
Development of internal control
Business performance management
Suggestions on Corporate Governance
Recovery and reorganization
Act as bankruptcy administrator of the company
a) For the following year of March to June, we will prepare all required forms & packages and submit all thedocuments and certificates required by the government to go through the annualinspection process.
b) We also willcomplete internet public announcement procedure based on the requirement ofIndustrial and commercial bureau.
We provide the service to helpcompanies to open a local bank account to facilitate financial transactionswith their suppliers, partners and clients.
We assign aspecific cashier who will perform cashier’s work
a) Cash withdrawwith the banks;
b) Going to thebank periodically and checking bank statements;
c) Issuing checksand payment vouchers;
d) Reimbursementof expenses;
e) Preparingcash-in and cash-out book based on bank statements
f) Preparing bankreconciliation.
We will keepthe financial payment chop on behalf of the company and perform the review workfor the requisition of bank payment to ensure it could be complied with theinternal authorization policy, accuracy amount and legal supporting document.
Oversea paymentarrangement
We will prepare all required forms & packages andsubmit all the documents and certificates required by the government tocomplete tax filing procedure about foreign exchange payment and obtain taxcompletion notice.
Although China is a huge market with great opportunities,the rules and regulations as well as business environment are still not astransparent as a developed market. To have a professional advisor, who can helpyou to understand the business and tax implications, regulatory developmentsand commercial norms, would be a key to success in China.
PACIOLI CONSULTING can help your management to betterunderstand the business and tax implications, regulatory developments andcommercial norms by delivering the first-hand information. Specifically, we canhelp to:
Help your team to better understand the business and taximplications in connection with the specific business or deal arrangement;
Help your team to better understand the potentialpreferential treatments applicable to the specific business or deal, providesuggestions to apply for the preferential treatments and assist your team inpreparing and submitting the relevant application documents;
Ad hoc consulting via telephone discussions, emails, wechatand meetings, including but not limited to, the following matters:
a) Investment(holding) structure;
b) Businessregulations and practices;
c) Taxregulations and practices;
d) Foreignexchange regulations and practices.
e) Hong Kong TaxConsulting
f) We keep confidentialservice for all clients
Maintain soundrelationship with the in-charge business and tax authorities and handlerelevant communications in a professional manner.
