Time to Get Organised for Annual Compliance in China
- 4 days ago
- 2 min read
In this Woodburn Academy webinar, Kristina Koehler-Coluccia walks through the annual compliance cycle for foreign invested enterprises and representative offices in China. It runs for about 46 minutes.
About the speaker
Kristina Koehler-Coluccia is Head of Business Advisory at Woodburn Accountants & Advisors. She has spent more than two decades helping foreign companies set up and run their operations in China and Hong Kong, and she leads the firm's Woodburn Academy sessions.
What this session covers
The annual compliance procedures and deadlines for FIEs and representative offices
The steps needed to meet the regulatory requirements on time
What happens when you miss them, and the pitfalls that catch people out
Practical ways to manage compliance across the year rather than in a rush
Where outside help makes the process shorter and less fraught
Why this matters if you run an entity in China
The Chinese compliance year is front-loaded and unforgiving. The annual audit, the corporate income tax reconciliation and the annual reporting to several different authorities all land in the first months of the year, and every one of them depends on bookkeeping that was either done properly during the year or was not. Companies that treat compliance as a January problem tend to discover in March that it was really a monthly one.
Woodburn handles the annual tax and audit cycle, keeps the underlying records straight with cloud accounting and financial reporting, and advises on the entity itself through China company registration.
Watch the full session
Thinking about setting up in China?
Woodburn Accountants & Advisors helps foreign companies register and run entities in China and Hong Kong, from company registration and trademark protection through to accounting, payroll, tax and audit. If this session has raised questions about your own plans, get in touch with our team.