Sunday, October 12, 2014

Being Worried about the Tax & Accounting of Your Company in Guangzhou, China?

Mr. Washim came from Jordan and he's been in China for more than 5 years. In 2011, he registered a trading company and obtained his residence permit in Guangzhou by another agency.

Regarding the contribution mode of registered capital, it is stated in the Articles of Association of Mr. Washim's Guangzhou company that no less than 15% of the registered capital shall be made available within 3 months and the outstanding within 6 months. However, the acquiesced practice by his former agency was that the total contribution would be accomplished within 2 years. It was until recently when Mr. Washim remitted the last sum of contribution and handled the alteration of business license that he received a notice of penalty issued by the Industrial and Commercial Administrative Bureau. The amount of penalty, RMB 40,000 yuan in total, was stunningly high and was imputable to the former agency.

By then Mr. Washim had terminated partnership with that agency and came to Touch Law Firm through his friends' recommendations. One of our senior consultants met with Mr. Washim.



After Mr. Washim had paid up the penalty, we quickly helped him handle the alteration of business license. Having witnessed the efficient, professional and dedicated services rendered by Touch consultant, Mr. Washim decided to engage Touch Law Firm to handle the bookkeeping as well as all other accounting and tax matters for his company. So far, Mr. Washim and Touch have been sharing very good partnership.
Now, Mr. Washim is absolutely free of any troubles and enjoying smooth business operations with Touch Law Firm's dedicated services as a VIP client. With Touch Law Firm’s years of bookkeeping experience, the effective and reasonable tax planning is realized to enable the client to save a large amount of unnecessary expense.


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Touch Law Firm has experiences for over 8 years in company registration, tax & accounting, intellectual property, visa service and legal service, etc. If you are interested in our service, please contact us at +8620-8355 5515 or contact our online WeChat secretary Ms Touch ( Wechat ID: Touch-Law-Firm ).

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