Showing posts with label tax & accounting for Guangzhou company. Show all posts
Showing posts with label tax & accounting for Guangzhou company. Show all posts

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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Monday, May 12, 2014

Guangzhou Company Registration: Consequence for Not Doing Annual Inspection

Consequence for Not Doing Annual Inspection

If a company does not complete the annual inspection before June 30rd, 2014, it will be in the blacklist of the government and imposed a fine from 10,000 to 100,000 yuan (RMB). If the companies don’t do the annual inspection in 60 days after the government make an announcement, its business license will be cancelled.

What's worse, the legal persons of the foreign-invested companies will be in the blacklist of the Entry & Exit Administration (Immigration department) and forbidden into China!



Guangzhou company registration
Guangzhou company registration

Every year, all companies in China have to do annual inspection to renew their business license according to China company law. It is a routine formality, but still a bit complicated. Leave it for us to handle then you will save a lot of time and energy to engage in your business.

So, if your Guangzhou companies have not completed the annual inspection yet, take action now! Touch Law Firm provides you professional solutions for Guangzhou company registration, tax & accounting for Guangzhou company, annual inspection
for Guangzhou company, and etc. For further information, please contact us at +8620-8355 5515 or info@touchlawfirm.com