Legal and Financial Admin
While it makes great sense to use a lawyer in China for all of your legal needs, it doesn't make sense to pay them to do simple tasks such as setting up a company
The same goes for accountants and the idea you need to pay them high fees for a simple bookkeeping task.
Compliance Bookkeeping
Whether you are a WFOE, a representative office or a simple local company, the need for keeping your books in China is many and varied.
If you add up all of the requirements the government imposes on a company, it can be quite tough. From monthly through to quarterly and annual requirements, depending on the company type, you may find yourself bogged down in the endless red tape that exists in any country's tax system.
Just when you thought you had a handle on this tax issue, you find that there are issues around working in mulitple locations that you didn't count on. From the amount of registered capital required through to the different provincial and municipal tax levies that apply, it is probably best to ask for the assistance of an expert.
China Business Case Studies
Find out why they use ManageChina to help