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4 Things You Must Know If You Have a Company in China!

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4 Things You Must Know If You Have a Company in China!

Operating a business in China offers immense potential but also poses significant challenges, particularly for newcomers.  

Here are four crucial aspects you must know to keep your Chinese company compliant and avoid penalties. 

01
Tax Registration

Complete tax registration within 30 days of obtaining your business license.

02
Monthly Tax Filing

Ensure timely monthly tax filings to avoid penalties or being required to pay outstanding taxes by the tax authorities.

03
Annual Financial Audit and Report

Submit your annual report between January 1st and June 30th each year. Failure to do so will result in your company being listed as having abnormal operations.

04
Registration Information Update

Maintain and update your business registration information regularly, such as the company name, registered address, business scope, and shareholder details.

For further details regarding your business in China, feel free to contact us for expert advice and support. We’re here to help you succeed in this exciting and dynamic market!
 
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