Shenzhen Tax Reporting: Using English Account Names

Shenzhen, located in southern China, is known for its fast-paced economic development and vibrant business scene. For companies in Shenzhen, tax reporting is an essential part of doing business. However, many businesses may find it challenging to navigate the complex tax reporting system, especially with the use of English account names.

For small-scale taxpayers, it is recommended to find an accountant for bookkeeping and tax reporting. Accounting fees may vary depending on your location and the level of service required. For example, in a county area, the cost could be around 300 RMB per month, while in a provincial city, it could range from 500-600 RMB. In developed areas, the cost may increase by one or two hundred RMB.

For small-scale taxpayers, it is not recommended to hire a full-time accountant since it may be too expensive. However, hiring an accountant can save you time and effort, allowing you to concentrate on your business operations. If your company generates a good income, it might be feasible to hire a full-time accountant.

When looking for an accountant, be sure to keep all your company's income receipts and avoid making unauthorized payments or issuing promissory notes. Make sure to request invoices for all expenses, and do not transfer company funds without proper documentation. It is important to ensure that the accountant reports and reconciles bank accounts on time to avoid penalties.

Overall, when hiring accountants and other relevant personnel, businesses should carefully consider costs and benefits based on their specific circumstances to maintain stable business operations.

Bookkeeping has been a mature industry in China for many years. The cost of services ranges from high to low, with different companies offering different pricing schemes.

For small-scale taxpayers, accounting services are relatively simple, with an accountant able to handle around ten small businesses generating 200 to 300 RMB in monthly revenue each.

For general taxpayers, the accounting process is more complex, and there are several scenarios for proxy accounting:

1. If accounting and tax reporting services are provided only, the cost is not high, generally around 500-600 RMB per month.

2. If the service includes helping the company apply for invoices, issuing invoices, and conducting invoice certification and deduction business, the fee is usually around 1000-1200 RMB per month.

3. If in addition to the above, you also provide tax planning services, then you have a certain technical level. Monthly fees range from 1500-2000 RMB.

Many accounting firms also provide business registration, annual inspections, and capital verification services at an additional cost.

Shenzhen AnJiaBao is a professional company registration and accounting, tax reporting, and corporate irregularity-resolution company.