NIP's in-house business services are based on international business understanding and practices.
We shape our services around our individual client's current situation, ambitions and goals in China.
Accounting Service
Accounting & Financial Reporting
In China, monthly accounts must be prepared and reported to the local State Tax Bureau following the issuing of the Business License regardless of actual operations.
NIP will handle the daily accounting and monthly financial reporting on behalf of your company during the initial start-up period (3-6 month) The period may be extended depending on the expected/actual activity level of your company.
The following services are provided: - Daily accounting as per Chinese GAAP and IAS GAAP. - Monthly financial reporting to Chinese public bureaus - Monthly financial reporting to Mother Company - Rent of finance system (www.ufida.com)