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FILING YOUR ANNUAL INDIVIDUAL TAX RETURNS, BUSINESS LICENSE RENEWALS & STATUTORY AUDIT

China Briefing

In this issue we take a good look at some annual house-keeping that needs to be carried out at this time of year – the renewal of corporate business licenses, the annual statutory audit, and individual income tax filings. Foreign Individuals and invested companies have until the end of March to complete and file all their returns, so this is an important subject and one that requires attention to detail – fines and penalties can be (and increasingly are) levied if these are not conducted properly or on time.

Articles in this issue:


Filing annual individual income tax returns in China (for individuals with an annual income of over US$16,000)
by Smile Yu, Senior Associate，Corporate Accounting Services, Dezan Shira & Associates,Beijing
China’s annual audit regulations and business license renewa
by Edward Ma, Manager, Corporate Accounting Services, Dezan Shira & Associates, Beijing
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