China Entry Advisory

Significant opportunities exist for multi-nationals as China continues its open door policy. The Chinese Government has announced the One Belt One Road strategy for International Cooperation alongside holding the first CIIE in Shanghai in 2018. It was a historical opportunity for companies from the world to introduce themselves to the Chinese Market and explore opportunities for local cooperation. Sapience Pro is the official business service center of CIIE and our extensive resources provide the best China Entry solutions. Our team of experienced and bilingual staff are well versed in the Chinese business environment and regulations.  

Our Services Include：

• Chinese Business Environment Study

• Project Feasibility Study

• PRC Policies Interpretation

• Corporate Structure Advisory

• Investment Location & Office Recommendation

Incorporation & Secretarial 

With the experience of comprehensively managing hundreds of entity setups across China, Sapience Pro can help navigate any potential pitfalls and ensure that your business gets the best possible start in China. Our experts possess the knowledge of distinct cultural practices and national and local regulations so you never have to worry.

Our Services Include：

• Incentive Policies Negotiation and Application

• Registration Address Offering 

• Special Approval/License Application and  License Renewal 

• Bank Account Recommendation and Open 

• Company Establishment

• Office Administrative Service

• Offshore Company Setup

Accounting & Bookkeeping

With the ability to adapt our financial services to every business’ requirements, we deliver tailor-made solutions that not only meet your business needs whatever the climate, but also provide a secure roadmap for forward planning.

Our Services Include：

• Bookkeeping, Tax Filing and Reporting

• Accounting System Set-up and Tax Registration

• Management Report Preparation

• Invoice Verification Issuance Service 

• Annual Audit Assistance

• Annual Tax Clearance (ATC)

• Export Tax Refund Application and Verification

• Accounting Documents Organization and Filing

Treasury Service

Sapience Pro provides a comprehensive range of bank support, trading and treasury services custom-made to changing business demands. With ongoing support and consultation, our team is a reliable backbone for your day to day transactional needs that will help manage your investment here in Asia.

Our Services Include:

• Cashier Services: Expense verification and payment assistance, Cashier management service, Overseas remittance service, Bank account management, Maintaining cash and bank ledger

• Bank Account Opening and Changes

• Loan Application Service

• Treasury Forecast Preparation

• Solutions for ad hoc Treasury Problems

Financial Process Outsourcing

With many control areas involved, financial processes can be a tedious and time-consuming undertaking. At Sapience Pro, we possess the necessary professional knowledge to assist CFOs in this area, streamlining financial processes so you can better focus on growth plans for your enterprise.

Our Services Include:

• Employee Claims/Reimbursement and Payment Process

• AP Invoices Processing and Payment

• AR Confirmation and Collection Assistance

• Invoice Management

• Data Entry

Corporate Finance

At Sapience Pro, we are well equipped to deal with any corporate finance issues your company may have, including mergers and acquisitions advice.

Our Services Include:

• Inbound and Outbound M&A Advisory

• Debt Capital Advisory and Raising

• Equity Capital Advisory and Raising

Audit & Assurance

Statutory audits are an annual requirement for all Foreign Invested Enterprises (FIEs) in China. Hence, a reliable reporting system is key in your organization’s economic development. Our audit specialists examine your financial statements and accounting records to provide you with a professional opinion on the quality of your organization’s accounting standards. We also offer advice on general accounting principles under the PRC GAAP and compliance to these standards in all reporting material.

Our Services Include:

• Capital Verification

• Annual Financial Statement Audit (PRC, IFRS, HKFRS, Singapore FRS)

• Annual Foreign Exchange Declaration

• Annual Tax Verification for Corporate Income Tax

• Liquidation Audit

Financial Due Diligence

Exercising financial due diligence involves the accurate representation of your organization to potential purchasers and ensuring factual accuracy to reduce risk for claims of misrepresentation. Sapience Pro assists in conducting reviews in these areas as well as current processes to ensure utmost clarity in representation.

Our Services Include:

• Limited Financial Due Diligence (FDD) – Agreed-Upon Procedure

• Comprehensive Financial Due Diligence (FDD)

Corporate Tax

China’s Corporate Income Tax (CIT) regulations and its accounting standards (CAS) are mandatory for all China based businesses. It is vital to have a partner that is up to date with China’s constant changes in corporate tax regulations and is able to provide the required insight into your tax planning. Sapience Pro provides extensive tax planning that aims to yield tax efficiencies and mitigate the risks for your business. We empower businesses with the opportunities to develop tax-optimization structures, strategies and negotiation with authorities for suitable preparation and submission of tax returns.

Our Services Include:

• Corporate Tax Planning for Proposed Business Models and Restructuring Strategy

• Compliance Tax Management System  Design

• Annual Tax Consultant

• Assistance on Inter-company Service Agreement (ISA) Preparation and Execution

• Tax Due Diligence

• Tax Deregistration

• Tax Audit Assistance and Advisory 

• Corporate Tax Filing Process Outsourcing 

Individual Income Tax (IIT)

Effective tax planning and organization is crucial to avoid conflict with the local tax office, especially in the face of an underdeveloped tax system such as in China. With our extensive knowledge of individual tax servicing, we offer expert advice on individual income tax filing and payment in structured manner to avoid costly penalties. Whether you are an individual in a local or foreign enterprise or self-employed, our tax professionals keep abreast to the changing needs in China’s tax regulations and provide you with the right counsel that will result in opportunities and minimization of tax payments.

Our Services Include:

• Individual Income Tax (IIT) Planning and Advisory

• Individual Income Tax Compliance Service

• Tax Consultation for Natural Shareholders

• Individual Income Tax filing Process Outsourcing 

Recruitment

We help enterprises to select senior & middle level talents to meet the requirement of their business.

Our Services Include:

• Executive Search

• Background Checking for Final Candidate to Be Recruited

Secondment

Sapience Pro equips organizations with additional skilled resources to manage operations, meet evolving needs and deliver on projects. We provide competent professionals from a wide range of industries on a scalable basis alongside customized solutions to meet long- and short-term organizational objectives.

Our Services Include:

• Financial Staff Secondment

HR Service & Advisory

With the expansion of your operations and staff, new compliance challenges arise, complicating the tiresome payroll process as well. Our HR advisory and payroll services ensure that the hiring, payroll and other staffing-related issues are controlled and managed ably.

Our Services Include:

• Compliance HR Management System  Design

• Professional Employment Organization (PEO) Services

• Payroll Structure and Benefit Proposal

• Payroll Calculation, Individual Income Tax (IIT) and Social Benefits Compliance

• Assistance with External Audits and Inspection by Government Authorities

Work Visa

China’s visa application process can be a very complex affair for foreigners. Sapience Pro specializes in supporting individuals and businesses with comprehensive visa support from start to finish, providing key insights in navigating the intricacies of China’s visa application system along the way.

Our Services Include:

• Work Visa Application and Renewal

• Work Permit Application and Renewal 

• Residence Permit Application and Renewal

Business Trip Organization

At Sapience Pro we understand the need to properly examine the Chinese market before investing within the country. We therefore offer support with business trips which provide the opportunity to closely assess an entry into China for your business.

Our Services Include:

• Business Trip Planning

• Successful Project Visit and Study

• Commercial Environment and Regulation Introduction

Business Partner Search

An entry into China can be smoothed by partnering with a local business. Sapience Pro are able to facilitate such an enquiry and ensure that you find your perfect business partner in China.

Our Services Include:

• Business Partner Search and Selection

• Business Partner Negotiation Assistance

• Business Cooperation Advisory

Sales and distribution

Sapience Pro are able to help with any queries you may have with regards to Sales and Distribution in China.

Our Services Include:

• Sales Promotion Support

• E-commerce Solution and Execution

• Distributor Search and Selection

• Distributor Negotiation Assistance

Marketing

Sapience Pro are also able to help market your business to ensure a successful entry into China

Our Services Include:

• Business Event Organization

• Website Design and Development

• Media Exposure

• Commercial Video Creation

Co-working Space

• Best Suited for Teams of 2-15 people

• 24/7 Access and Utilities

• Multi-sized Conference Rooms and Spacious Lounge

• Event Space for Presence of 70 people