Hangzhou Service Coverage dxb2cn.east
Contact window:
Manager New York State Lawyer Alison Chen, well-English speaker, USA Graduate School Alumni
Mobile: +1-510-813-2463
E-mail: sales.china@evershinecpa.com
>>Other Cities in China
>>Hangzhou Company Registration
>>Hangzhou WFOE on-line Accountant Services
>>Hangzhou Payroll Compliance Service
In Hangzhou City, we provide services including company registration, online accountant using cloud web system, payroll compliance and other services.
Evershine already serves more than Subsidiary in Great China Area for 160 MNCs (2014, Oct). Reference list will be provided upon request.
Our service coverage:
*Company Registration
*Trademark Registration
*Work Permit Application
*China Z-Visa Application
*Work Certificate Application
*Residence Permit Application
How to know what kind of entity in Hangzhou you need to register?
With Tax ID? | Issues Sales Invoices? | Legal Entity? | Wholly Owned by a Foreigner? | |
Representative office | Yes | No | No | Yes |
Branch | Yes | Yes | No | Yes** |
Subsidiary | Yes | Yes | Yes | Yes |
Joint Venture | Yes | Yes | Yes | No |
**Indirectly owned by Hangzhou WFOE.
1) Representative Office
1.1 Expenditure payment to company’s vendors and employees
1.2 Payroll compliance issues handling
1.3 No need to issue local invoices in your representative office
1.4 The sale is directed to the parent company
2) Consulting WFOE
2.1 It is a legal entity and independent domestic company
2.2 Some cities can only issue General Sales Invoice, not VAT Sales Invoice
2.3 Minimum Capital is RMB 100,000 to 300,000
3) Trading WFOE
3.1 It is a legal entity and independent domestic company
3.2 General and VAT Sales Invoices issuance, expense payments and inventory purchasing
3.3 Minimum Capital is RMB 500,000 to 1,000,000
3.4 Needs approval from 9 government agencies
4) Manufacturing WFOE
4.1 It is a legal entity and independent domestic company
4.2 Issues General and VAT Sales Invoices
4.3 Minimum Capital depends on company’s business plan
4.4 Needs approval from 11 government agencies
5) Branch owned by China WFOE
(After setting up China WFOE, you can set up branch everywhere in China)
5.1 Direct issuance of sales invoice to the client by your branch
5.2 Payment of expenditures and inventory purchasing
5.3 Not a legal entity; all of its behavior is on behalf of your China WFOE
Hangzhou WFOE Online Accountant Services
After completing WFOE Registration, we provide Trust-EnhanserR 4 in 1 services:
*Accounting and Tax Compliance
*Paying and Web-Bank Account Creation
*Payroll Compliance
*Cloud Accounting System Platform
We provide Trust-EnhanserR 4 in 1 services for these enterprises (abbreviated as WFOE) in China. We undertake four functions including Accounting & Tax, Finance & Payroll Compliance, and Cloud System Provision. WFOE stands for Wholly Foreign Owned Enterprises.
We will act as your in-house accountant using web-platform system to create a collaborative working environment. Evershine staff don’t need to sit in your office but act as your accountants.
No need for you to fill your Accounting, Finance, Payroll and IT Departments in your WFOE in China. Fraud-proof, Seamless collaboration, Hassle-free are some of our service features.
Your company’s CFO or any assignee can approve payment request/s and do the money transfer through online banking anytime, anywhere!
As Evershine’s Standard Operating Procedure (SOP), we issue monthly reports within seven (7) days in compliance with IFRS.
We use a web-platform in servicing our clients belonging to our spin-off company, Evershine BPO Service Corp.
Our service also includes:
Payroll Cycle — Leave Application, Shifting Schedule, Payroll Calculation, Insurance, Pension Fund, Pay Slip Provision
Expenditure Cycle — Expenses: Employee, Office & Travel
Receiving Cycle — From Order to Cash
Payment Cycle — Purchases to Payment
General Ledger — Records to Report
VAT Filing
Cost Accounting
Hangzhou Payroll Compliance Service
Our Service Coverage
* Company Registration of Hangzhou WFOE (Wholly Foreign Owned Entity)
* Work Permit application in Hangzhou
* Working Visa Application in Hangzhou
* Local Services for expatriates like airport pick-up, hotel and renting, bank account etc,.
* Online Payroll Management System
* File for listing and delisting of Social Insurance and Housing Fund
* Gross salary calculation based on fixed and non-fixed salary, Leave and Overtime
* Social Insurance Charge paid by the company and employee
* Housing Fund Charge paid by the company and employee
* Withholding Tax
* Gross salary and net-cash salary
* Salary wire transferring services
* Delivering payment slip to each employee
* Accepting query from each employee.
* Monthly withholding tax report to Tax Bureau.
* Severance pay application
Our Online Payroll Management System includes the following modules:
* Online Basic Data collection
* Online Payroll Parameter collection
* Online Leave authorization
* Online Overtime authorization
* Online Payroll Calculation
* Online Proposal authorization
* Online Pay slip
* Custom tailor made if necessary
* Salary wire transferring services through local web banking function authorized by three roles including “Maker”, “Reviewer” & “Approver”. Evershine staff would play “Maker” role.
Payroll Compliance Regulations in Hangzhou:
1. Once an employee is on board, he/she needs to apply for Social Insurance on the 1st day. If an employee wishes to leave the company, he/she must file her removal from social insurance.
2. Payroll for each employee includes taxable salary and tax-free salary. Taxable salary must pay withholding income tax with rates varying according to the number of his/her dependents. Income tax withheld by company must be paid to the Tax Bureau before the 15th day of following month.
3. Each employee must have social insurance and pay housing fund. Computation is derived from “last year’s average monthly salary” as a basis in multiplying certain percentage. Chinese government authority will provide “last year’s average monthly salary” of earners every end of March. This base will be calculated from April to next March. Except when an employee bear his/her portion fees, employers have to undertake most of them. Payments shall be made to the Bureau of Labor Insurance, National Health Insurance Council and the Employee Pension Board before the 15th day of the following month.
How do we collaborate with your subsidiary staff to do payroll processing job?
First, your staff will use Online Payroll Management System, designed by Evershine, to provide accurate information
1. Using Evershine system, your employees can fill in salary-related information, such as fixed salary, non-fixed salary, Leave data, Overtime data, “Last year’s average monthly salary”, Bank account information, E-mail Address, etc.
2. If you have your own human resource management system, you can provide us your monthly gross salary file for us to upload them in our salary management system.
Second, we use the Payroll Calculation Module to generate Monthly salaryspreadsheet
1. 3 days before payday, in accordance with data files provided by your staff, we use Payroll Calculation Module to generate Monthly salary spreadsheet. It includes:
* Social Insurance Charge paid by the company and employee
* Housing Fund Charge paid by the company and employee
* Withholding Tax
* Gross salary and net-cash salary
2. Monthly salary spreadsheet must be approved by your authorized personnel staff.
3. After approval, file will be uploaded to your assigned bank for direct money wiring to each employee’s bank account.
Third, we present pay slip through different delivery routes in secure ways as below:
1. Individual pay slip delivery by email in .pdf format with encryption
2. We also allow each employee to check his/her own pay slip through cloud server.
3. Questions and clarifications are handled by our personnel over the phone.
Other Services
*Market Expansion services
*Market Research
*Trademark application
*Domain Name (.cn) application
*Due diligence
Contact Us
If you have international tax planning issues, please send email to HQ4dxb@evershinecpa.com
We will respond within 1-2 working days.
Or you may contact,
Evershine Hangzhou Office
Room 908,Tian heng Mansion, No. 1509, Binsheng Rd, Binjiang District, Hangzhou, PRC
Miss Cherry Lee, Chinese & English speaker
Email: sales.hangzhou@evershinecpa.com
Mobile: +86-136-5663-4136
Additional Information
Evershine has its 100% owned office to provide you services in below cities:
Taipei, Beijing, Shanghai, , Xiamen and Hangzhou
We have been providing our services with our partners in cities listed below:
Kaohsiung Taiwan, Singapore, Hon Kong, Dubai Japan, Hangzhou China,
Nanjing China, Guangzhou China, Dongguan China, Shenzhen Chen, Suzhou China,
Kunshan China Kuala Lumpur Malaysia
We can arrange co-serving partners for other locations not mentioned above, please click the links to find out more: IAPA Members and LEA Members. There are many Evershine CPAs Firm assoicates around the world. We have around 980 firms with 38,000 employees in about 450 cities. If your firms are located in the above-mentioned cities, we can serve you right away.
You may also reach us through HQ4dxb@evershinecpa.com