“...status selection and implementation, tax optimization, restructuring, liquidation... and support”
“...provide risk analysis on strategic accounting and tax issues”
Tax Advisory & Audit
To meet the demands of foreign-invested company leadership, home country tax regulations, and market pressures within the complexities of the Chinese tax system may require that you seek professional advisory services. S. J. Grand provides a number of strategic tax advisory services including status selection and implementation, tax optimization, restructuring, declaration and liquidation. We also provide liaison support for working with local and national tax bureaus in cases such as fraud investigation and litigation.
Corporate Tax Filing
All Limited Liabilities Companies and taxable representative offices must compute and file monthly and quarterly Income Tax, VAT, Business Tax, and other tax reports. S.J. Grand offers sound outsourced solutions to allow our foreign clients to focus on their core business activity and avoid potential losses due to tax mis-calculation or missed tax filing deadline penalties.
Negotiation with Local & National Tax Authorities
Foreign enterprises operating in China will often face tax issues that require explanation and possible negotiation with local and national tax officers such as tax status change, temporary tax legislation non-compliance, and the creation of a new taxable entity. S.J. Grand has both the knowledge and long-standing relationships with local and national tax authorities to smoothly and sensitively handle these issues and avoid potential conflicts such as blacklisting.
Payroll Management
Company payroll is often a sensitive account within the internal operations of a business. We feel that separating these processes from daily transactions by outsourcing these accounts and tax associations is a secure way to maintain confidentiality within your firm. S.J. Grand consultants in coordination with client management will formulate and implement salary payment, declaration, and basic tax optimization solutions and will prepare and complete salary sheets and monthly tax filing.
Tax registration
S.J. Grand is an active participant in our foreign clients' entrance into the Chinese market by overseeing important setup period processes such as compulsory tax registration and tax status determination. This phase is crucial to the development and sustainable operations of our clients' businesses in China.
Audit
In China’s increasingly demanding operational and regulatory environment, S.J. Grand provides financial and managerial accounting, procedural and internal control, forensic, and due diligence-related audit services. An annual statutory audit is required for all foreign invested enterprises and representative offices subject to taxes. In conjunction with local partner firms, S.J. Grand can assist in delivering annual audit reports in compliance with Chinese administration regulations tailored to meet our foreign clients' accounting oversight needs.
Other Risk Management Services
S.J. Grand has unique expertise developing solutions to help our foreign clients manage their business risks. Not only do we provide risk analysis on strategic accounting and tax issues such as limited reviews, tax situation assessments, and corporate governance requirement compliance mentioned above, we also provide business risk services ranging from operations to strategic issues such as implementing risk management solutions into business planning, providing risk assessments through cost-benefit analysis on operations and investment opportunities, and creating risk implementation systems and processes.
Commercial Due Diligence
S.J. Grand provides FDI and portfolio investors with a quickly identifiable and narrow-downed list of investment targets through our tailored market research, competitor analysis, channel analysis, financial and legal due diligence, and company financial valuation services.
M&A Due Diligence
Penetration in the Chinese market may be achieved through the acquisition of a local company with business synergies. Such practice is becoming easier with recent and likely future privatizations of Chinese State Owned Enterprises. S.J. Grand's analysis goes beyond standard asset and liabilities account reviews and seeks to evaluate real target company value which can reveal potential weaknesses and less obvious opportunities key to effective acquisition negotiations. S.J. Grand offers partial and holistic due diligence solutions throughout the various phases of our clients' M&A process.
Debt Restructuring & Recovery
S.J. Grand advises on debt restructuring plans, debt recovery, and the more complex side of liquidation procedures including non-performing loans. We evaluate cash flow limitations, accounts receivable, and other liabilities against market timing in order to establish optimal restructuring and recovery agreements.
Financial Strategy & Business Modeling
S.J. Grand assists CFOs and other senior management to evaluate, develop, and restructure financing strategies, operational processes, pricing, etc., to maximize fiscal efficiency and minimize risk exposure.