Comprehensive Advisory & Regulatory Solutions
Seven multidisciplinary practice pillars backed by Singapore corporate governance, 20+ years of operational execution in mainland China, and SSAE 18 (SOC 1) accreditation.
PRC Statutory Audit & IFRS Assurance
Under Chinese commercial law, all Foreign-Invested Enterprises (FIEs) must complete an annual statutory audit conducted by an independently licensed Chinese CPA firm before annual tax clearance and dividend distribution can proceed.
Our audit entities—SBA Stone Forest CPA Co., Ltd. and SBA Stone Forest (Beijing) CPA Firm—deliver rigorous statutory audits adhering strictly to Chinese Auditing Standards, while concurrently reconciling local balances with international frameworks (IFRS and US GAAP).
- PRC Statutory Audit Reports: End-to-end statutory certification submitted to the State Administration for Market Regulation (SAMR) and tax bureaus.
- CAS to IFRS / US GAAP Reconciliation: Conversion and group reporting packages tailored for overseas parent boards and listed audit committees.
- Capital Verification & Agreed-Upon Procedures (AUP): Mandatory capital injection verifications and targeted investigations into specific financial items.
Tax Compliance, Structuring & Transfer Pricing
Navigating China’s Golden Tax System (Jinshui IV) requires deep technical competence and strategic dialogue with local tax bureaus. Operating via Beijing SBA Stone Forest Certified Tax Agents, we manage complex national and municipal tax burdens while safeguarding against punitive audits.
- CIT Annual Clearance (汇算清缴 - Hui Suan Qing Suan): Comprehensive reconciliation of revenue, non-deductible expenses, and tax credits by May 31 annually.
- Transfer Pricing Contemporaneous Documentation: Preparing Master File, Local File, and Special Issue documentation compliant with SAT Public Notice [2016] No. 42.
- Cross-Border Dividend & Royalty Repatriation: Structuring dividend flows to qualify for reduced 5% withholding tax under Singapore-China or Hong Kong DTAs.
- HNTE & R&D Tax Super-Deduction: Qualifying technology enterprises for 15% preferential CIT and 100% additional deduction on qualifying research expenditure.
Market Entry, WFOE Incorporation & Secretarial
Establishing a compliant legal entity in mainland China requires meticulous alignment between business scope definitions, capital adequacy, municipal zoning, and banking requirements. We handle the complete lifecycle of entity formation across 60+ cities.
- Wholly Foreign-Owned Enterprise (WFOE): Incorporation completed in 4 to 8 weeks, including Articles of Association drafting and commercial license issuance.
- Joint Ventures (JV) & Representative Offices (RO): Equity Joint Venture agreements, partner protection covenants, and liaison office governance.
- Hong Kong Company Secretarial Services: Comprehensive corporate secretarial retainers for private subsidiaries and HKEX-listed holding structures.
- Strategic Legal Practice Alliance: Partnering with Shanghai Veritas Law Corporation for formal commercial contracts, IP enforcement, and dispute resolution.
Accounting BPO & CFO Support Services (ACS)
Our Accounting & Advisory Practice operates as an agile, fully bilingual extension of your regional finance team, mitigating high internal staff turnover, software obsolescence, and localized reporting vulnerabilities.
- End-to-End BPO Execution: Order to Cash (OTC), Procurement to Payment (PTP), and Record to Report (RTR) managed under SSAE 18 (SOC 1) standards.
- CFO Support Services: Interim or project-based executive financial leadership, commercial forecasting, working capital optimization, and bank credit negotiations.
- Accounting Record Reconstruction: Diagnostic forensic review and general ledger reconstruction for enterprises with historical bookkeeping errors or missing fapiaos.
- Financial Shared Service Center (FSSC): Multi-location feasibility, centralizing finance operations from 10+ Chinese provinces into a single hub.
Managed Payroll & Global Mobility (PRS)
Administering payroll across China involves fragmented municipal social insurance rates, strict individual income tax (IIT) withholding schedules, and rigorous data protection laws under PIPL and GDPR. We manage mid- and senior-level executive payroll exceeding RMB 500 million annually.
- SSAE 18 (SOC 1) Audited Payroll: Accurate computation of base salary, commissions, 5 insurances + 1 housing fund, and statutory severance.
- E-HR SaaS & Employee Mobile App: Digital delivery of encrypted electronic payslips, online leave requests, and tax documentation.
- Global Mobility & Expat Work Permits: Fast-track foreign employee work permit classification (Category A/B), medical checks, and residence permit renewals.
- Professional Employment Services (PES/EOR): Compliant employment and onboarding solutions across APAC for businesses exploring market feasibility prior to formal incorporation.
C3 Cloud Corporate Seal Management
In China, physical corporate seals (chops) represent ultimate corporate authority. A compromised chop can incur binding contracts, unauthorized corporate debt, or asset transfers. The C3 Cloud Corporate Seal Management system solves the foreign investor's chop dilemma.
- IoT Smart Seal Enclosure: Seals are mechanically locked inside biometric smart hardware, preventing unauthorized manual application.
- Multi-Level Digital Approval: Overseas executives review stamped documents and approve or reject stamping requests via mobile app or web portal in seconds.
- Automatic Visual Audit Capture: Integrated high-definition cameras capture high-resolution photos of each stamped page, stored in encrypted cloud archives with GPS location and timestamp.
China Outbound (ODI) & Cross-Border M&A
As Chinese enterprises globalize and multinational corporations acquire strategic Chinese commercial assets, our cross-border advisory practice guides transactions from regulatory filings to closing integration.
- Outbound Direct Investment (ODI) Compliance: Securing regulatory approvals from the National Development and Reform Commission (NDRC), Ministry of Commerce (MOFCOM), and State Administration of Foreign Exchange (SAFE).
- Transaction Due Diligence: Buy-side and sell-side financial and tax due diligence identifying unrecorded tax liabilities, undisclosed liabilities, and working capital peg definitions.
- Singapore Regional Hubbing: Structuring holding entities in Singapore to leverage favorable IP regimes, double tax treaties, and stable legal jurisdiction.
Select the Right Service Architecture for China
Our senior bilingual practice leaders in Singapore and across 8 China commercial hubs will tailor an engagement scope to your operating model.