ESmart+

Integrated corporate service package

ESmart+ is a fully integrated corporate service package built specifically for companies operating in China, combining Finance, Accounting and Tax, Human Resources, IT and Applications, and Legal into one tailored, end-to-end operational solution. This all-in-one support releases your management in China from administrative burdens, while at the same time is very cost efficient especially for smaller setups in China compared to inhouse structures.

Detailed module services

Module I – Finance, Accounting and Tax

• Monthly bookkeeping strictly in accordance with local Chinese accounting standards
• Preparation of timely and accurate financial reports
• Full VAT invoice management and reconciliation
• Statutory and voluntary audit of annual and group financial statements from corporations and partnerships according to Chinese, German and international (Chinese GAAP / HGB / IFRS / US-GAAP) accounting standards
• Monthly and quarterly tax filings to meet all local tax authority deadlines
• Management of China company seals and chops, including usage control and safekeeping
• Comprehensive banking support, from account opening to daily transaction handling
• Facilitating cross-border transfers including currency conversion.

Module II – Finance, Accounting and Tax

• Monthly payroll review, disbursement, and reporting
• Declaration and contribution management for China social security and housing fund
• Employee care programs and benefit planning
• End-to-end recruitment services for Mainland China positions
• Full processing of Work and Residence Permits and visas for international staff
• Structured resignation support, including exit formalities and final settlements

Module III – Finance, Accounting and Tax

• ERP setup and maintenance advisory, including Chinese ERP systems KingDee and international solutions such as SAP or Microsoft MS Business Central 365
• Configuration and setup of IT systems, including both hardware and software
• Annual compliance and cybersecurity reviews aligned with China’s DSL (Data Security Law) and PIPL (Personal Information Protection Law)
• Advisory and compilation of internal IT policies, procedures, and documentation
• Practical cybersecurity training for your staff to raise awareness and reduce human-error risks

Module IV – Finance, Accounting and Tax

• Advisory on corporate governance best practices for foreign-invested and domestic companies in China
• Handling of intercompany arrangements, including transfer pricing and service agreements
• Business contract setup, drafting, and review in full compliance with PRC law
• Drafting of labor-related documents, such as offer letters, labor contracts, warning letters, and termination agreements
• Advisory and drafting of employee handbooks tailored to your company culture and Chinese legal requirements
• Intellectual Property Rights advisory covering trademarks, patents, copyrights, and trade secret protection in China
• Guidance on Trade, Distribution and Customs Law, including import export compliance, customs valuation, and distribution agreements
• Advisory on Artificial Intelligence regulations, algorithmic filings, and data governance for AI systems
• Ongoing advisory on other legal and compliance topics, including data privacy, commercial disputes, and regulatory updates

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