Bookkeeping in Guangzhou
How taxes and accounting work in Guangzhou: when you need an accountant, how much ongoing support costs and how to optimise taxes legally.
When you need an accountant in Guangzhou
Chinese accounting is strict and built around the fapiao system (official tax invoices). For Russian speakers, an accountant is needed for: WFOE, VAT, fapiao, and taxes.
Price reference: bookkeeping for a WFOE — $200–500/mo. Initial consultation with SVOY accountants — free.
What matters specifically for Russian speakers from the CIS
- Fapiao is everything. Without an official invoice (fapiao) there is no deduction and no legal profit withdrawal — this is the cornerstone of Chinese accounting.
- Transferring money from Russia — via USDT→RMB and international wire transfers; document all incoming funds officially.
- Profit repatriation from China — dividends or service payments, often routed through a Hong Kong company.
- CIS documents. Apostille and certified translation — remotely.
Taxes
- VAT — 13% (goods) / 6% (services);
- corporate tax — 25% (15% for high-tech);
- personal income tax for expats is progressive;
- reporting is monthly and strict.
VAT refund on exports
A crucial topic for traders is the export VAT rebate (VAT refund when exporting goods from China). A knowledgeable accountant helps you recover a portion of the VAT — a real saving for any exporter.
How to choose
- hire an accountant with WFOE and export experience who understands fapiao and VAT refunds;
- work out the structure (WFOE vs. HK company) before launch;
- a Russian-speaking specialist will reduce the risk of errors.
Looking for an accountant in Guangzhou? Describe your situation — we’ll answer your questions for free, and a specialist will personally review your case.
Company, taxes, and reporting in Guangzhou
Company incorporation, tax number, reporting, and income legalisation — with an accountant, that works specifically in this country. Tell us what’s already been done, and we’ll advise on the next step.
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These tasks are handled by services within the SVOY ecosystem.
Bookkeeping
Company incorporation abroad, asset legalisation, tax optimisation, and accounting support. Official and confidential.
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What else you may need
Tasks that most often come next. Each is handled by a dedicated SVOY service.
Rent or buy housing
Rental and purchase Guangzhou: prices by neighbourhood, property due diligence, and end-to-end transaction support — SVOY HOME.
Go to websiteRegularize your status
Residence permits, visas and status renewals in Guangzhou, certificates and apostille — SVOY Legal.
Go to websiteChildbirth and citizenship for the child
Childbirth in Guangzhou: clinics, newborn documentation and citizenship — SVOY Baby.
Go to websiteHalal community
Nikah, halal services, and the Muslim community in Guangzhou — SVOY Halal.
Go to websiteCompany and taxes in Guangzhou — we’ll work out which option is more cost-effective
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- Doctors and clinics
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