Bookkeeping in Shenzhen

When you need an accountant in Shenzhen

Shenzhen is deeply tied to electronics exports, and Chinese accounting is strict and built around the fapiao system. An accountant is essential for: WFOE, VAT, fapiao, VAT refunds on exports, 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 — the foundation of accounting. Without an official invoice there is no deduction and no legal profit withdrawal.
• The Hong Kong structure. Many from CIS countries use an HK company for settlements and profit repatriation, combined with a WFOE or procurement operations in Shenzhen.
• Transferring money from Russia — USDT→RMB and international wire transfers.
• CIS documents. Apostille and certified translation — remotely.

Taxes and VAT refunds

• VAT — 13% (goods) / 6% (services); corporate income tax 25% (15% for high-tech companies, and Shenzhen is a city of high-tech incentives);
• the key topic for exporters — export VAT rebate (reclaiming VAT on exported goods);
• reporting is monthly and strict.

How to choose

• hire an accountant with experience in electronics, export, and VAT refunds;
• work out the WFOE vs. HK company structure before launch;
• a Russian-speaking specialist will reduce the risk of errors.

Looking for an accountant in Shenzhen? Describe your situation — we’ll answer your questions for free, and a specialist will personally review your case.