Uncover the Business Logic Behind Tax and Finance Rules

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Enterprise clients served

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Industry Experience

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Core Business

Five service pillars cover the entire enterprise lifecycle. Our expert team and digital tools drive upgrades in corporate financial and tax management.

Basic Financial and Tax Services

Tax and finance training, financial outsourcing, bookkeeping services, and transactional tax-finance services to strengthen your enterprise's financial foundation.

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Professional Tax & Accounting Services

Tax & Finance Advisory, Compliance & Risk Management, Financial Statement Optimization, Tax Planning – Elevate Your Financial Management Standards

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Core Financial & Tax Services

IPO Advisory, M&A and Restructuring, Control Systems, Equity Architecture, Integrated Business-Finance Operations — Empowering Enterprise Strategic Growth

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Features & Innovations

Non-performing asset tax optimization, financial and tax informatization, shared service centers, R&D expense optimization—driving financial and tax transformation through innovation.

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Tax Assurance

Professional assurance services for corporate income tax reconciliation, land value-added tax liquidation, and R&D expense super-deduction.

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Research Institute

Research Institute MaintenanceTax and Financial Laws & Regulations DatabasePublish by topicPolicy Interpretation, with source attribution and applicability conditions for each article

Latest Regulatory Updates

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Tax Laws and Regulations

Interpretation of the Announcement on Issuing the "National Tax Administrative Penalty Discretionary Standards (2026 Edition)"

The State Taxation Administration provides an authoritative interpretation of the "National Standards for Tax Administrative Penalty Discretion (2026 Edition)," covering twelve key aspects: background, main content, "no penalty for minor violations," social security contribution penalties, late filing penalties, tax evasion penalties, invoice management coordination, effective date, and more.

2026-09-28

Financial Laws and Regulations

Letter on Soliciting Opinions on the "Draft for Comments of Enterprise Accounting Standards—Accounting Subjects and Major Accounting Processes (Revised)" (Cai Ban Hui [Year 2026] No. 35)

The General Office of the Ministry of Finance issued Circular No. 2026 35, titled "Request for Comments on the Revised Draft of 'Enterprise Accounting Standards — Accounting Subjects and Main Financial Processing'". To support the development of the socialist market economy, further standardize accounting practices, unify financial operations, enhance the quality of accounting information, and facilitate the implementation of Enterprise Accounting Standard No. 30 — "Presentation of Financial Statements" (Cai Kuai [Year] No. 11), a comprehensive revision of the original enterprise accounting subject system was undertaken. The revisions cover five key areas: alignment with updated laws and regulations; support for national strategies and emerging economic sectors; responsiveness to practical accounting needs; coherence with the overall accounting standards framework; and preparation for the new presentation standard. The revised system includes six categories of subjects: assets, liabilities, common items, owner's equity, costs, and income/expenses. New subjects such as carbon emission rights assets and data resources have been added, and clarifications regarding the linkage between income/expense subjects and the new presentation standard have been improved. The deadline for submitting comments is 2026/10/30.

2026-09-28

Tax Laws and Regulations

Announcement of the State Administration of Taxation on Issuing the "National Standards for Administrative Penalty Discretion in Taxation (2026 Edition)" Announcement No. 2026 of the Year 20

The State Administration of Taxation has issued the "National Benchmark for Tax Administrative Penalties (2026 Edition)," which establishes penalty standards for 9 categories and 66 types of tax violations. These include non-compliance with tax registration management, books and vouchers management, tax declaration management, tax (fee) collection management, tax inspection management, invoice and certificate management, tax payment guarantees management, tax-related professional service management, and tax-related information reporting requirements. This benchmark takes effect on 1 11, 2026.

2026-09-28

Tax Laws and Regulations

Announcement of the State Taxation Administration on Declaration Matters Concerning Withholding Value-Added Tax by Domestic Entities for Natural Persons (State Taxation Administration Announcement No. 2026 of Year 19)

The "Declaration Form for Value-Added Tax and Surcharges Deducted by Domestic Entities on Behalf of Individuals" and its supporting documents are hereby published, effective as of 2026/11/1.

2026-09-04

Tax Laws and Regulations

Announcement of the Ministry of Finance and the State Taxation Administration on Issuing the "Administrative Measures for Withholding Value-Added Tax by Domestic Entities on Behalf of Natural Persons" (Ministry of Finance and State Taxation Administration Announcement No. 2026 of Year 28)

Issued the "Administrative Measures for Value-Added Tax Withholding by Domestic Entities on Individuals," clarifying VAT withholding rules for individuals providing R&D, software, design, consulting, and other services. Effective as of 2026-11-1.

2026-09-03

Tax Laws and Regulations

Announcement of the Ministry of Finance and the State Administration of Taxation on Matters Concerning Individual Income Tax Policy on Dividends and Bonuses for Foreign Individuals (Announcement No. 2026 of the Year 27 by the Ministry of Finance and the State Administration of Taxation)

Clarify that foreign individuals receiving dividends or bonuses from foreign-invested enterprises are subject to individual income tax on "interest, dividends, and bonus income" at a rate of 20%. The foreign-invested enterprise must withhold and remit the tax when distributing dividends or bonuses and file the tax return by day 15 of the following month.

2026-09-01

Latest Policy Interpretations

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In-depth Policy Analysis

Digital RMB 2.0 Goes Live: Money Now "Follows Rules Automatically" as the Logic of Tax and Financial Compliance Gets Rewritten

In 2026, the digital renminbi (e-CNY) infrastructure completed a systematic upgrade, combined with the 2.0 metering framework, transforming e-CNY into a fund transfer mechanism with built-in rules and immutable audit trails. This article examines how smart contracts shift tax and financial compliance from post-event review to real-time monitoring through four key scenarios: payroll distribution, government subsidies and special funds, supply chain operations, and prepaid card consumption. We provide practical guidance on account classification setup, reconciliation logic, and internal control node design.

2026-10-27

In-depth Policy Analysis

Deep Dive: R&D Expense Super Deduction vs. High-Tech Enterprise Certification – 11 Differences in Personnel Costs; Get It Wrong and Pay More Tax!

Many companies mistakenly consolidate R&D expense collection under both the super deduction and high-tech enterprise certification rules, leading to adjustments during tax audits or doubts during certification. This article focuses on personnel costs, breaking down the 11 core differences between the two frameworks across applicable personnel scope, wages and equity incentives, social security contributions, outsourced and dispatched labor, the 183-day threshold, time allocation, and employee welfare expenses. It also offers practical guidance on establishing an R&D personnel timesheet system.

2026-10-27

In-depth Policy Analysis

2026 Tax and finance landscape shifts: Compliance is an advantage, violations come at a cost | 10 Monthly highlights

2026 Fiscal and Tax Priorities: VAT Law Implementation, Shift to "Tax Governance by Data," Precise Continuation of Incentives, and Standardized Phase-Out. This article outlines key milestones in 10: the tax filing deadline on 26, earlier withholding for streamer income tax, Q3 window for R&D expense super deduction, effective date of two national regulations on 11/1, and enforcement signals released by concentrated exposure of "invoicing economy" cases.

2026-10-26

In-depth Policy Analysis

Three "fake invoicing economy" cases exposed by the General Administration have gone viral. Don't just focus on false issuance. What you really need to understand is this policy thread.

On 10 month 19, the State Taxation Administration exposed three "invoice-driven economy" cases involving tax rebates in industrial parks to lure invoices, closed-loop trade schemes to extract loans from state-owned enterprises and banks, and false invoicing by shell companies to fraudulently claim subsidies. This article identifies the emerging policy logic behind these cases: shifting invoices from "operational tools" back to "transaction records." It analyzes changes in judicial interpretation, administrative regulatory boundaries, and compliance requirements for park tax rebate agreements, outlining three critical actions businesses must recalibrate.

2026-10-23

In-depth Policy Analysis

Data asset capitalization has been discussed for two years. What truly plagues the finance and tax community are these four unresolved gaps.

Data asset capitalization evolved from its "inaugural year" in 2024 to the "water-removal" phase in 2026, with over 130 companies having completed capitalization. This article examines four critical gaps exposed after rule implementation: the suspension of data asset ABS, mismatches between book and actual assets during bankruptcy liquidation, unintended effects of tax and financial incentives, and local negotiations over revenue sharing in public data authorized operations. It outlines the most significant changes for tax professionals to watch now.

2026-10-22

In-depth Policy Analysis

Breaking: National Data Group Officially Established. Is the "Sky" of the Finance and Tax Industry About to Change?

The National Data Group was officially launched in Xiong'an New Area on 10/20, accelerating the marketization of data elements. This article analyzes three key impacts: faster recognition of data assets on balance sheets, a shift in tax base logic, and a reshuffle of the financial services industry. It also highlights risks related to incomplete supporting regulations, valuation impairments, and data compliance, offering practical guidance for corporate CFOs, tax institutions, and finance professionals.

2026-10-21

Customer Case Studies

All cases are anonymized, focusing on problem structure, resolution methods, and deliverables.

Manufacturing

A well-known manufacturing company

Challenge:Facing complex tax compliance issues and cost control pressures

Solution:Comprehensive tax planning strategies and financial process optimization

Results:Deliver the "Tax Risk Checklist," "Transfer Pricing Principles," and "Consolidated Financial Statement Preparation Guidelines."

Deliverables:Pricing Principles Overview, Calculation Standard Comparison Table, and Control Process Manual

Internet

A technology innovation company

Challenge:Tax and financial compliance and equity structure design needs for rapidly expanding businesses

Solution:Equity structure design and cross-border tax planning services

Results:Deliver the "Equity Structure and Incentive Plan" and the "Pre-Financing Financial Compliance Checklist".

Deliverables:Shareholding Platform Organizational Chart, Individual Income Tax Calculation Sheet, Due Diligence Document Checklist

Retail

A chain retail enterprise

Challenge:High complexity in multi-store financial management and tax filing

Solution:Deploy a digital finance and tax system for centralized management

Results:Deliver the "Unified Accounting Standards for Multi-Store Operations" and the "Financial Shared Services Process Manual".

Deliverables:Revenue Recognition Rules, Inventory & Expense Reimbursement Processes, Report Templates

Service Industry

A Professional Services Group

Challenge:Standardizing Finance and Taxation and Building Team Capabilities Under Group-Level Control

Solution:Provide financial and tax control system design and professional training services

Results:Deliver the "Group Financial and Tax Standardization Manual" and the "Job Responsibilities and Authorization List."

Deliverables:Calculation standards, approval authority matrix, training materials

Healthcare

A Healthcare Group

Challenge:Complex financial accounting across multiple campuses with high tax compliance requirements.

Solution:Establish a unified financial accounting system and provide specialized tax planning for the healthcare industry.

Results:Deliver "Campus Accounting and Tax Processing Guidelines" and "Healthcare Industry Compliance Checklist".

Deliverables:Cost Collection Rules, Tax Matters Checklist, and Filing Template

New Energy

A New Energy Technology Company

Challenge:High R&D investment with complex application of tax incentive policies

Solution:One-stop service for R&D expense super-deduction and high-tech enterprise certification.

Results:Deliver "R&D Project Ledger and Auxiliary Ledger" and "High-Tech Enterprise Certification Materials Checklist".

Deliverables:Project Initiation Resolution, Time Logs, R&D Expense Allocation Sheet, Reference Directory

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Key Accounts

Trusted choice. Proven expertise.

Bonard (Group)

SHEIN

Guangdong Broadcasting Network (Group)

Biem.L.Fdlkk (Publicly Listed Company)

Xin & Hao (Group)

Hao Laike (Group)

Zengcheng Urban Investment (Group)

Ipeke Environmental Protection

Coal Industry

Zhanjiang Development Zone Water Affairs