Audit and Compliance Services in China

In China’s fast-changing business environment, audit and compliance are not just regulatory obligations—they are essential tools for transparency, credibility, and sustainable growth. For both local and foreign-invested enterprises, meeting the standards of Chinese accounting and compliance frameworks ensures long-term stability and builds trust among investors, authorities, and partners.

At Tannet Group Limited, we provide professional and comprehensive Audit and Compliance Services in China, helping companies stay compliant with local laws, maintain financial accuracy, and operate with confidence. With over two decades of experience serving international clients across China and beyond, we understand both the technical requirements and the practical challenges of corporate compliance.

What Are Audit and Compliance Services?

Audit services involve the independent examination of a company’s financial statements, accounting systems, and internal controls to verify their accuracy and conformity with Chinese Accounting Standards (CAS) and international best practices. These audits provide stakeholders with an objective assessment of a company’s financial position.

Compliance services focus on ensuring that a business’s operations, governance, and reporting meet the legal and regulatory requirements set by Chinese authorities. This includes corporate registration maintenance, annual inspections, tax filings, and adherence to labor, environmental, and industry-specific regulations.

Together, audit and compliance services help companies prevent risks, improve operational efficiency, and demonstrate financial integrity to stakeholders, government agencies, and investors.

Why Audit and Compliance Matter in China

China’s regulatory landscape is becoming increasingly stringent. The government has strengthened financial supervision, tax enforcement, and corporate governance to ensure fair competition and transparency. For foreign-invested enterprises, this means compliance is not optional—it is critical for sustainable business operations.

Key reasons why audit and compliance are essential include:

• Regulatory Requirement: All foreign-invested enterprises (FIEs), Wholly Foreign-Owned Enterprises (WFOEs), and Joint Ventures (JVs) in China are required to prepare annual audit reports and file annual returns with relevant authorities.
• Tax Accuracy and Optimization: A professional audit helps verify that taxes are correctly calculated and paid, avoiding penalties and identifying possible tax-saving opportunities.
• Investor and Partner Confidence: Audited financial statements enhance transparency, improving credibility with shareholders, banks, and business partners.
• Operational Efficiency and Risk Control: Regular compliance checks reveal weaknesses in internal controls and management systems, allowing companies to take corrective action in time.
• Support for Cross-Border Operations: Accurate and compliant reports facilitate profit repatriation, transfer pricing arrangements, and group-level consolidation reporting.

Simply put, a sound audit and compliance framework safeguards your business reputation and financial stability in one of the world’s most dynamic markets.

How Tannet Group Limited Supports Your Business

1. Statutory Audit Services

We provide annual statutory audits in accordance with Chinese Accounting Standards (CAS) and International Financial Reporting Standards (IFRS) when required. Our audit reports can be used for submission to the local Administration for Market Regulation (AMR), the State Taxation Administration, and other authorities.

2. Internal Audit and Risk Assessment

We assess your company’s internal control systems, identify inefficiencies, and recommend practical improvements to strengthen governance and financial management.

3. Compliance Review and Advisory

Tannet’s experts review your corporate structure, contracts, and daily operations to ensure full compliance with local business laws, taxation rules, and reporting standards. We help companies avoid regulatory pitfalls and maintain a clean compliance record.

4. Annual Inspection and Reporting

We assist clients with annual audit reports, financial statements, tax reconciliations, and submission of annual filings to relevant government departments, including AMR, the Ministry of Commerce (MOFCOM), and local tax bureaus.

5. Cross-Border Compliance Support

For multinational groups, Tannet provides consolidated reporting, transfer pricing documentation, and coordination with overseas audit teams to ensure that Chinese subsidiaries’ reports align with global group requirements.

Our Professional Approach

At Tannet, we believe in combining professional expertise with practical understanding. Our service process typically includes:

1. Pre-Audit Consultation – understanding your business model, structure, and reporting requirements.
2. Document Review – collecting and analyzing accounting data, bank statements, tax filings, and supporting documents.
3. Audit Execution – conducting on-site or remote audits with transparency and efficiency.
4. Findings and Recommendations – providing detailed audit reports and management advice to improve control and compliance.
5. Regulatory Submission and Follow-Up – assisting in filing and liaising with authorities to ensure smooth completion.

Our team maintains strict confidentiality and professionalism in every step, ensuring the integrity of your financial data.

 Why Choose Tannet Group Limited

• Over 20 Years of Cross-Border Experience – Tannet has extensive experience helping foreign investors establish and operate companies across Mainland China and Hong Kong.
• Professional Expertise – Our network of certified public accountants, tax advisors, and legal consultants ensures high-quality audit and compliance support.
• Localized Knowledge with Global Perspective – We understand both Chinese regulatory nuances and international reporting standards.
• Comprehensive One-Stop Services – From accounting and tax filing to corporate compliance and business consulting, Tannet offers integrated solutions under one roof.

 Your Trusted Partner for Compliance Excellence

As China continues to open its markets and tighten its regulatory systems, maintaining strong compliance and transparent reporting is more important than ever. Tannet Group Limited is committed to being your trusted partner in achieving financial accuracy, regulatory compliance, and long-term success.

Contact us today to learn more about how our Audit and Compliance Services in China can help your business stay secure, compliant, and ready for growth. Hotline: +86-755-82143181; Email: mailto:anitayao@citilinkia.com; Website: https://tannet-group.net/