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Common Errors in Accounting, Tax, Forex Management of FIEs in China


Common Errors in Accounting, Tax, Forex Management of FIEs in China
Common Errors in Accounting, Tax, Forex Management of FIEs in China
December 22, 2020 Posted by China Briefing
Reading Time:
7 minutes
By Amber Liu, Dezan Shira & Associates’ Shenzhen Office
For foreign-invested enterprises (FIEs) operating in China, it is not rare to see that a host of problematic issues get disclosed in the year-end audit. Accounting, tax treatment, and foreign exchange management are among the most mistake-prone areas for such entities.
In this article, we list out some of the most common errors observed in FIEs, to help companies optimize their internal finance processes, get the most out of their annual audit, and why it is necessary to secure advice from qualified service providers. ....

People Bank , International Financial Reporting Standards , Chinese Accounting Standards For Business Enterprises , Administration Of Foreign Exchange , Chinese Accounting Standards , Chinese Generally Accepted Accounting Principles , State Administration , Foreign Exchange , Internal Audit , மக்கள் வங்கி , சர்வதேச நிதி புகாரளித்தல் தரநிலைகள் , சீன கணக்குவைப்பு முறை தரநிலைகள் க்கு வணிக நிறுவனங்கள் , சீன கணக்குவைப்பு முறை தரநிலைகள் , வெளிநாட்டு பரிமாற்றம் , உள் தணிக்கை ,