Based in New York, UHY Advisors’ China Group addresses the special challenges of doing business in mainland China, Hong Kong, and Taiwan – collectively known as the “Greater China Region.” Members of the China Group advise executives of U.S. companies on a real- time basis and work closely with other professionals at UHY LLP* (an independent CPA firm) and UHY International member firms to provide in-country assistance for a seamless implementation of clients’ worldwide strategies and objectives, as well as compliance with tax and other requirements in local countries.
With a rapidly growing economy, China has undergone a fundamental tax reform. The Chinese government has adopted new corporate tax law, business tax law, value added tax law and consumption tax law and issued series of tax circulars to tighten up tax loopholes for cross-border transactions.
Adjusting business plans and strategies to keep up with China’s rapidly changing regulatory and competitive environment will become an even more complex challenge for executives of multinational companies doing business there.
Our drive for quality, integrity, and professionalism, combined with our professionals’ diversified experience and responsiveness, helps our clients achieve success in the Greater China Region and the United States.
Financial Reporting Consulting Services
- U.S. GAAP financial statements preparation*
- SEC reporting, including S-1/F-1 for IPOs, Super 8-K for reverse mergers, 8-K for various offerings, 10-Q for quarterly reviews, 10-K for annual reports*
- Sarbanes-Oxley compliance and internal controls testing
- Fin 48 and FAS 109 analysis (tax provision)
- Business valuation
- Liaising with investment bankers, private equity sources, attorneys, auditors and other service providers
- Financial due diligence
- Governance consulting
- Education and awareness
- Committee structure (Audit, Compensation, Ethics, etc.)
Tax & Consulting Services
- Market entry strategy and structuring
- Corporate tax planning, compliance, and due diligence
- Tax-efficient merger and acquisition structuring
- Financial due diligence
- Supply chain structuring and restructuring and transfer pricing studies
- Operations set up, including representative offices, joint ventures and wholly foreign-owned enterprises.
- Expatriate tax planning and compliance and restructuring
- Financial Statement audits for U.S public and private companies with significant operations in China
- U.S. GAAP audits on Chinese companies raising capital from private equity firms, public offerings and other transactions
* Attest services provided exclusively by UHY LLP. Other listed services may not be available to attest clients.