Your Trusted Partner for Doing Business in China

Shanghai Zhenying Accounting & Financial Consulting helps foreign entrepreneurs and small businesses set up, stay compliant, and grow in Shanghai and the Yangtze River Delta.

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Our Services

End-to-end financial and compliance support for your China business

Company Registration

Business scope design, WFOE registration, bank account opening support, tax registration, and invoice (fapiao) application — all handled for you.

Bookkeeping & Tax Filing

Monthly bookkeeping under Chinese GAAP, VAT and corporate income tax filing, zero-filing support, and document management.

Annual Compliance

Annual tax reconciliation, corporate annual report filing, foreign exchange reporting, and audit coordination.

Business Advisory

Tax planning for small businesses, export VAT refund guidance, payroll and social insurance support, and visa-related document assistance.

Why Choose Zhenying

We speak your language — literally and professionally

Bilingual Service

Clear communication in English and Chinese, so nothing gets lost in translation.

Local Expertise

Based in Shanghai with deep knowledge of local regulations in the Yangtze River Delta.

Small Business Focus

We specialize in serving foreign SMEs and sole proprietors — your size is our sweet spot.

Transparent Pricing

No hidden fees. You know exactly what you pay for from day one.

Common Questions

Quick answers for foreign entrepreneurs starting out in China

A WFOE (Wholly Foreign-Owned Enterprise) is a limited liability company fully owned by foreign investors. It is the most common structure for foreign businesses operating independently in China.
The main taxes include VAT (typically 1%–13% depending on industry), corporate income tax (standard rate 25%, with reduced rates for small businesses), and surcharges. We help you determine the exact obligations for your business.
A fapiao is an official Chinese invoice issued through the tax authority system. It is required for tax deduction and compliance — very different from a regular receipt.
Yes. Even with zero revenue, you must file monthly and quarterly tax returns ("zero filing"). Failure to file can result in penalties and affect your company's credit standing.
Typically 2–4 weeks in Shanghai, depending on the business scope and document preparation. We guide you through every step to keep the process smooth.
Yes, a foreign individual can serve as the legal representative, executive director, and supervisor of a WFOE. No Chinese residency is required, though a local registered address is needed.

Get in Touch

Ready to start your business in China? We'd love to hear from you.

info@zenwinco.com

We typically respond within 1 business day. Feel free to write in English or Chinese.