Tax & accounting 税务会计
Tax and accounting in China. Qualify for 15%, keep it at audit.
Hainan's 15% corporate income tax is published policy for encouraged industries with real substance on the island. We verify that you qualify, in writing, before you commit, then keep the books, filings and fapiao clean enough that the rate survives its audits.
15% CIT for qualifying encouraged industries · Verified in writing first
What it is 概述
Winning the rate is a filing. Keeping it is a system.
The Hainan FTP offers 15% corporate income tax to companies in encouraged industries with substantive operations on the island. Plenty of agencies will happily register you for it. The harder truth: qualification is tested at reconciliation and audit, years after registration, and companies lose the rate for thin substance and untidy books far more often than for the wrong industry code.
Our practice is built backwards from that audit. An honest eligibility assessment first, a substance plan sized to your actual operation, then monthly bookkeeping, fapiao management and filings that keep the file defensible year after year.
Rates and rules on this page reflect published Hainan FTP policy. They describe the policy, not your position. Nothing here is tax advice until we've assessed your case.
The problem it solves
痛点Companies that win 15% at registration and lose it at audit, with the difference assessed as back tax.
A registered address with nothing behind it on the day of the site inspection.
Books kept casually for eleven months, then reconstructed in a panic for the annual reconciliation.
Deliverables 交付清单
What "compliant" covers, month by month.
Eligibility assessment
Your activity mapped against the encouraged-industry catalogue and the substance requirements. Delivered in writing, including when the answer is no.
Encouraged-industry filing
The qualification itself: the registrations and filings that put your company on the 15% rate where you qualify.
Monthly bookkeeping & filings
Books kept to Chinese accounting standards; VAT, CIT prepayments and surcharges filed on the bureau's calendar, not ours.
Fapiao setup & management
China's invoice system configured and run properly. Here, the fapiao is the transaction.
Annual reconciliation & audit
Year-end CIT reconciliation and statutory audit coordination, prepared from books that were clean all year. No Q1 archaeology.
IIT talent filings
The 15% individual income tax cap claimed for your qualifying people, with the paperwork to support it.
Compliance calendar
Every deadline your entity owes, tracked and triggered early. Late filings cost more than accounting fees.
7 deliverables · one fixed quote, nothing invoiced mid-process
Get an itemised, fixed quote for this service.
Book a free consultationProcess 流程
One setup, then a rhythm.
Tax compliance isn't a project with an end date. The first weeks build the system; after that it runs as a quiet monthly cycle with one louder event each spring.
Qualification review
Eligibility and substance assessed against your real operation. Written conclusion, honest either way.
Week 1Registration & setup
Encouraged-industry filing, tax bureau registrations and fapiao systems configured.
Weeks 1 to 3Monthly cycle
Bookkeeping, VAT and CIT filings, fapiao issuance and bank reconciliation.
OngoingAnnual reconciliation
Year-end CIT reconciliation and audit coordination, inside the statutory window.
Each Q1, Q2Your side of the desk 您需准备
What we'll ask you for.
Less than you'd expect, and mostly once. The monthly cycle runs on records your business already produces.
Who you are on paper; the registered scope matters for the catalogue mapping.
Statements, contracts and receipts, however they currently live. We impose the order.
For the people whose 15% IIT cap filings we'll make.
If you're switching from another firm, the history comes with you. Gaps and all.
Pricing 费用
A fixed monthly fee that scales with volume, not revenue.
Bookkeeping is priced on transaction volume and complexity, a dormant entity and a busy trader are different jobs. The fee is fixed, monthly and quoted in writing; qualification work and annual filings are itemised separately, so you always know which invoice covers what.
- Fixed monthly fee quoted in writing before we start
- Eligibility assessed first, including when the answer is no
- Formation-plus-accounting bundles for new entities
Why HCSG for this 凭什么
We'd rather lose an engagement than file you into trouble.
Assessed in writing, first. If you don't qualify, you hear it from us before you register. Not from the bureau three years in.
10+ years in Haikou. We've filed under FTP policy since it arrived, and under every revision since.
Substance without theater. Address, people and activity sized to your model. Enough to hold at audit; nothing staged for show.
What comes next 相关服务
Clean books touch everything else.
Company Formation
The entity comes first. Scope and structure drafted with the catalogue in mind.
Next stepBanking & Finance
The accounts your books reconcile against. RMB and FTN, opened pre-checked.
Next stepLegal & Compliance
Contracts, licences and chop governance, the other half of the compliance calendar.
Next stepRelated reading 延伸阅读
Guides for this decision.
Tax questions 税务问答
Asked before every engagement.
01Is the 15% rate automatic once I register in Hainan?
No. Your main business has to sit in the encouraged-industry catalogue and the company needs substantive operations on the island, and both are tested at reconciliation, not just claimed at registration. We verify both for your case before you commit, in writing, so you're deciding on facts rather than a sales pitch.
02What does "substance" actually mean?
A real registered address, appropriate personnel, and genuine activity and assets in Hainan. Scaled to what your company does. A trading desk and a factory need very different footprints. We design a right-sized plan, not an expensive theater: enough to satisfy an audit because it's real, and no more than your model requires.
03What if I don't qualify?
Then you'll know before you've registered anything. For some models, mainland registration at the standard 25% honestly pencils out better once substance costs are counted, and when that's true, we say so. We'd rather tell you in week one than invoice you for three years of a structure that doesn't hold.
04Do you replace my accountant at home?
No. We handle the China side. Chinese books, Chinese filings, Chinese deadlines, and coordinate with your home-country accountant or group auditor, so consolidation and transfer-pricing questions get one consistent story instead of two.
05What does it cost per month?
It scales with transaction volume and complexity, not with revenue. A quiet holding entity and a busy trading company pay very different fees, but whatever yours is, it's fixed, monthly and quoted in writing before we start.
Client words 客户之声
From clients who’ve done this.
What I respect: they told me first what would NOT work for my case, then gave me a structure the tax bureau wouldn’t question. That honesty saved me real money.
Ononiwu Ifeanyi Kingsley海南帝金进出口贸易有限公司 · licence on fileYears of China trade through other people’s companies. HCSG set up my own in Haikou, and the margin stays with me. Brother, these people don’t disappear after you pay.
Khan Muhammad Abdullah海南小王进出口有限公司 · licence on fileRegistration, chops, tax, bank: one team, one chat group, zero chasing. Done in five weeks. My cousin’s cheap agent is still waiting. Cheap is expensive, my friend.
Eze Emmanuel Chisom海南瀛联进出口贸易有限公司 · licence on fileReal clients, real registrations, every review is paired with that client’s watermarked business licence. See the licence wall.
Next step 下一步
Find out if you qualify. In writing.
Describe what your company does and where the work really happens. You'll get an honest eligibility read, a substance outline and a fixed monthly fee. Before you commit to anything.