Businesses operating in China face audit requirements that differ significantly from Western standards, and errors in compliance carry serious regulatory risk. This service delivers independent company audits in Shanghai conducted under Chinese accounting standards, giving your entity the verified financial records it needs for annual filings, investor reporting, tax compliance, and due diligence.

What You Get

Statutory Audit Report A fully compliant audit report prepared in accordance with Chinese Generally Accepted Accounting Principles and applicable regulatory requirements for your entity type.
Financial Statement Review A thorough examination of your balance sheet, income statement, and cash flow records, identifying discrepancies before they reach regulators.
Tax Compliance Verification Cross-referencing of your financial records against VAT, corporate income tax, and withholding tax obligations filed with the Shanghai tax bureau.
Internal Control Assessment A structured review of your financial controls and reporting processes, with written findings delivered in clear, actionable language.
Management Letter A confidential summary of material findings, risk areas, and recommended corrective actions addressed directly to company leadership.

How the Process Works

Document Submission You provide your financial records, bank statements, and supporting documentation for the audit period.
Field Review The audit team examines your accounts, reconciles figures, and requests any clarifications needed from your finance team.
Draft Report A draft audit report is prepared and shared with you for review before finalization.
Final Issuance The signed, stamped audit report is issued in the format accepted by Shanghai regulatory and tax authorities.

Who This Audit Service Is For

This service is designed for wholly foreign-owned enterprises, representative offices, joint ventures, and domestic Chinese companies registered in Shanghai that require an annual statutory audit, are preparing for a capital raise, or need verified financials for a cross-border transaction. It is equally suited to finance teams that have identified discrepancies in prior filings and need a clean, defensible audit record going forward.

Frequently Asked Questions

Is this audit accepted by the Shanghai Administration for Market Regulation and local tax authorities?
The audit report is prepared to meet the requirements of Chinese statutory regulations and is formatted for submission to the relevant Shanghai municipal authorities, including tax bureaus and market regulation bodies.

Which entity types are covered by this service?
The service covers wholly foreign-owned enterprises (WFOEs), representative offices, joint ventures, and domestically registered Chinese limited liability companies operating in Shanghai.

Do you provide the audit in both Chinese and English?
Audit reports are issued in Chinese as required by regulation. An English version can be prepared alongside the official report for internal reporting, board presentation, or international investor use.

What documents do I need to provide to begin the audit?
You will typically need to provide your general ledger, bank statements, invoices, tax filing records, and prior year financial statements. A full document checklist is provided at the start of the engagement.

How long does the audit process take?
Timeline depends on the complexity of your entity and the completeness of records provided. A detailed schedule is agreed at the outset so your team can plan accordingly.

Can this service support our annual inspection filing deadline?
Yes. If you have an upcoming annual inspection or tax settlement deadline, that timeline is factored into the audit schedule from the beginning of the engagement.

If your Shanghai entity needs a reliable, regulation-ready audit report, this service gives your finance team and stakeholders a clear, verifiable financial record they can act on with confidence.