Verified, independent audit services for companies operating in Shanghai give you the financial clarity that regulators, investors, and partners require. Whether your entity is a WFOE, joint venture, or locally registered business, accurate audit reporting protects your standing with Chinese authorities and builds the confidence of overseas stakeholders who need numbers they can trust.

What You Get

Statutory Audit Report A full audit of your company's financial statements prepared in compliance with Chinese accounting standards and submitted in the format required by local authorities.
Tax Compliance Review A structured review of your corporate tax position, identifying inconsistencies between reported figures and filed returns before they become a liability.
Internal Controls Assessment An evaluation of your financial processes and internal controls, with specific findings documented and corrective recommendations provided in writing.
Regulatory Filing Support Assistance coordinating the submission of audit outputs to the relevant Shanghai administrative and tax bureaus.
Management Letter A written summary of audit findings, material weaknesses, and recommended actions delivered to your finance team or appointed representative.

How It Works

Document Collection You provide your financial records, bank statements, contracts, and prior filings through a secure channel.
Field Review The audit team examines your books, reconciles accounts, and identifies any items requiring further documentation or clarification.
Draft Report A draft audit report is prepared and shared with your team for review and factual confirmation before finalisation.
Final Delivery The signed audit report and management letter are delivered, ready for regulatory submission or investor distribution.

Who This Is For

This service is built for foreign-invested enterprises, representative offices, and Chinese-registered companies that need a credible, independently produced audit for regulatory compliance, annual inspection, or investor due diligence in the Shanghai market. It is particularly relevant for businesses whose overseas parent requires audited financials that reconcile with both local Chinese standards and international reporting expectations.

Frequently Asked Questions

Which types of entities in Shanghai are required to complete an annual statutory audit?
All registered companies in China, including WFOEs, joint ventures, and representative offices, are required to have their annual financial statements audited by a licensed CPA firm before completing annual inspection with the relevant administration authority.

Can the audit report be prepared to satisfy both Chinese and international reporting requirements?
The statutory audit is prepared under Chinese accounting standards, which is what regulators require. If your overseas parent or investors also need an IFRS or US GAAP reconciliation, that can be discussed as a separate scope item during the engagement.

What financial records do I need to provide to start the audit?
You will typically need to provide your general ledger, bank statements, invoices, contracts, prior year financial statements, tax filing records, and any relevant supporting documentation for significant transactions during the audit period.

How long does the audit process take from start to final report?
The timeline depends on the size of the entity, the volume of transactions, and the completeness of records provided. A clear timeline is confirmed once initial documentation has been reviewed.

Is this service available to companies headquartered outside China that have a Shanghai subsidiary?
Yes. Foreign parent companies with a Shanghai-registered subsidiary are a common client type. The audit covers the local entity's financials, and findings can be formatted to support group-level consolidation.

If your Shanghai entity needs a credible, properly filed audit this year, the process is straightforward when the right documentation is in place from the start.