It is time to finish the company's bank reconciliation now. Each company in China commonly in each quarterly needs to do this work, if fail to do it before the deadline, the company's bank maybe can't use as normal, for example can not make payments from the account or even more seriously can't receive money from other parties. If meet such situation, to let it into normal situation, the company needs to do some process in the bank, it is a little complicated, so it is also an important regular work. Please remember to do it timely.
How to do it? In fact, the normal process is very simple. Just log in to the company's each online bank, and choose the bank reconciliation menu, and confirm the balance. Please make sure to do it before the deadline regulated by the company's bank.
Let us see more regular works a company should to do in China before a certain deadline.
1. Monthly/ quarterly tax filing before tax filing deadline.
2. Application for the service fee for collection individual income tax before March 30th each year.
3. Annual settlement of enterprise income tax before May 31th each year.
4. Annual report launched by State Administration for Market Regulation before June 30th each year.
Please contact us with any enquiries
wcx@ruanyinchina.com
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