迈珀财务 CMAP - Cloud Accounting & Business Advisory

Highlights

How We Differentiate Ourselves From Mainstream Service Providers

Accrue Based Book Keeping CMAP

Ensure the integrity of your book and financial reports

Recognizing revenue and expenses based solely on available fapiaos leads to misleading financial reports and incorrectly reporting tax liability of your business.
Cloud based accounting technology enables our accountants to have full visibility of your business’s operations, so that we can categorize transactions and accrue revenue and expenses correctly.

Effectively Meets Compliance Requirements

Get rid of fapiao accounting and avoid tax risks

Fapiao accounting is the lowest quality but widespread methods of meeting a business’s compliance requirements, carrying the greatest financial risks in the long run.
With our expertise in local tax settings and full visibility about your business, our accounting professionals help to structure an operational plan that provide complete coverage of compliance requirements.

Sound Internal Control Procedures

Ensure your business is operating as you intended it to

Common internal control problems in China, such as theft of company assets and manipulation of performance metrics, poses challenges to management from realizing business goals.
Our business advisory helps put in place internal control procedures to guide employees and management on daily operations. Avoid material loss of assets/resources and ensure the accuracy and reliability of financial reporting.

Tax Strategy and Planning

Business setup and daily tax planning maximize take-home profit

Adequate tax planning has significant effect on the cash ﬂow of the business. If mishandled, it may lead to the business paying more taxes and hurting its cash ﬂow by recognizing its tax liability early.
We help to setup the right business structure helps minimize your tax liability and maximize your take-home profit.

Work Inside Your Business

Become your true virtual CFO to oversee your financials

It’s important that your external business advisor has the necessary visibility of business activity and get involved inside the day-to-day operations in order for them to adequately perform their role.
By working inside your business, we help to prevent material losses before they occur. We also provide valuable management reports and help make important decisions.

SAAS Business Applications

Your business software won’t always work well in China

Software implementation in China most often fails because western managers assume that their homeland software can work well in China and employees can undergo rapid change.
We help you select and deploy light-weighted SAAS applications, and adopt a step-by-step approach to implementation, starting with the most critical controlling elements.

About Us

Mission

Our mission is to be the strategic partner for sustainable development for foreign-invested enterprises in China.
We are dedicated to delivering outstanding financial, tax, and corporate governance consulting services.
Our goal is to assist clients in achieving financial health, optimizing tax strategies, and elevating corporate governance standards, thereby ensuring their sustained success in the highly competitive business environment.

We firmly believe that as financial and tax consultants, our responsibility extends beyond providing specialized financial services.
We are committed to collaboratively exploring and formulating strategies aligned with the principles of sustainable development.
Through establishing close partnerships with our clients, our aim is to help them not only prosper financially but also champion practices of social responsibility, environmental sustainability, and good governance.

At CMAP, we recognize that CFOs are not just experts in finance but also pivotal drivers of corporate strategy.
Consequently, we are dedicated to cultivating and nurturing high-caliber financial professionals, empowering them to play a crucial role in corporate decision-making and become strategic partners in realizing sustainable business growth for our clients.

In essence, our mission is to create value by assisting clients in establishing robust financial foundations, optimizing tax strategies, enhancing corporate governance standards, and driving sustainable development for their success in the dynamic landscape of the Chinese market.

Core Values

Excellence: We strive for the highest standards in financial, tax, and governance services.
Integrity: Upholding ethics and transparency, we build trust in all interactions.
Innovation: Embracing creativity, we seek innovative solutions for evolving challenges.
Collaboration: Through teamwork and partnerships, we enhance collective capabilities.
Client-Centric: Client success is our priority; we tailor solutions to meet unique needs.
Professional Development: We invest in continuous learning to maintain cutting-edge expertise.
Sustainability: We integrate ESG considerations, advocating for responsible business practices.

Cloud-based

All of your data is securely stored online.

Mobile

Accessible wherever (in China or in your homeland) and whenever you need with an internet connection.

Real-time

Data is continuously updated so you know you’ll never miss out any information.

Our Services

Company Formation

We help to register your business in China with minimum hassles, shortest possible time and lowest cost.

Formation, Change and Close-down.

Establish WFOE in China
Services for administrative license changes (cross-regional migration, legal person changes and other services)
Company clearing and cancellation services
The patent / trade mark / copyright application

Bookkeeping, Reporting and Compliance Service

CMAP Bookkeeping stays on top of the game when it comes to cloud-based bookkeeping technologies that help you running and controlling businesses easier.
Our team is composed of highly qualified CPAs who are all authorized cloud accountants. We offer a wide array of bookkeeping services to our clients.

Setup Service
- Structure your accounting and business controlling system.
- Set up cloud accounting software.
Monthly Services
- Supervise client business to record and reconcile transactions and perform accounting bookkeeping
- Produce financial statements and management reporting.
- Monthly tax filing.
- China Turnover Tax Compliance Services.
- China CIT Compliance Service.
Annual Inspection for WFOE
- Annual Corporate Income Tax filing.
- Annual audit and statutory reporting to State Administration of Industry & Commerce (SAIC).

Accounting Department Outsourcing Service

CMAP accountants help put distractions of daily routine accounting and administrative tasks off your hand, so that you can focus on running your business.
We can act like your very own in-house accountant to carry out the daily accounting and administrative activities.

Payment Processing and Banking Service
- Based on the payment request and invoice/contracts, conduct the payment to the supplier/employee through e-banking for management approval.
- Prepare bank account journal every month
- Check and verify bank account balance based on bank request
Foreign Currency Income Declaration
- Process overseas income declaration to the SAFE (Shanghai Administration of Foreign Exchange)
- Convert the foreign currency (e.g., USD) to RMB account
Management of VAT invoices
- Purchasing invoices.
- Issuance of VAT tax invoices based on clients’ instructions
- Verification of input VAT invoices
- Recording for invoice management purpose
Payroll and Social Welfare

Running and paying employee payroll,
Social welfare
Filing individual income tax

Administration Services
- Administration of business license
- Administration of corporate stamping service

Virtual CFO and Health Check

Our award-winning team of accounting professionals in Shanghai help you take control of your business by providing you with the tools and advice that you need to make informed decisions, and steer you into the right path towards growth and success.
We take the time to understand your business as well as what you want. Whether you need help with budgeting for the business year, understanding financial statements, rigorously measure performance, or health check to discover organization exposure and risks, our Shanghai team can provide valuable advices.

Financial Planning & Analysis
- Business data modelling, create data collection mechanism and design KPI and management reporting system
- Monthly financials, analysis of financial results, targets, analysis of KPIs as a driver of the organizations performance
- Find innovative and practical performance improvement or profit enhancing solutions, covering operational functions, technology and systems
- Financial forecasting, budgeting and variance analysis
- Cash flow forecasting and management
Internal Audit and Health Check
- Internal audit to assess organizational exposures, risks and potential organizational impacts, as well as evaluate controls to manage and reduce risks
- Health check of different business cycles to identify compliance deviations, internal control weaknesses, reporting deﬁciencies as well as limitations on software systems
- Re-design business process, as well as accounting and controlling system

Tax Planning

Let us streamline your tax management both at initial business financials structuring and during daily supervision.
Tax is the most significant burden on business, especially in China where policies and regulations differ substantially from your homeland. On your business, we help

Minimize the Tax Impact

Identify tax risks, and optimize client’s tax position with tax planning strategies and structuring
Supervise elements of your daily operation which has effects on tax to minimize the tax payment implications
Enable you to effectively organize your books to sufficiently take advantage of favourable tax policies