Accounting & Audit

Ruihong offers Accounting and Auditing service solutions after fully comprehending the needs of the client. Our knowledgeable accounting advisors have the technical expertise to fully comprehend your company’s model and procedures.

List of Services that we provide

  • Financial planning advice (including tax and cost-cutting advice)
  • Accounting
  • Preparing financial statements for submittal in a local format, (IFRS, local GAAP)
  • Reporting
  • Remote access to your accounting software for direct financial reporting updates
  • Completing your audit report.
  • Group accounts consolidation.
  • Compute and/or evaluate the tax provision
  • Consolidation and reduction of taxes

Compliance with authorized regulations

Professional advisors & excellent services

Promptly & efficiently

Top accounting & auditing standards

In accordance with the Financial Standards Reporting (FSR) for statutory submissions

Just Order – We Do All For You

Leave us your contact and we will get back to you the soonest!

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Process of Accounting

Step 1

Transaction or Event

Step 2

Source Documents

Step 3

Analysis

Step 4

Recording & Posting

Step 5

Trial Balance

Step 6

Reporting

FAQs


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How do I ensure that my data are totally secured?

You can rest assured that your data will be safe with us. We reinforce security of clients” data based on three pillars:

  • We have enforced data security policy in place to govern activities of internal departments and staffs involving in dealing with data and information.
  • Secured data servers with restricted access and frequent monitoring on safety of information.
  • Public privacy policy to our clients and contractual commitment by Non-disclosure agreement.

What methods can I use to submit my data?

We are flexible so you can freely choose your preferred methods. Below are some suggestions you might consider:

  • Send to us via email.
  • Get access to documents through cloud storage.
  • Remote access to your internal system.
  • Access through web-based accounting software.

Can I do bookkeeping myself for my company?

Yes, you can definitely do accounting yourself. But smart business owners choose to outsource to accounting professionals who can do it in a much more efficient way, so they can have more time to focus on their core business.

What is my business license number?

The business licence number is normally found at the top of the business licence certificate or corresponds to a different number supplied by the government office during the application procedure. If the certificate is not available, the business licence number can be checked up at the local business licence office using the other number.

What types of businesses need a license?

You must have questioned at some point before beginning a business what types of enterprises require a licence. Businesses are obliged by law to have at least one business licence or permit granted by their municipal, county, or state government. The type of business licence you require will be determined by where you operate, the items or services you sell, and the structure of your company.

Here are some examples of enterprises that require a licence that you should be aware of:

  • Any type of business – General business license
  • Product or service business – Seller’s license
  • Companies doing business under another name – Business license doing-business-as (DBA)
  • Health-related business type – Health license
  • Businesses related to alcohol and beer – Liquor license
  • Businesses providing certain professional services – Professional license

How to get a business license?

When you start a new offshore firm, you will almost certainly need to apply for a business licence and other licences in order to operate legally.

The type of licence and permit required depends on the industry and location of your firm. The licence fee will be adjusted accordingly. Because obtaining a business licence requires time and resources, it is critical to consult with an expert to determine what you need to obtain a business licence.

To obtain a business licence through Ruihong, follow these five basic steps:

  • Step 1: Do a license research.
  • Step 2: Make your payment.
  • Step 3: Prepare the required licensing documents.
  • Step 4: File your application form
  • Step 5: Receive your business license.