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When does the annual inspection in China take place for foreign-invested enterprises (FIEs) and who is responsible?

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Each year from March to the end of June the annual inspection is jointly hosted by the following governmental departments:

  • Ministry of Commerce (MOFCOM)
  • Ministry of Finance (MoF)
  • Administration of Industry and Commerce (AIC)
  • State Administration of Taxation (SAT)
  • State Administration of Foreign Exchange (SAFE)
  • Statistical Bureau

Certain parts of the cooperative annual inspection are just a formality, with the first 90 percent of annual compliance work involving annual reporting package preparation, and the last 10 percent involving submission at a one-stop service location where all relevant government departments check and approve the annual reporting package.
 



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