Why Accounting Outsourcing

l 、 Government Regulation

Finance and Accounting Department Law: beginning on January 1st, 2005, all small and medium enterprises operating in China are required to implement " Small Enterprise Accounting Processes and Policies ". All enterprises must have account keeping capabilities and must comply with all related tax codes. As such, companies must either establish internal accounting personnel or must entrust the work to authorized establishments which are engaged in accounting intermediary services.

2 、 Cost Saving ：

Accounting outsourcing is cost effective for small and medium enterprises. The total cost associated with hiring and maintaining a full/part-time accountant is cost prohibitive for small enterprises. With accounting outsourcing, the abilities and training of the accountants are guaranteed while the cost for value is favorable.

3 、 Customer Privacy

Accounting outsourcing minimize lose of confidential information. As an established firm operating in this field, HKRC builds its success on our ability to deliver secure and confidential accounting service to our customers. As compare to hiring an accountant or a part time accountant to do book keeping where the lose of the accountant may mean not only lose of time but also valuable corporate information, accounting outsourcing guarantees continuity and privacy.

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