What happens if we file late once?

Late fees plus a compliance blemish that surfaces at the next bank/invoice review. One lapse is recoverable; patterns escalate to restrictions. Our retainers exist so this never becomes your problem.

The China WFOE Annual Compliance Calendar (Month by Month)

QUICK ANSWER

Monthly: VAT, IIT, fapiao reconciliation. Quarterly: CIT prepayment. Annually: CIT reconciliation and audit by May 31, joint annual inspection, FDI report amendment, registered-capital tracking. Plus event-driven items: SAFE amendments, license renewals, TP files. Missing any item freezes invoices or banking — the calendar is the product.

Every month: VAT + surcharges, IIT withholding (15th), fapiao issuance/verification, bank recs.
Every quarter: CIT prepayment (15th after quarter-end), VAT credit review, financial statements.
Jan-May: annual audit → CIT reconciliation (May 31) → joint annual inspection → FDI information report amendment.
Rolling: registered-capital paid-in tracking (5-year rule), licenses renewals (food, customs, ICP), TP documentation when related-party transactions exist, SAFE amendments on capital events.
The freeze mechanism: unfiled periods lock the invoice system and flag banking — compliance is not optional overhead, it is the license to operate.

One partner for the whole journey

Zhonghui Consulting — licensed, fixed-fee, English-speaking. cross-border compliance engagements, ICPA-reviewed.

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General information only — not legal, tax, or immigration advice. Rules change; verify with official sources (SAMR, STA, SAFE, MOFCOM, NIA) and licensed advisors before acting.