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China × Audit & Assurance

Audit & Assurance in China

Independent audits and reviews that investors, lenders and regulators can rely on. In China, that means local law, local regulators and local practice, handled by a qualified professional who practises there.

Who handles this work

On request

WONE Global can find the right Audit & Assurance professional in China for you.

No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.

Bring a requirement →
China at a glanceEast Asia

Shanghai · Wednesday 4 November

04:01

Local time

Currency
CNY
Working week
Monday – Friday
Commercial centres
Shanghai · Beijing · Shenzhen · Guangzhou
Dialling code
+86
Region
East Asia
Doing business in China →

Scope

What the service covers here

  1. 01Define the assurance scope
  2. 02Coordinate statutory or group audit requirements
  3. 03Address local reporting standards
  4. 04Support remediation of material findings

Key questions

What we will work through with you

  • What needs to be decided before audit & assurance work starts?
  • Who is professionally responsible in each country?
  • Which other work, such as tax or employment, must happen at the same time?
  • What information and decisions are needed from the business?

If your work involves another country or another area of expertise, WONE Global brings in the right professional and keeps all advisers informed.

WONE Global Partners in China

Professionals working here

No named lead for Audit & Assurance yet — these WONE Global professionals already work in China and can bring the right local colleague in.

Roberto GilardinoShanghai · China

WONE Global Partner · China

Roberto Gilardino

Regional Partner North Asia & additional countries · Horizons (Shanghai) Corporate Advisory Company · Shanghai

Roberto Gilardino is Regional Partner at Horizons, supervising the advisory’s activities in North Asia as well as additional countries (including Mongolia, Malaysia, Indonesia, Pakistan, UAE, Cyprus and Malta).

What the guides say · China

What Audit & Assurance involves in China

The topics from the China guide that this work depends on.

Key facts

Essentials · source-checked

Corporate income tax
25% standard; 5% effective on first CNY 3m for small low-profit enterprises (to 2027)
VAT
13% / 9% / 6%; VAT Law in force from 1 January 2026
Foreign ownership
Open except sectors on the 2024 negative list (29 items); manufacturing fully open
Investment framework
Foreign Investment Law, in force 1 January 2020
Exchange control
Managed by SAFE; current-account remittances need supporting documents
Data protection
Personal Information Protection Law, in force 1 November 2021
New York Convention
Party since 1987 (reciprocity and commercial reservations)
Working time
8 hours a day, 40 hours a week

The topics this work touches

  • Tax & Statutory

    Corporate income tax is 25 percent, with reduced rates for qualifying small low-profit and high-technology enterprises. VAT runs at 13, 9 and 6 percent and is now set by a VAT Law in force from 1 January 2026.

    Read the essentials

Our full guides are checked against official sources. Guides drafted with AI are marked as such. None of this is legal or tax advice.

WONE Global Intelligence

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