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