Specialist Services for Hong Kong and Chinese Businesses Setting up in the UK
As a Hong Kong or Chinese business setting up in the UK, you need experienced professional advisors who understand the challenges that you face in a new territory and are proactive in taking care of your accounting, payroll and tax issues.
Alliotts Chartered Accountants is a well established thirteen partner practice with offices in London and Guildford in the South East of England. We are ideally located as 70% of overseas companies choose to set up in the South East. Alliotts has developed a comprehensive service offering to meet the needs of Hong Kong and Chinese companies in the UK. We assist companies at initial start up stage through the regulatory requirements. Our service offering has evolved in response to the needs of Hong Kong and Chinese companies and our clients include internationally known Hong Kong and Chinese owned organizations.
Alliotts dedicated Hong Kong and China Team are experienced in providing compliance and business advisory services to Hong Kong and Chinese businesses.
The London based team includes native Mandarin and Cantonese speakers and is headed up by Alliotts partner Jon Luk, who has over 37 years experience of providing tax advice and audit and accounting services to Hong Kong and Chinese businesses.
Areas where Alliotts can offer assistance to you in setting up or running a business in the UK include:
► Entity Establishment
• Advice on trading vehicles – branch or subsidiary?
• Company formation
► Registrations
VAT application
PAYE scheme set up
Corporate Tax Registration
► Payroll Services
Payroll calculations and production of payslips
BACS approved Bureau – payment of employees’ pay directly into bank accounts and PAYE and National Insurance Contributions directly to HMRC
Submission of end of year returns to HMRC
Completion of forms P11d (Return of benefits and expenses)/P11d dispensations
► Accounting Services
Book keeping including online accounting, web based access to financial data 24/7
Management reporting/KPIs
Completion of VAT Returns
Statutory Accounts
Alliotts provides a cost effective, flexible and responsive outsourced accounting solution. Our team is experienced in a variety of accounting packages and can readily adapt to working with bespoke systems.
Outsourcing an accounting function is an ideal solution for Hong Kong and Chinese companies where it is not feasible to recruit a full time employee for the role and regular management reporting in line with the parent company’s format is required.
► Audit Services
Completing statutory audits
► Tax Services
Corporation tax – preparation and submission of tax computation and return
Transfer pricing advice
Personal tax – preparation and submission of tax returns
VAT advice
► Human Resource Management
Contracts of employment
Policies and procedures
Training and development
Mediation and dispute resolution
► Company Secretarial
Maintaining the statutory records
Completion and filing of forms at Companies House
Drafting Minutes
Provision of registered office
► Financial Planning Advice
Advising on company pension schemes and life assurance
Key man insurance
Benefits of working with Alliotts
►Proven experience of working with the UK subsidiaries of high profile Hong Kong and Chinese companies
►We have a number of Cantonese and Mandarin speaking staff
►We are adept at providing Hong Kong and Chinese clients with a very responsive and high quality service
►Partner Jon Luk will oversee every assignment
►Through our membership of Alliott Group (www.alliottgroup.net), an international alliance of independent accounting firms, consisting of 175 firms with offices in 72 countries, we are able to either replicate or provide services in other countries and are experienced in carrying out such multi territory assignments.
For further information on how Alliotts specialist Mainland China and Hong Kong team can assist your business please contact:
Ms. Qi He – Partner, Mandarin
Tel: +44 (0)207 240 9971
Mobile: +44 (0) 7464 829436
Email: Qi.He@alliotts.com
Add: Manfield House, 1 Southampton St, London, UK
Post Code: WC2R 0LR
Mr. Jon Luk , – Partner, Cantonese
Tel: +44 (0)207 240 9971
Email: jon.luk@alliotts.com
Lee & Lee Associates: www.lla.cc
Email: info@lla.cc
Tel: 86 10 6593 5066
