In today's competitive business environment, companies are increasingly seeking ways to enhance operational efficiency and optimise costs. Accounting outsourcing, a well-established strategy, has grown in popularity among enterprises. However, as traditional outsourcing models face growing challenges, rapid technological advancements are bringing fresh opportunities to the field.
To truly unlock the value of digital systems, companies must first map business scenarios to appropriate tools, translate goals into actionable requirements and plan the implementation path alongside long-term maintenance mechanisms. Yet, moving from blueprint to reality is often time consuming and capital intensive. Consequently, more companies are turning to external professional teams to manage tasks like selection, integration, and iteration, allowing internal teams to focus on optimising core business processes.
With over 20 years of experience, SBA Store Forest is dedicated to supporting the growth of internationally active businesses, helping Chinese companies expand into overseas markets, and assisting foreign companies to set up smoothly in China. We provide one-stop hassle-free solutions in professional auditing, taxation, business consulting, company secretarial and advisory services, accounting and consulting services, human resources consulting and payroll management, and global expansion consulting services
Strategic Management Advisory
We align digital solutions with your business model and future scalability needs. Our tailored strategies address current pain points while supporting long-term growth.
System Implementation
We establish Standard Operating Procedures (SOPs) for key processes and clarify responsibilities by role. During rollout, we conduct trial runs, gather employee feedback and adjust SOPs as needed. This agile approach ensures seamless system integration.
Ongoing Operational Support
Beyond strategy advisory and system implementation, our professional team offers ongoing support across daily operations:
Conclusion
Technology is reshaping the accounting industry, bringing both convenience and innovation. Yet, to harness these benefits requires ongoing learning and adaptation. At SBA Stone Forest, we go beyond offering services to companies, but strive to be a long-term partner. As technology evolves and standards shift, we remain by your side, turning every update into a launchpad for your next stage of growth.
Accounting and Taxation
Announcement on Tax Credit Policy for Overseas Investors Using Distributed Profits for Direct Investments
STA Announcement [2025] No.12
Effective July 1, 2025, the new Administrative Measures on Tax and Fee Payer Credit will introduce five credit grades: A, B, M, C, and D. Key highlights from Article 16 are as follows:
Credit Rating Grades
Entities Not Eligible for Grade A
A business entity shall not be rated as Grade A if any of the following apply:
Circumstances that Do Not Affect Credit Evaluation
The following will not negatively impact a taxpayer's credit evaluation:
Where an overseas investor uses profits distributed by a resident enterprise in China for direct investments in China between January 1, 2025 and December 31, 2028 and satisfies the criteria, 10% of the investment amount may be used as a tax credit against the investor’s tax payable for the current year. Any excess portion may be carried forward to future years.
If the applicable tax rate under a tax treaty between China and a foreign government for equity investment income such as dividends, bonuses etc. in is lower than 10%, the conventional treaty tax rate shall prevail.
For the purpose of this Announcement, the criteria for using distributed profits for direct investment include:
This Announcement has been in effect since January 1, 2025 and remains effective until December 31, 2028. If any tax credit balance remains after December 31, 2028, it may continue to be used until exhausted.
For investments made by overseas investors between January 1, 2025 and the date of this Announcement, the tax credit policy may be applied retroactively from the promulgation date. The credit can offset taxes generated after the date of promulgation.
No investment made before January 1, 2025 is eligible for retrospective tax credit.
STA Announcement on Consumption Tax Adjustment Policy for Ultra-Luxury Cars
The specific details of the announcement are listed as follows:
Human Resources
Notice of Shanghai Municipality on Implementing Social Insurance Subsidies for Employers during Female Employees' Maternity Leave
The notice issued by the Shanghai authorities regarding social insurance subsidies for employers during female employees’ maternity leave has now been officially implemented.
Starting from January 1, 2025, female employees who give birth to children during their employment and whose employers in Shanghai comply with the city’s maternity leave policies (158 days) and continue to pay social insurance premiums during this period, are entitled to social insurance subsidies.
Eligible employers include enterprises, social organisations, law firms, accounting firms, and individual industrial and commercial households that participate in social insurance as a unit.
The subsidy amount is 50% of the employer's actual contribution to the following insurance schemes for the female employee during maternity leave:
The subsidy is provided for six months starting from the month the employee gives birth.
Employer should submit an application to the human resources and social security department of the district in which they pay taxes during the maternity leave. The application must be submitted within one year of the employee’s childbirth and include:
Corporate Governance
On July 7, 2025, the National Development and Reform Commission, along with six other departments, jointly issued the Notice on Implementing Several Measures to Encourage Domestic Reinvestment by Foreign-Invested Enterprises.
The Notice consists of twelve articles and applies to foreign-invested enterprises that reinvest their undistributed profits or profits legally distributed to overseas investors in China. It requires all regions to establish project databases for reinvestment by foreign-invested enterprises, with eligible projects entitled to supportive policies.
Key measures include: