FRIENDLY's financial consulting team is the one that differentiates itself from the traditional CPA firms, with tailor-made solutions for foreign investors.

FRIENDLY's financial consulting team is the one with its own in-house lawyers. It is capable of providing a multidisciplinary approach to business issues.

FRIENDLY's financial consulting team's strength lies in capitalizing on all kinds of favorable investment incentives and tax regulations to provide optimum benefits to foreign investors. In a business environment where foreign exchange is under tight control and nation credit system is developing, FRIENDLY provides financial-based investment plans in their totality addressing to capital fundings, taxes, costing and profitability.

Step 1:
According to China laws and financial/tax related regulations, we conduct in-depth evaluation of our clients' present and future tax risks.

Step 2:
Based on the information of our clients' existing financial reports, we propose a tax management plan to optimize our clients' interests.

Step 3:
Working closely with our clients, FRIENDLY will prepare a financial forecast based on future overall business prediction for our clients. Incorporating our industry specific knowledge and other special considerations, we can devise a tax management plan to meet the requirements of China laws and financial/tax regulations and to achieve the greatest economic wealth for our clients.

Step 4:
Our practicing CPAs in China and investment consultants in Taiwan will cooperate with our clients' financial staff to work on every details of the tax planning.

1. Clarifying current transaction structure
We appoint professionals in Taiwan and China to help our clients clarify their existing transactions relating to purchasing and payment of raw materials, sales and receipts, and evaluate the legal and financial risks of their current structure.

2. Establishing transaction structures which comply with China laws and in the clients' best interests
With the operational figures provided by our clients and taking China laws and financial/tax regulations into consideration, we help our clients establish domestic and international transaction structures in compliance with international business practices, and conduct various kinds of simulation tests to optimize our clients' economic benefits.

3. Proposing the transaction structure solutions designed by practicing lawyers and CPAs
Our services include domestic and international purchasing, payment and collection procedures, risk control, modifications of current structure, etc. to legally and reasonably achieve the greatest economic benefits for our clients.

Step 1: Establishing precise costing system
Starting with warehousing, purchasing procedure and sales operation management, we assist our clients set up their own corporate accounting system through a step-by-step process taking into consideration their specific industry characteristics. A successful accounting system will translate the current status of various operational activities into figures which will be used as the basis for precise costing and future cost reduction.

Step 2: Establishing timely reporting system
Besides balance sheet, income statement, and cash flow statement, top management needs more operational analysis reports for variance analysis and to devise management measures to improve the operations' efficiency.

FRIENDLY has extensive experience on central financial control and resource integration of different companies. We can help our clients create custom made and workable central financial control solutions based on their actual situations and implement them effectively to bring positive benefits to our clients' businesses.

FRIENDLY's bookkeeping team has the most trustworthy accountants to provide bookkeeping services, such as producing monthly accounting reports in accordance with the state's financial and tax laws, filing taxes in the most efficient way, assisting in annual corporate audit, and establishing suitable financial system for our clients.

FRIENDLY's professional bookkeeping services are designed to help our clients solve their financial and tax problems.

Every audit report issued by FRIENDLY will be supported with a legal opinion issued by a China practicing lawyer to provide legal protection other than financial and tax considerations. Furthermore, FRIENDLY adovcates preliminary audit so as to detect errors earlier and to estimate profits more accurately for better tax management.