Required by PRC Company Law and other relevant regulations, all Foreign Invested Enterprises in China, including Wholly Foreign Owned Enterprises (WFOEs) , Joint Ventures (JVs) and Representative Offices (ROs) are required to comply with the statutory annual report and other compliance processes. Foreign Invested Enterprises in China can only distribute and repatriate their profits or dividends back to their home country after completion of their annual statutory internal audits and settlement of all relevant tax liabilities. Failure to comply with the annual report and compliance may result in extra expenses, penalties, or even revocation of business licenses. According to the Provisions of the Fifth Annual Inspection Procedures of the Company, the date of China company annual report begins and ends from March 1st to June 30th each year. Consult BC Partners Now. China Company Renew The annual renew of enterprises refers to the statutory procedures for the examina...