Accounting Service for British Council in China

2.1 British Council in China has a 3-year + 1 year optional extension accounting service purchase request for its two Whole Foreign Owned Enterprises (WFOE) in China, namely BC Education Consulting (Beijing) Co. Ltd (hereafter short for WFOE1), Yinghe Advertising (Beijing) Company Limited (hereafter short for WFOE2). The work scope of this service includes but not limited to: chart of accounts set-up, bookkeeping, accounting according to China Generally Accepted Accounting Principles (GAAP); tax compliance & filing according to China local VAT and surtax regulatory, and other statutory filing as per China local requirement and audit support. British Council expects to find a partner who can provide the above service to its two WFOEs in China and the service shall meets China regulatory and British Council’s requirement, be consistent and cost efficient.