Accounting Services for British Council WFOEs in China

British Council seeks an accounting service provider for its two Wholly Foreign Owned Enterprises (WFOEs) in China: BC Education Consulting (Beijing) Co. Ltd and Yinghe Advertising (Beijing) Company Limited. This is a 3-year contract with an optional 1-year extension. Services required include: chart of accounts establishment, bookkeeping and accounting according to China Generally Accepted Accounting Principles (GAAP), tax compliance and VAT/surtax filing in accordance with China local regulations, statutory filings as required by Chinese authorities, and audit support. The successful provider must demonstrate expertise in China's regulatory environment, ensure consistency across both entities, and provide cost-efficient services that meet both Chinese regulatory requirements and British Council's internal standards. Suppliers should have experience with WFOE accounting and compliance in China.