The Most Important Bridge for Taking the First Step in Starting a Business- Certified Public Accounting (CPA) Firms
During the process of starting a business, entrepreneurs often encounter financial and tax-related issues, such as business registration, tax planning, bookkeeping needs, equity distribution/planning, business models, and fundraising.
Financial management is the foundation of every company. CPA services can help businesses establish a sound accounting system to ensure a healthy financial structure. Moreover, they help companies comply with commercial laws and regulations, preventing violations that may result in fines or even criminal charges. Therefore, CPAs are indispensable to any company.
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At the beginning of establishing a company, registering a business address is a crucial step. You need to “borrow” an address for business registration purposes. During this process, once the capital is deposited into the account and held for three days, you may apply for a deposit balance certificate. At this point, a CPA must be engaged to conduct capital verification and issue a capital verification report to prove the legitimacy of the registered capital.
In addition to business centers, some CPA firms offer comprehensive “virtual address registration services.” This includes using the CPA firm’s address for business registration or assisting in matching and finding suitable spaces for registration purposes.
In summary, CPA firms resolve a company’s operational issues related to finance, accounting, and legal compliance, offering entrepreneurs an efficient and simplified path to success.
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Jing Xun CPA Firm – Capital Verification Report
Overwhelmed by Financial Tasks as a New Entrepreneur?
CPAs Provide All-in-One Bookkeeping Services to Support Your Business
✓ Financial & Audit Services: CPA certifications include:
1. Capital Verification
2. Capital Increase (Non-Cash) Verification
3. Tax Certification
4. Financial Statement Certification
5. Bank Loan Certification (same as financial certification)
6. Public Company Certification
7. Other Financial Certifications
✓ Bookkeeping & Tax Filing Services: Provides accounting and bookkeeping services for companies and businesses, including routine tax filings such as VAT and income tax.
✓ Tax Consulting Services: Business setup consulting for startups. Through professional tax planning, legally reduce tax burden to enhance your business competitiveness.
✓ Administrative Services: Assist with corporate tax issues, internal bookkeeping, handling labor pension and social insurance matters.
What is the Relationship Between CPA Firms and Business Centers?
Two Types of Collaboration Explained
CPA firms and business centers work together like teammates serving the same business. The CPA firm handles financial-related tasks, while the business center provides office space and administrative services. This complementary partnership creates strong value.
There are two common collaboration models:
1. Entrepreneurs first find a CPA firm to establish the company or already have a CPA partner, and the CPA refers the client to a business center.
2. Entrepreneurs approach the business center for virtual registration, and the business center introduces a suitable CPA firm.
Since company laws frequently change, most entrepreneurs entrust financial matters to professional CPAs. Their presence is essential.