At PHC Advisory we support Clients by preparing the annual CIT return.

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The annual CIT declaration (corporate income tax final filing) is a mandatory statutory submission completed after year‑end across China, India, the UAE, Vietnam and Italy. It involves reconciling book accounting profits with taxable income through required book-to-tax adjustments, claiming eligible tax incentives and settling any final tax balance or refund. Missing deadlines, incomplete adjustments or inadequate supporting documentation can trigger tax assessments, penalties and authority scrutiny.

Services

Year-end corporate income tax final settlement filing

Tax incentive claim support

CIT supporting schedule preparation

Statutory CIT annual filing submission services

Tax refund or final settlement process support

Why PHC Advisory for Annual CIT Declaration?

At PHC Advisory we support Clients by preparing the annual CIT return, performing necessary book-to-tax reconciliations, compiling supporting schedules and submitting the filing in compliance with local tax authority requirements.

Who We Serve

  • Multinational groups
  • Foreign-invested enterprises (FIEs) and subsidiaries of foreign groups
  • Small and medium-sized enterprises (SMEs)
  • Business owners and entrepreneurs
  • Group CFOs and finance directors
  • Private equity-backed groups

FAQ's

What does the annual CIT declaration involve?

Reconciling book accounting profits with taxable income through the required book-to-tax adjustments, claiming eligible tax incentives and settling any final tax balance or refund.

What is the deadline in China?
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Get in touch

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