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“Our team of professionals is highly
experienced and knowledgeable in both international
and Chinese regulatory, accounting and tax issues,
as well as finance and business advisory. As a
correspondent member of DFK International, a major
international association of independent accounting
firms and business advisers, we provide a most
comprehensive array of professional services to our
clients at their pre-investment and post-investment
stages. To this end our services cover the following
aspects:”
Pre-investment Stage:
 Sourcing of
investment opportunities and joint venture partner
identification and evaluation
Feasibility
studies , market research on industry, product
potential, competitors, customers profile, entry
strategy
Due diligence
on financial performance, asset valuation and
management profile of target companies
Negotiation
on finalizing investment deals
Setting up of
joint ventures or wholly foreign-owned entities;
completing all legal and regulatory procedures
pertaining to their full operation
Development
of overall business strategy in China; building an
appropriate team of staff; engaging professionals
of different disciplines to meet varying needs
Production
support including quality control, follow up on
shipment and managing suppliers
Arrangement
for financing in the form of bank loans,
convertible instruments and equity investment
Post Investment
Stage:
Our post-investment service covers monitoring
financial and other aspects of the investment
project from inception. The monitoring mechanism
is in effect an internal control function. It is
intended to be relied upon by management at the
Head Office to provide them with a reasonable
level of comfort that adequate internal control
procedures are established at overseas operations
to prevent misappropriation of company assets. The
need for Monitoring arises from:
Possible
misappropriation by staff
Incompetent
staff
Head office
staff lacking adequate knowledge of local customs
and operational environment
Inherent
distrust
Breakdown in
communication
Desirability
for a good deterrent to prevent irregularity
(before damage is done!)
In these regards we provide our clients
with:
Recommendation
to management to improve all aspects of control
Monitoring of
local management to minimize opportunities for
irregularity
Close-range
vigilance over local management to enhance
performance
Providing
second opinion to Head Office on contentious
issues
Enlightening
management on local business practices
Independent
review to add credibility to local management
Accounting and Operational Support:
Maintenance
of accounting books and records
Preparation
of periodic and annual accounts
Handling of
commercial papers, e.g. banking and shipping
documents
Target
screening and evaluation
Negotiation
support
Establishment
of operating entity: JV, WFOE, FICE
Completion of
legal and regulatory requirements
Performance
monitoring
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