Orangefield ICS acts as the partner to North American companies who are finding challenges in controlling their WFOE or RO or recovering from an adverse staffing issue. Orangefield ICS is experts in compliance audits, regaining financial and operational control of a China structure, getting tax penalties reduced or eliminated, having labour-related complaints withdrawn and/or penalties reduced, and ensuring your China business structure gets back on a footing that is fully compliant and under your control.

Partnership: Orangefield ICS helps our clients retake full control of their China operation including reinstating and maintaining full compliance with PRC laws and regional regulations.

Expert team: Orangefield ICS will create an internal team consisting of senior managers, relationship managers and implementation staff who are in the same time zone and can be physically present at very short notice.

Translation: Orangefield ICS will translate and explain any number of documents, better allowing our client to understand the situation and the steps required to resolve it.

Evaluation: Orangefield ICS will complete a comprehensive evaluation to determine the legal, accounting and operational status of the China company and its bank accounts, the compliance needs and tax situation and deliver a full report to the client.

Foward Planning: Orangefield ICS will discuss with the client their future plans in China and discuss how best to pursue the correct end-state for the Chinese subsidiary.

Strategy: Orangefield ICS will detail an action plan to re-establish full compliance and gain full control. As required, this will include the development of a detailed handover strategy with any exiting staff and establish good relations with remaining staff, a timeline and work flow for tax filing, negotiation with the correct Government agency to mitigate any tax penalties and the development of systems to ensure all documentation is tracked by Orangefield ICS and the client.

Transfer: On the clients behalf Orangefield ICS can complete all payment transfers required.

Cultural Business Expertise: Staff at Orangefield ICS are able to deal with the client‘s various business partners and staff in China to ensure there is clear understanding and communication between all parties.

Full compliance with our VCFO Program: The end result of a fully compliant and in control WFOE or RO is realised with the expert team at Orangefield ICS. Complete transparency and reporting to the North American parent company is achieved. The VCFO program will handle all the monthly tax and compliance filings, the annual tax return and audit, execute payments and review key documents.