Tax residence
Review domicile, days of presence, family connections and centre of economic interests to assess possible tax residence in China and other jurisdictions.
Cross-Border Tax Compliance
A clear path for outbound expansion.
A disciplined process for ongoing reporting.
As businesses and families become global, accounts, companies, trusts, insurance, securities, real estate and foreign-source income must be reviewed item by item against tax residence, source of funds and reporting obligations.
Accurate Scope
Not “report every overseas asset”
but determine each actual obligation
Reporting depends on tax residence, type of income, asset location, account structure, holding entity, transactions and distributions, and the rules for the relevant year. CRS is a system for exchanging tax-related financial-account information; an overseas account does not by itself mean tax is due.
Foreign-source income
Classify employment and services income, business income, interest, dividends, rent, capital disposals, trust distributions and other possible foreign-source income.
Returns and records
Qualified tax professionals determine filing obligations and prepare any applicable returns. SHINE FAMILY supports information collation, income and cost records, foreign-tax-payment evidence and workflow coordination.
Family Asset Map
Build a cross-border asset and income map first
The goal is not merely to collect balances. It is to establish who owns what, where it is held, what income it produces, where the funds came from and whether relevant reporting has been completed.
Arrangements to map
Overseas bank and securities accounts, foreign companies and partnerships, trusts and foundations, insurance contracts, overseas real estate, employee equity and other ownership interests.
Annual facts to verify
Interest, dividends, disposal gains, rent, employment and services income, business income, policy benefits, trust settlement or distribution, foreign taxes paid and supporting records for fund movements.
Service Path
Four steps from information mapping to filing coordination
Initial residence and scope review
Identify possible tax residence, reporting years, relevant assets and income, and jurisdictions that may be involved.
Document collection and classification
Organise accounts, contracts, transactions, cost records, tax-payment certificates and past returns, then identify evidence gaps.
Professional tax review
Appropriately qualified tax, accounting or legal professionals determine income classification, credits, corrections and cross-border consequences.
Filing coordination and records
Coordinate filings under real-name authorization and applicable procedures, maintain annual files and review subsequent changes.
Two-way Compliance
Business expansion and family reporting
belong on one long-term map
ODI addresses genuine projects, government procedures, foreign exchange and the route by which funds leave. Cross-border tax compliance addresses how overseas operations, investments and family assets generate income that must be lawfully reported, credited, corrected and evidenced.
Business: outbound investment, operating structures and profit repatriation
Family: foreign-source income, accounts, trusts, insurance and real estate
Shared foundation: genuine transactions, lawful funds, complete records and continuing compliance
Service boundary: SHINE FAMILY currently provides cross-border asset and income mapping, general tax information, filing preparation and coordination with qualified professionals. Tax-return agency work must be carried out by tax-service institutions and personnel that have completed the required real-name information reporting, credit administration and engagement reporting with the tax authority, and only within the client's express authorization. SHINE FAMILY does not promise zero tax, exemption from filing, avoidance of CRS, concealment of assets or any predetermined tax outcome. Tax authorities conduct their own independent review.
Individual Income Tax Policy on Foreign-source Income | Ministry of Finance and State Taxation AdministrationAdministrative Measures for Professional Tax Services (Trial) | State Taxation Administration Order No. 58Official Interpretation of the Professional Tax Services Measures | Shanghai Tax ServiceReporting Foreign-source Income and Managing Tax Risk | State Taxation Administration