We help Chinese tax residents clarify reporting obligations for overseas accounts, cross-border investments and foreign income, and turn legacy issues and future arrangements into an executable compliance path.
Clarify residency, obligations, tax basis, history and timing before acting.
CRS covers more than one hundred jurisdictions, with bank, custodian and investment account data exchanged annually to the country of tax residence—and the range of assets and jurisdictions covered keeps expanding.
Domicile, days of presence and centre of economic interests may point to several jurisdictions at once. Dual residency must be resolved under treaty tie-breaker rules, not assumptions.
Characterising overseas investment gains, determining cost basis and converting currencies—across institutions with incomplete records—turns “what to file and how” into a professional judgement.
Back taxes, late-payment surcharges, penalties and, in serious cases, criminal exposure. Voluntary disclosure and being discovered in an audit lead to very different outcomes.
Residency, entity and asset arrangements must be assessed before information is exchanged. Adjustments made afterwards leave little room and may create new tax and foreign-exchange issues.
Turn one-off anxiety into an executable, reviewable compliance arrangement.
Confirm tax residency, the scope of information exchange over accounts and assets, and the filing obligations and risk level for each year.
Organise transaction records and asset movements, compute gains and cost basis, and set the remediation and voluntary-filing path for past years.
Plan residency, entities and asset structures compliantly, and establish an annual filing calendar and ongoing compliance routine.
We resolve specific filing issues and build long-term cross-border tax compliance.
Start from tax residency, assess the exchange exposure of accounts and assets, and define filing obligations and a timetable for each year.
Turn records scattered across overseas banks, brokerages, insurers and trusts into filing-ready, explainable and archivable tax workpapers.
Grade the risk of past non-filing, design a voluntary-disclosure path and keep the matter within a manageable range.
Assess the tax consequences and implementation path of residency changes, family asset arrangements and outbound structures—on a compliant basis.
Organise materials and consistent positions during inquiries and audits, and preserve rights of representation and remedy.
Mankun has handled extensive cross-border investment, funds-flow and tax compliance matters. Find the path that matches your situation.
Records are spread across overseas institutions, cost basis is unclear, and there is concern that information exchange will trigger inquiries or audits.
Offshore-entity salaries, equity incentives and multi-location living arrangements overlap; income characterisation and filing location need professional judgement.
Family members hold different residencies and asset forms; each person's filing obligations and positions differ.
Mixed corporate and personal accounts and unclear treatment of retained profits and dividends raise CFC and double-taxation concerns.
Materials must be organised and positions aligned within a fixed window, preventing escalation into more serious legal consequences.
Tax rules, legal boundaries, asset facts and cross-border coordination handled together.
Tax treatment and legal boundaries are assessed together, so fixing a tax issue does not leave foreign-exchange or criminal exposure behind.
Bank, securities, fund, policy and trust accounts are handled on a single asset map, with consistent positions that withstand scrutiny.
Legacy remediation and future structuring are designed together, so remedial filings do not expose new issues.
Mainland China tax rules lead, coordinated with tax and legal resources across Hong Kong, Singapore, the US and other common jurisdictions.
Configured by stage, asset scale and urgency.
Residency, exchange scope and obligation inventory
Reconciliation, positions and filing workpapers
Risk grading, voluntary disclosure and audit playbook
Feasibility, design and implementation support
Materials, representation and dispute counsel
Filing calendar, briefings and dedicated response
Usable directly by individuals, families, businesses and external advisers.
Direct answers to the questions clients ask most.
CRS covers deposit accounts, custodian accounts, investment accounts and cash-value insurance contracts. Balances, interest, dividends and disposal gains are exchanged annually with your country of tax residence. The jurisdictions and asset types covered keep expanding, so treating overseas accounts as invisible is no longer realistic.
Yes. Chinese tax residents owe filing obligations on worldwide income, including interest, dividends and disposal gains in overseas accounts. Whether tax is actually payable depends on the character of the income, deductible costs and applicable treaties—but the filing obligation itself does not disappear because the account is offshore.
Voluntary reconciliation and filing offer far more room than being discovered in an audit. Voluntary resolution can usually be managed around back taxes and surcharges; once a formal audit begins, penalty multiples and criminal-risk assessment become much less favourable. The earlier the review, the more options remain.
Residency planning is a compliance question, not an avoidance tool. A change of tax residency must be supported by genuine living and economic arrangements, has no retroactive effect on past obligations, and—if done improperly—can trigger filing duties in two jurisdictions at once. Feasibility must be assessed case by case.
Interest and dividends are generally filed under their respective income categories; gains from transferring overseas equity, funds and similar assets are usually treated as “income from property transfer”. Characterisation and deductible costs differ by asset type and holding structure, and require analysis based on the substance of each transaction.
Tell us your residency situation, asset types and current position. We will help you assess your obligations and the right order of action.
Discuss tax compliance