[ErrantX]

One other point is how you plan to account as well. If you want to do it yourself you'll either have to put together your own system (that is EASY to use - trust me that is essential) or invest in a commercial package. That can be expensive - so it might be cheaper to seek professional services.

If iti s only a small company you might be ok just keeping a general book (income, outlay, expenditure etc etc.) and keep all receipts. Then at the end of the financial year take all that to an accountant and pay him to get it all written up and submitted. That is how it works in the UK (and probably costs around £400-500 depending on the amount of work involved) - I dont know if that is the case in China but it is worth investigating. Usually there is no formal requirement for a small startup to keep regulated books - just to have some form of accounts the tax man can request at any time (it;s more complex than that but, meh, essentially all that ya need to know :P)