The Association of Certified Tax Agents of China has released the “Top 100 Tax Agent Firms in Operating Income in 2020”. The list is ranked based on the operating income of major taxation firms in 2020. Among them, Shanghai Deloitte Tax Agents, China Tax Net Tax Agents and Jingzhou Lianxin Tax Agents won the top three on the list.
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Interpretation of the 2020 tax agency list
According to the 2020 China Tax Agent Firm Rankings, the top 100 firms on the list achieved a total operating income of 16.177 billion yuan, a year-on-year increase of 14.38%, accounting for 60.45% of the industry’s 26.763 billion yuan in revenue.
From the perspective of revenue scale, 3 of the top 100 tax accountant firms in the country have revenues of more than 1 billion yuan, 6 firms have revenues of 500 to 1 billion yuan, and 31 firms have revenues of 1 billion yuan. -500 million yuan, 4 firms have incomes between 50 million yuan and 100 million yuan, and the remaining 56 firms have incomes below 50 million yuan.
From the perspective of regional distribution, a total of 41 firms in Beijing were included in the top 100 list, and the number of firms on the list ranked first in the country. Secondly, 15 firms were selected in Zhejiang, 9 firms in Shanghai, 6 firms each in Jiangsu and Ningbo, 5 firms each in Guangdong and Sichuan, and 2 firms each in Shandong, Qingdao and Chongqing.