In China, the crime of concealing and destroying accounting documents or vouchers means：If a company owner or financial officer intentionally conceals or destroys the company’s financial documents or vouchers, and the circumstances are serious, they may be sentenced to imprisonment of up to five years and fined between 20,000 and 200,000 yuan. Serious circumstances mainly include the following three situations: first, concealing or destroying accounting documents or vouchers amounting to more than 500,000 yuan; second, refusing to hand over accounting documents or vouchers to relevant authorities; third, other serious acts. I am China attorney Lyu Qiang from Xuzhou China. If you have any legal questions, you can contact me. If you like my videos, please like, subscribe, and save them.
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