UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

PROXY STATEMENT PURSUANT TO SECTION 14(a)
OF THE SECURITIES EXCHANGE ACT OF 1934

Filed by the Registrant x

Filed by a Party other than the Registrant ¨

Check the appropriate box:

¨ Preliminary Proxy Statement

¨ Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

x Definitive Proxy Statement

¨ Definitive Additional Materials

¨ Soliciting Materials Pursuant to §240.14a-12

China United Insurance Service, Inc.

(Name of Registrant as Specified in Its Charter)

(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

Payment of Filing Fee (Check the appropriate box):

NOTICE OF 2020 ANNUALMEETING  

NOTICE OF 2022 ANNUAL MEETING 

OFSTOCKHOLDERS STOCKHOLDERS ANDPROXYSTATEMENT PROXY STATEMENT

November 4, 202023, 2022

Dear Valued Shareholder:Shareholders:

You are cordially invited to attend the 20202022 Annual Meeting of Shareholders (the “Annual Meeting”) of China United Insurance Service, Inc. (the “Annual Meeting”“Company”), which will be held on December 18, 2020,23, 2022, at 3:00 p.m. local time, at 7/F, No. 311 Section 3, Nan-King East Road, Taipei City, Taiwan. You may also participate in the Annual Meeting through our telephone conference channel by dialing +886-2-3322-0688 (access code

144643).

The Notice of the Annual Meeting and a Proxy Statement, which describes the formal business to be conducted at the meeting, will follow this letter.

It is important that you use this opportunity to take part in the affairs of China United Insurance Service, Inc.the Company by voting on the business to come before this meeting. Whether or not you plan to attend the Annual Meeting in person or through telephone conference channel, we hope you vote as soon as possible to assure your representation. You can vote your shares over the internet, by telephone, by fax or by using a traditional proxy card. Instructions on each of these voting methods are outlined in the enclosed Proxy Statement. Regardless of the number of shares you own, your careful consideration of, and vote on, the matters before our shareholders is important.

A copy of China United Insurance Service, Inc.’sthe Company’s Annual Report on Form 10-K accompanies these proxy materials for your information. At the Annual Meeting, we will review China United Insurance Service, Inc.’s activities over the past year and our plans for the future. The Board of Directors and management look forward to seeing you at the Annual Meeting.

TABLE OF CONTENTS

CHINA UNITED INSURANCE SERVICE, INC.

7F, No. 311 Section 3, Nan-King East Road

Taipei City, Taiwan

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

To Be Held on December 18, 202023, 2022

TO THE SHAREHOLDERS OF CHINA UNITED INSURANCE SERVICE, INC.:

Notice is hereby given that the Annual Meeting of the Shareholders of China United Insurance Service, Inc. (the “Company”), a Delaware corporation, will be held on December 18, 2020,23, 2022, at 3:00 p.m. local time, at 7/F, No. 311 Section 3, Nan-King East Road, Taipei City, Taiwan, for the following purposes:

I.To elect seven directors to hold office for a three-year term and until their respective successors are elected and qualified;

II.To approve, by a non-binding advisory vote, the compensation of our named executive officers;

III.To ratify the appointment of MACIAS, GINI & O’CONNELL, LLP  as our independent registered public accounting firm for the fiscal year ending December 31, 2020; and

IV.To transact such other business as may properly come before the Annual Meeting.

Only shareholders of record at the close of business on October 30, 202028, 2022 (the “Record Date”) are entitled to notice of, and to vote at, this Annual Meeting and any adjournment or postponement thereof. The Board of Directors recommends that you vote FOR each of the proposals from I to IVII as identified above.

On or about November 4, 2020,29, 2022, we will begin to mail our shareholders either a notice containing instructions on how to access this Proxy Statement and our Annual Report through the internet, or a printed copy of these materials. We have provided each shareholder with a Notice of Internet Availability of Proxy Materials (the “Notice”), which encourages shareholders to review all proxy materials and our annual report and vote online at http://onlineproxyvote.com/CUII/www.proxyandprinting.com. We believe that reviewing materials online reduces our costs, eliminates surplus printed materials and generally reduces the environmental impact of our Annual Meeting. If you would like to receive a printed copy of our proxy materials, please follow the instructions contained in the

Notice.

All proxy solicitation costs are paid by the Company. In addition to proxy solicitations by mail, the Company’s directors and officers may solicit proxies in person or by telephone.

Your vote is important. Whether or not you plan to attend the Annual Meeting, we hope that you will vote your shares as soon as possible. We encourage you to vote via the internet, since it is convenient and significantly reduces postage and processing costs. You may also vote via telephone or by mail if you choose to receive paper copies of the proxy materials. Instructions regarding the methods of voting are included in the Notice, the proxy card and the Proxy Statement. You may wish to provide your response electronically through the internet by following the instructions set out on the enclosed Proxy Card. If you do attend the meeting and wish to vote your shares personally, you may revoke your proxy.

Important Notice Regarding the Availability of Proxy Materials for

The Shareholder Meeting To Be Held on December 18, 202023, 2022

In accordance with the rules of the Securities and Exchange Commission, the 20202022 Notice of Annual Meeting of Shareholders, proxy card, Proxy Statement and the 20192021 Annual Report on Form 10-K are available at www.proxyandprinting.comhttp://onlineproxyvote.com/CUII/..

IMPORTANT: You are cordially invited to attend the meeting. Whether or not you expect to attend the meeting, please vote as soon as possible by using the internet, fax, telephone or for those receiving paper copies of these proxy materials by completing, signing, dating and mailing your proxy card. Even if you have voted by proxy, you may still vote in person if you attend the meeting in person or through telephone conference channel. Please note, however, that if the record holder of your shares is a broker, bank or other nominee, and you wish to vote at the meeting, you must obtain a proxy issued in your name from that record holder.

PROXY STATEMENT FOR ANNUAL MEETING OF SHAREHOLDERS

The accompanying proxy is solicited on behalf of the board of directors (the “Board” or the “Board of Directors”) of China United Insurance Service, Inc., a Delaware corporation (the “Company”), for use at the Annual Meeting of Shareholders to be held on December 18, 202023, 2022 at 3:00 p.m. local time, at 7/F, No. 311 Section 3, Nan-King East Road, Taipei City, Taiwan, and at any adjournment or postponement thereof, for the purposes set forth in the accompanying Notice of Annual Meeting of Shareholders. The Notice of Internet Availability of Proxy Materials are being mailed to shareholders commencing on or about November 4, 2020.29, 2022.

ANNUAL MEETING AGENDA AND BOARD OF DIRECTOR VOTE RECOMMENDATIONS

Shareholders are being asked to vote on the following item at the Annual Meeting:

The Board of Directors recommends that you vote FOR the proposal described above.

SOLICITATION AND VOTING

Voting Securities. Only shareholders of record as of the close of business on October 30, 2020,28, 2022, the Record Date for the Annual Meeting, will be entitled to vote at the meeting and any adjournment thereof. As of that date,October 28, 2022, we had 29,421,73630,286,199 shares of common stock (the “Common Stock”) issued and outstanding and 1,000,000 preferred shares issued and outstanding, all of which are entitled to vote together as a single class with respect to all matters to be acted upon at the Annual Meeting. Each common shareholder of record as of the Record Date is entitled to one vote for each share of Common Stock held by him or her, while the preferred shareholder of record as of Record Date is entitled to ten votes for each share of preferred stock held by him. The sole holder of our issued preferred stock is Yi Hsiao Mao, our Chief Executive Officer and Chairman of the Board. In addition, “beneficial owners of shares held in street name” as of the Record Date as explained below can vote using the methods described below.

Our amended and restated bylaws adopted in November 2021 provide that a majority33 1/3% of all of the shares of capital stock entitled to vote, whether present in person or represented by proxy, shall constitute a quorum for the transaction of business at a shareholder meeting. When a quorum for a shareholder meeting is present, the election of directors will be determined by a plurality of the votes cast by the shareholders entitled to vote at the shareholder meeting, and any other matter will be determined by the affirmative vote of the majority of the voting power of the capital stockshares present in person or represented by proxy and entitled to vote on the matter. Votes for and against, abstentions and “broker non-votes” will each be counted as present for purposes of determining the presence of a quorum.

In accordance with the rules of the Securities and Exchange Commission, we are advising our shareholders of the availability on the internet of our proxy materials related to our forthcoming Annual Meeting. These rules allow companies to provide access to proxy materials in one of two ways. Because we have elected to utilize the “notice only” option, we are providing all shareholders access to the proxy materials on a publicly accessible website. The notice of the Annual Meeting, this Proxy Statement, the form of proxy card and our most recent annual report on Form 10-K are available at www.proxyandprinting.comhttp://onlineproxyvote.com/CUII/ ..

Voting of Proxies. All valid proxies received before the meeting will be exercised. All shares represented by a proxy will be voted, and where a proxy specifies a shareholder’s choice with respect to any matter to be acted upon, the shares will be voted in accordance with that specification. If no choice is indicated on the proxy provided by a shareholder of record, the shares will be voted in favor of each proposal.

You may vote in person by attending the Annual Meeting or by using the internet or telephone or by completing and returning a proxy by mail or by fax.

Voting by internet. To vote by internet, go to www.proxyandprinting.comhttp://onlineproxyvote.com/CUII/, click on “Vote your Proxy” and select the “China United Insurance Service” logo. Internet voting is available 24 hours a day, although your vote by internet must be received by 11:596:00 p.m. Eastern Time on December 17, 202021, 2022 (or 11:595:00 a.m. Taipei Time on December 18, 2020)22, 2022). You will need the control number found on your proxy card, instruction form or the notice of Annual Meeting. If you vote by internet, do not return your proxy card or voting instruction card. If you hold your shares in “street name” as explained below, please refer to the Notice of Internet Availability of Proxy Materials or voting instruction card provided to you by your broker, bank or other holder of record for internet voting instructions.

Voting by Telephone. To vote by telephone, call 1-877-502-0550.1-469-633-0101. Please note that if you call this number outside of the United States, you may be charged an international direct dial rates by your service carrier. Telephone voting is available from 9:10:00 A.M. to 5:6:00 p.m. Eastern Time. Your vote by telephone must be received by 5:6:00 p.m. Eastern Time on December 17, 2020.21, 2022 (or 5:00 a.m. Taipei Time on December 22, 2022). You will need the control number found on your proxy card, instruction form or notice of Annual Meeting. If you vote by telephone, do not return your proxy card or voting instruction card. If you hold your shares in “street name” as explained below, please refer to the Notice of Internet Availability of Proxy Materials or voting instruction card provided to you by your broker, bank or other holder of record for telephone voting instructions.

Voting by Mail. By completing, signing, dating and returning the proxy card in the prepaid and addressed envelope enclosed with proxy materials delivered by mail so that it is received by 5:6:00 p.m. Eastern Time on December 17, 2020,21, 2022 (or 5:00 a.m. Taipei Time on December 22, 2022), you are authorizing the individuals named on the proxy card to vote your shares at the Annual Meeting in the manner you indicate. You are encouraged to sign and return the proxy card even if you plan to attend the Annual Meeting so that your shares will be voted if you are unable to attend the Annual Meeting. A form of the proxy card is included in this Proxy Statement as Annex A. If you receive more than one proxy card, it is an indication that your shares are held in multiple accounts. Please complete, sign, date and return all proxy cards to ensure that all your shares are voted. If you return your signed proxy card but do not indicate your voting preferences, the persons named on the proxy card will vote the shares represented by that proxy as recommended by our Board. A shareholder of record may still attend the meeting and vote in person if he or she has already voted by proxy. To vote in person, you, as a shareholder of record, may attend the Annual Meeting and obtain a ballot upon arrival.

You may mail your proxy card to the following address:

Island StockSecurities Transfer Corporation 

15500 Roosevelt Blvd, suite 1042901 N. Dallas Parkway, Suite 380 

Clearwater FL 33760Plano, Texas 75093 

Attn: Anna KotlovaProxy Department

Voting by Email. Complete, sign and date your proxy card and return it by emailing to Anna Kotlova at akotlova@islandstocktransfer.com.proxyvote@stctransfer.com. Your vote by email must be received by 11:596:00 p.m. Eastern Time on December 17, 202021, 2022 (or 11:595:00 a.m. Taipei Time on December 18, 2020)22, 2022).

Voting by Fax. Complete, sign and date your proxy card and return it via fax to +1(727) 289-0069.+1(469) 633-0088. Your vote by fax must be received by 5:6:00 p.m. Eastern Time on December 17, 202021, 2022 (or 5:00 a.m. Taipei Time on December 18, 2020)22, 2022).

Voting in Person. If you attend the Annual Meeting and plan to vote in person, you will be provided with a ballot at the Annual Meeting. If your shares are registered directly in your name with our transfer agent, Island Stock Transfer, you are considered the shareholder of record and you have the right to vote in person at the Annual Meeting. If your shares are held in the name of your broker or other nominee, you are considered the beneficial owner of shares held in “street name.” Beneficial owners whose stock is held in the name of a bank, broker or other nominee generally will receive instructions for voting from their banks, brokers or other nominees, rather than directly from us. You can vote your shares held through a bank, broker or other nominee by following the voting instructions sent to you by that institution. As a beneficial owner, if you wish to vote at the Annual Meeting, you will need to bring to the Annual Meeting a legal Proxy from your broker or other nominee authorizing you to vote those shares. Whether you are a shareholder of record or a beneficial owner, you must bring valid, government-issued photo identification to gain admission to the Annual Meeting.

Revocability of Proxies. A shareholder giving a proxy has the power to revoke it at any time before it is exercised by delivering to the Secretary of the Company a written instrument revoking the proxy or a duly executed proxy with a later date, or by attending the meeting and voting in person.

Broker Non-Votes. A broker non-vote occurs when a broker submits a proxy card with respect to shares held in street name on behalf of a beneficial owner but is prohibited from voting on a particular matter because the broker has not received voting instructions from the beneficial owner and therefore does not have discretion to vote the beneficial owner’s shares with respect to that matter. Under the rules that govern brokers who are voting with respect to shares held in street name, brokers have the discretion to vote such shares on routine matters, but not on non-routine matters. Routine matters include the ratification of our independent registered public accounting firm. Non-routine matters include the election of directors and

the advisory vote on executive compensation.

Solicitation of Proxies. We will bear the entire cost of soliciting proxies for the upcoming meeting. In addition to soliciting shareholders by mail through our employees, we will request banks, brokers and other custodians, nominees and fiduciaries to solicit customers for whom they hold our stock and will reimburse them for their reasonable, out-of-pocket costs. We may use the services of our officers, directors and others to solicit proxies, personally or by telephone, without additional compensation.

PROPOSAL NO. 1

ELECTIONRATIFICATION OF DIRECTORSAPPOINTMENT OF INDEPENDENT

REGISTERED PUBLIC ACCOUNTING FIRM

According to our Certificate of Incorporation, the entireOur Board of Directors has appointed UHY LLP (“UHY”) as the independent registered public accounting firm to audit the consolidated financial statements of our Company shall consist of not less than three nor more than fifteen members. Our directors shall be elected atfor the annual meeting of stockholders to hold office until the third anniversaryfiscal year ending December 31, 2022.

Shareholder ratification of the annual meeting where such directors are elected. In addition,appointment of UHY as our holder of Series A Preferred Stockindependent registered public accounting firm is entitled to appoint one director. Certain corporate matters, such as decreasenot required by our bylaws or increase ofotherwise. However, the size of our Board, related party transactions, merger and acquisition or consolidation of the Company, incurrence of material indebtedness or expenditure in excess of certain threshold, shall not be undertaken without the affirmative vote of the Series A Director.

We currently have a Board of Directors that currently consistsis submitting the appointment of seven directors, of which six were elected byUHY to the holders of Common Stock and Series A Preferred Stock voting togethershareholders for ratification as a single class (the “Common Stock Directors”), and one was appointed bymatter of good corporate practice. If the holdershareholders fail to ratify the appointment, our Board of Series A Preferred Stock (the “Series A Director”, together withDirectors will reconsider whether or not to retain that firm. Even if the Common Stockselection is ratified, our Board of Directors eachin its discretion may direct the appointment of a “Director” and collectively,different independent registered public accounting firm at any time during the “Directors”).

At the Meeting, the following seven (7) individuals willyear if it determines that such a change would be elected or re–elected to serve as directors for a term of three (3) years until the next election of directors at an annual shareholder meeting or until their successors are duly elected, appointed and qualified: Fu-Chang Li, Chwan-Hau Li, Chih-Yuan Lu, Chun-Hui Yang, Tse-Hsun Niu, Shu-Yuan Sun and Yi-Hsiao Mao. Of these individuals, Fu-Chang Li, Chwan-Hau Li, Chih-Yuan Lu, Chun-Hui Yang, Tse-Hsun Niu, and Yi Hsiao Mao are among the current directors and Chih-Yuan Lu, Chun Hui-Yang, Shu-Yuan Sun and Tse-Hsun Niu are considered independent directors.

Management has no reason to believe any of the nominees will not be a candidate or will be unable to serve as a director. However, in the event any nominee is not a candidate or is unable or unwilling to serve as a director at the time of election, unless the shareholder withholds authority from voting, the proxies will be voted “FOR” any nominee who shall be designated by the present Board to fill such vacancy. Alternatively, the Board may reduce the size of the Board.

Biographical Information

The following table sets forth the biographical information of our current Series A Director and the six nominees to be elected as Common Stock Directors at this meeting:

Series A Director appointed by the Series A Preferred Stockholder

Yi Hsiao Mao, Series A Director and Chief Executive Officer

Mr. Mao has served as a Common Stock Directorbest interests of our Company from June 2010 to December 2016 when he was appointed as a Series A Director and has since served at such capacity. Mr. Mao has assumed the position as our Company’s Chief Executive Officer since August 2014, in which he oversees the strategic and operational initiatives of all business segments of our Company. Mr. Mao, with over 30 years of insurance brokerage experience, is the founder of Law Insurance Broker Co., Ltd. (“Law Broker”), a premier insurance brokerage company in Taiwan. In addition, Mr. Mao has served as the supervisor for Jiangsu Law Insurance Brokers Co., Ltd. (“Jiangsu Law”), our consolidated entity in China, since March 2005. He is also a director of Law Enterprise Co., Ltd. (“Law Enterprise”) in Taiwan.its shareholders.

Mr. Mao received his Bachelor’s degree from Taiwan Soochow University School of Law, and had acquired a Taiwan lawyer’s practice certificate. Mr. Mao was selected as a Director because of his extensive experience and profound knowledge in both the insurance industry and our Company’s operations in the Greater China region.

Common Stock Directors Nominated for Election at the 2020 Annual Meeting

Fu Chang Li, Director

Mr. Li has served as a Director of our Company since January 2011. As one of the pioneering insurance agents in Taiwan, Mr. Li has over 30 years of insurance experience, including 17 years in the insurance brokerage industry. From 1980 to 1992, he served as the head of sales division at Guohua Life Insurance. From 1992 to 1993, Mr. Li assumed the role of general manager for Gongxin Insurance Brokers or KHIB. Mr. Li was the president of Time Insurance Brokers from 1993 to 2003. After serving as the Consultant of Law Anhou Insurance Agency Co., Ltd. (“Anhou”), a consolidated entity of the Company in China, from October 2003 to October 2009, he had been promoted as the chairman of Anhou in October 2009 and had served in that capacity until May 2012. He is currently the Deputy General Manager of Anhou.

Mr. Li received his Bachelor’s degree in Mass Communications from Fu Jen Catholic University in Taiwan.

Chwan Hau Li, Director

Mr. Li has served as a Director of the Company since January 2011. He was a director of Sichuan Kangzhuang, a consolidated entity of the Company in China, from 2006 to 2010. Mr. Li has over 20 years of insurance experience, and has held various managerial positions throughout his career. From 1987 to 2000, he served as a business development manager at Taiwan Life Insurance. In April 2000, he founded Genius Insurance Brokers, and has served as its chairman until the present. Mr. Li is also the chairman of Genius Financial Consultants. He is the former chairman of Insurance Brokerage Association of Taiwan.

Mr. Li received his B.B.A degree from Tamkang University in Taiwan and M.S. degree in Actuarial Science from University of Iowa in the United States. He holds an actuarial certification.

Chih Yuan Lu, Independent Director

Mr. Lu has served as an independent director of our Company since May 2017. He specializes in developing and implementing financial controls and processes, in addition to productivity improvement and change management. Mr. Lu had served as a public auditor at PricewaterhouseCoopers Taiwan from 1997 to 1999. From 2003 to 2005, he served as first a specialist and then the manager of the Finance and Shipping Departments at Transcend Information Inc. From 2005 to 2009, he joined Transcend Information BV, Rotterdam, where he served as the financial controller, supervising the HR/ACC/CS/Logistic (Cash & Inventory) departments with over 50 employees. From 2009 to 2010, Mr. Lu became the administration director at the headquarters of Transcend Information Inc. in Taipei, overseeing the HR, LIPO (Legal), and Quality Assurance Departments. From 2010 to February, 2017, he served as the Chief Financial Officer and Spokesperson at Transcend Information Inc., in which he was responsible for all administrative, financial, and risk management operations of that company, supervising a 60-member team across 12 offices worldwide. Mr. Lu currently serves as the Chief Financial Officer of EIKEI (Taiwan) Co., Ltd.

Mr. Lu received his B.B.A degree in Accounting from Tung-Hai University in Taiwan and his M.B.A degree from University of Massachusetts, Dartmouth MA, U.S.A.

Chun Hui Yang, Independent Director

Ms. Yang has served as an independent director since May 2017. She is an expert in financial, managerial, and accounting analysis. Ms. Yang is skilled in the production and presentation of consolidated financial statements and in the preparation of payroll, sales, and property tax returns. From September 2012 to September 2015, she served as an auditor at PricewaterhouseCoopers, where she performed external audits on the financial statements and examined corporate accounts and financial control systems. Since October 2015, she has served as an accountant at CI-FONG Accounting Firm, where she is responsible for providing corporate tax filing & planning, audit, and management consulting services.

Ms. Yang received both her Bachelor’s degree in Accounting and her Master’s degree in Accounting from National ChengChi University in Taiwan.

Tse Hsun Niu, Independent Director

Dr. Niu has served as an independent director since May 2017. He is an expert in advertising, political communications, public relations, and electoral strategies. In August 2002, he joined the Department of Advertising at Chinese Culture University in Taiwan, where he served as an assistant professor from August 2002 to July 2007; an associate professor from August 2007 to January 2015, and a professor since February 2015. Prior to joining academia, he was the associate section assistant at the Ministry of Foreign Affairs, R.O.C. from December 1998 to January 2002. Over the course of 25 years of research and studies, he has authored over 13 books, 16 research journals, 22 dissertations, and over 60 news articles related to advertising, strategy and government public relations.

Dr. Niu received his Bachelor’s degree in Diplomacy, Master’s degree in Diplomacy, and Doctoral degree in Political Science from National ChengChi University in Taiwan.

Shu Yuan Sun, Independent Director

Ms. Sun has a profound experience in finance filed, she has been a bookkeeper since 1988 and has over 30 years of tax experience in Taiwan. She is the founder of Ci-Fong Accounting & Tax Service Firm. Ms. Sun was elected by National Taxation Bureau of Taipei Ministry of Finance as an outstanding bookkeeper in 2014 and 2019, respectively. Since 2014, Ms. Sun has also worked as a consultant for Ci-Fong Accounting Firm, providing consulting service for tax and related matters to its clients. In addition, she is currently the supervisor of the Taipei Certified Public Bookkeepers Association and has been the Chief Financial Officer of Chinese Standard Cursive Script Association since 2018.

Ms. Sun received her Associate degree in Business Administration at Chihlee University of Technology, and Master’s degree in Accounting and Taxation from National Taipei University of Business in Taiwan.

Vote Required

If a quorum is present at the meeting, a plurality of votes shall be sufficient to elect Common Stock Directors. Abstentions and broker non-votes have no effect on the vote.

Recommendation

The Board of Directors recommends a vote “FOR” each of the nominees named above.

PROPOSAL NO. 2

NON-BINDING ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY’S NAMED

EXECUTIVE OFFICERS (“SAY ON PAY”)

Background of the Proposal

The advisory vote on executive compensation is a non-binding vote on the compensation of our named executive officers, as described in the Executive Compensation and Related Information section, the tabular disclosure regarding such compensation, and the accompanying narrative disclosure, set forth in this Proxy Statement. Please read the Compensation Discussion and Analysis section of this Proxy Statement for a detailed discussion about our executive compensation, including information about the fiscal year 2019 compensation of our named executive officers.

The advisory vote on executive compensation is not a vote on our general compensation policies, the compensation of our Board of Directors, or our compensation policies as they relate to risk management. The Dodd-Frank Wall Street Reform and Consumer Protection Act requires that we hold the advisory vote on executive compensation at least once every three years. To be advised by our shareholders on frequency of the advisory vote on executive compensation, our Board of Directors suggests to hold the advisory vote on executive compensation annually as a matter of good corporate practice.

These compensation practices are discussed in detail in the Compensation Discussion and Analysis section of this Proxy Statement and have the following objectives:

The vote solicited by this Proposal No. 2 is advisory, and therefore is not binding on our Company or our Board of Directors, nor will its outcome require our Company or our Board of Directors to take any action. Moreover, the outcome of the vote will not be construed as overruling any decision by our Company or our Board of Directors.

Furthermore, because this non-binding advisory resolution primarily relates to the compensation of our named executive officers that has already been paid or contractually committed, there is generally no opportunity for us to revisit these past decisions. However, our Board of Directors values the opinions of our stockholders and, to the extent there is any significant vote against a named executive officer compensation as disclosed in this Proxy Statement, we will consider our stockholders’ concerns and evaluate what actions, if any, may be appropriate to address those concerns.

Stockholders will be asked at the Annual Meeting to approve the following resolution pursuant to this Proposal No. 2:

RESOLVED, that the stockholders of China United Insurance Service, Inc. approve, on an advisory basis, the compensation of the Company’s named executive officers, disclosed pursuant to Item 402 of Regulation S-K in the Company’s Definitive Proxy Statement for the 2020 Annual Meeting of Stockholders.

PROPOSAL NO. 3

RATIFICATION OF APPOINTMENT OF INDEPENDENT

REGISTERED PUBLIC ACCOUNTING FIRM

Our Board of Directors has appointed MACIAS, GINI & O’CONNELL, LLP (“MGO”) as the independent registered public accounting firm to audit the consolidated financial statements of our Company for the fiscal year ending December 31, 2020. MGO has acted in such capacity since its appointment on June 5, 2020.

Shareholder ratification of the appointment of MGO as our independent registered public accounting firm is not required by our bylaws or otherwise. However, the Board of Directors is submitting the appointment of MGO to the shareholders for ratification as a matter of good corporate practice. If the shareholders fail to ratify the appointment, our Board of Directors will reconsider whether or not to retain that firm. Even if the selection is ratified, our Board of Directors in its discretion may direct the appointment of a different independent registered public accounting firm at any time during the year if it determines that such a change would be in the best interests of our Company and its shareholders.

Vote Required

The affirmative vote of a majority in voting power of the shares present in person or represented by proxy at the meeting and entitled to vote on the matter shall ratify the appointment of MGOUHY as our independent registered public accounting firm for the fiscal year ending December 31, 2020.2022. Abstentions and broker non-votes, if any, are not treated as votes cast, and therefore will have no effect on this Proposal. This Proposal is a routine matter, which means that brokers will be able to use their discretion to vote on behalf of the beneficial owners absent instructions from such owners. Therefore, no broker non-votes are expected to exist in connection with Proposal No. 3.1.

Board of Directors Recommendation

The Board of Directors unanimously recommends a vote “FOR” the ratification of the selection of MACIAS, GINI & O’CONNELL, LLPUHY as our independent registered public accounting firm for the fiscal year ending December 31, 2020.2022.

PRINCIPAL ACCOUNTING FEES AND SERVICES

The following table sets forth the aggregate fees billed to the Company for the fiscal years ended December 31, 20192021 and 20182020 by Simon & Edward, LLP, our former registered public accounting firm:Macias Gini O’Connell LLP:

The following table sets forth the aggregate fees billed to the Company for the fiscal years ended December 31, 2021 and 2020 by UHY LLP: