On June 26, 2023, China Business Law Journal, a well-known legal media in Asia, announced the 2023 China Business Law Journal Law Firm of the Year Awards, selecting the outstanding Chinese and foreign law firms in the Chinese legal market in 2022-2023. Hwuason Law Firm has been awarded the 2023 China Tax Law Firm of the Year Award. Since 2015, Huashui Law Firm has been awarded the China Tax Law Firm Excellence Award by China Business Law Journal for nine consecutive years for its outstanding performance and market reputation in the domestic tax law service market. It is reported that in order to faithfully select the most outstanding law firms in each segment, the editorial team of China Business Law Journal adheres to the principles of independence, objectivity and impartiality, collects extensive application materials, listens to feedback from the industry, conducts several months of research and evaluation, and finally collects hundreds of entry materials and thousands of evaluation opinions from corporate executives, in-house counsel and senior lawyers. In addition to industry, this includes government agencies, the judicial system, and academia.

As the first professional tax law firm in China, Huashui Law Firm has been rated as the "Best Chinese Tax Law Firm" by international legal rating agencies such as Chambers, ALB, Legal500, CLP, Aisalaw, and China Business Law Firm, and is a leader in China's tax lawyer industry, and is committed to providing first-class legal services in the field of finance and taxation by virtue of its professional advantages of "tax + law + industry". As expert representatives, the professional lawyers of Huashui have been invited to participate in the tax legislation work of the National People's Congress, the State Council, the Ministry of Finance, the State Administration of Taxation and other organs as expert representatives. Over the years, Huashui lawyers have represented more than 1,500 difficult tax dispute cases across the country, maximizing corporate value and being unique in the industry.