Structuring for profits optimization in China
Thursday, November 25th
19:00-21:00
@
The Longemont Shanghai
Introduction
In this seminar, information on profit optimization will be given in two parts. The first part will focus on how to calculate the profit available to distribution and how to transfer the profit back to foreign shareholders. The second part of the seminar gives a brief update on the China tax situation for foreign invested companies and the impact this may have when repatriating profits out of China.
The first part of the presentation introduces how to calculate the profit available to distribution and how to transfer the profit back to the foreign shareholders, it includes four parts:
Part 1: The procedure of profit distribution.
Part 2: The relative taxes involved in the profit repatriation.
Part 3: The payment procedure.
Part 4: List of the derivations of the relative tax regulations
The second part of the presentation emphasizes on the importance of “Substance” in your investment structure and covers a brief update on the China tax situation for foreign invested companies, and the impact this may have when repatriating profits out of China.
Part 1: Brief update on relevant changes in PRC tax
Part 2: Case study showing potential impact on withholding / capital gains taxes
Part 3: How to ensure “substance” is added to existing investment structures
Part 4: Some tax efficient investment structures that for European investment into China
Speakers:
Anita Peng, Senior Manager, Tax Services
Anita Peng is a senior manager of tax and business advisory team of PricewaterhouseCoopers Shanghai Office. Anita has over eight years of practice in advising PRC tax compliance, operational review, merger & acquisitions, corporate restructuring and regulatory matters to multinational companies, including those engaged in retail &consumer industry, information & technology companies, real estate companies and banks, etc.
Anita has extensive experiences in advising inbound and outbound investments for foreign investors and PRC domestic enterprises. The projects engaged involve various different industries ranging from retail and consumer sectors to manufacturing and trading sectors.
Kit Wah Poon (short for CP)
CP is originally from Hong Kong and is used to work in Big 4 International CPA firms as a tax advisor. As the tax director in Shanghai office now, CP is an expert in structuring tax efficient cross-border structures and devising tax efficient inbound and outbound investment strategies for investors. He has lived and worked in Southern China for a number of years, and developed and maintains a good relationship with the People’s Republic of China (PRC) officials in various cities.
This event is supported by: PwC and Amicorp