Cost management remains a prominent concern for foreign businesses operating in China in 2023, especially for manufacturers and SMEs facing economic uncertainties and tax-related challenges.

In today's rapidly changing business landscape, effective risk management directly translates into costs. To enhance business resilience, companies must adhere to several key components and tactical approaches for cost management in China.

In this seminar, the European Chamber Nanjing Chapter is pleased to invite Shirley Chu, Manager with Tax Advisory Service team and Simon Laube, Assistant Manager with the International Business Advisory team, at Dezan Shira & Associates, to share valuable insights on cost control solutions from tax, HR, and business perspectives, with a particular focus on China-specific tax avoidance arrangements and workforce optimization.

Outline:

(1) An overview of the latest economic trends affecting businesses in China.

(2) Sustainable workforce structure

• The key drivers of workforce optimization: cyclical versus structural
• A comparison of flexible employment methods
• Options for effective labor cost management

(3) Manage tax avoidance arrangements

• The concept of tax avoidance arrangements as defined by Chinese tax authorities.
• The standard procedures for special tax investigations triggered by tax avoidance arrangements lacking reasonable commercial purposes.
• Practical recommendations to help businesses mitigate tax risks associated with these arrangements.

(4) Summary and takeaways

Agenda:

15:00-15:30 (30min): presentation by Mr. Simon Laube, Assistant Manager of International Business Advisory Dezan Shira & Associates

15:30-16:00 (30min): presentation by Ms. Shirley Chu, Manager of Tax Advisory Service, Dezan Shira & Associates

16:00-16:30 (30min): Q&A session

Payment:

1. Bank transfer:

RMB Bank Account
A/C Name: 中国欧盟商会
A/C No.: 7110210182500027543
China CITIC Bank 中信银行京城大厦支行
Capital Mansion Sub Branch
No. 6, Xinyuan Nan Road
Chaoyang District, 100004 Beijing
北京市朝阳区新源南路6号京城大厦
S.W.I.F.T. Code: CIBKCNBJ100

2. Pay onsite through cash or Wechat.

Terms & Conditions:

This event has limited seating and requires registration and payment in advance. No walk-ins accepted.

Cancellation Policy:

If you cannot attend this training, please cancel your registration at least 3-working days before. If you fail to notify us of your cancellation in a timely fashion, you will be charged for event costs.

To cancel, please contact Ms. Annie Zhou at azhou@europeanchamber.com.cn.

Speakers

Ms. Shirley Chu

Manager, Transfer Pricing, Dezan Shira & Associates

Ms. Shirley Chu

Manager, Transfer Pricing, Dezan Shira & Associates

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Shirley Chu is a manager with transfer pricing team at Dezan Shira & Associates. She advises clients on transfer pricing and international tax concerning investment in China.
Prior to joining Dezan Shira & Associates, Shirley worked eight years in Big Four firms. Her work included assisting with transfer pricing legislation compliance and tax advisory services for multinational companies' business operations in China.
Shirley has a bachelor’s degree in economics from Dongbei University of Finance and Economics in Dalian and a dual bachelor's degree in management from Ritsumeikan Asia Pacific University, in Japan.

Mr. Simon Laube

Senior Associate, International Business Advisory, Dezan Shira & Associates

Mr. Simon Laube

Senior Associate, International Business Advisory, Dezan Shira & Associates

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Simon Laube is an Assistant Manager with the International Business Advisory team at Dezan Shira & Associates’ Shanghai office. He guides foreign investors through their market entry process into China and North-East Asia — from pre-entry assessment to corporate structuring, and ongoing support in conjunction with his tax, accounting, and payroll colleagues.
Simon is also the point of contact for the company’s German Desk in China and manages the Dezan Shira Asian Alliance for Japan and South Korea.
Before joining Dezan Shira & Associates, Simon acquired extensive experience in international business management, leading the Europe office of a boutique American trading company in the automotive and motorcycle industries. His deep engagement with business partners in Asia as well as the expertise he developed managing mass production supply chains in the region, led him to his current position in Shanghai.
Simon holds a bachelor’s degree in economics from the University of Munich (LMU) and an MBA from Hitotsubashi University School of International Corporate Strategy, Tokyo. He speaks fluently German as well as English and is proficient in Japanese.

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