Under the current economic climate many organizations are having to evaluate different strategies to finance and structure current operations in China, including considering various approaches to down-sizing operations in China.
This event seeks to address common concerns from various industries in coping with the severe economic slow-down by discussing the various measures of re-financing and down-sizing which are commonly adopted by foreign invested enterprises. It will comment on the pros and cons of different approaches from a tax perspective and alert companies to the potential practical obstacles or difficulties in implementation of these strategies.
Elements covered will include:
* Measures of re-financing
* Options and tax implications in downsizing
* Implementing new tax strategies
GUEST SPEAKERS
Tracy Zhang, Tax Partner (KPMG)
Tracy joined KPMG Beijing office in 1996. She headed the tax practice in KPMG Qingdao office in 2006. From 2007 till July 2008, she worked in International Corporate Tax practice in KPMG New York and FS tax practice in KPMG London.
Tracy is a PRC regulatory and tax expert on China investment related issues. Since 2004, she has been functioning as the leader of the FS tax teams in KPMG Beijing, looking after banking, insurance, security companies and real estate funds. She has been involved in developing structures for foreign investor’s investments into China, tax due diligences reviews in connection with M&A transactions and advising on cross border transactions.
David Ling, Tax Partner (KPMG)
David is tax partner at KPMG in Beijing. In addition to his extensive experience in China tax practice, he specialises in assisting multinational clients from various sectors operating in China. His expertise includes advising foreign companies establishing operations in China, assessing the effect of China WTO accession on foreign investment and China entities. He has particular expertise in the establishing of investment holding companies and trading companies in China as well as providing advisory services with regard to the Chinese companies investing overseas. He has extensive knowledge of PRC Customs regulations, foreign exchange control policies as well as the China tax planning and tax negotiations.
He has extensive relationship with various PRC authorities in Beijing and other major cities including the Ministry of Commerce, the State Administration for Industry and Commerce, the State Administration for Foreign Exchange, and the tax authorities.
Agenda
18.00 - 18.30 Registration
18.30 - 20.30 Presentation followed by Q&A
A joint event with the British Chamber and the BenCham
Event Terms & Conditions
Please be advised that the media is normally allowed to attend all EUCCC public events unless otherwise stated, on the condition that no one attending these events quotes participants by name (the “Chatham House Rule”).
Please register before 2:00pm on Wednesday, 25th Feb. Please note that we will send you a registration confirmation. We require 24 hours notice for cancellations, no-shows who fail to cancel before this time will be invoiced for the event. Registrations done after the deadline will be accepted only if space permits and are charged an additional 50 RMB walk-in fee.