The European Union Chamber of Commerce in China and SwissCham Beijing invite you to a breakfast seminar on "New Tax Regulations for Foreign Companies in China".
Since early this year, the State Administration of Taxation has issued a few circulars to revise the existing rules governing foreign companies earning income from China. These circulars basically cover all types of income foreign companies may earn from China.
It could be a foreign company having a working place in China and earning service income or a foreign company without any place or person in China but earning passive income such as dividend, interest, royalty, rental and capital gain from China. In particular, circular No. 3 and No. 19 set out detailed compliance and disclosure requirements. They include mandatory registration, periodic reporting, final reconciliation, etc. Failure to do any step may cause trouble in remitting money out of China.
During this presentation we are going to share with you the most critical points you need to beware and how to leverage on the new rules to protect your interest by way of tax treaty.
Speaker
Kelvin Lee, PricewaterhouseCoopers
Kelvin Lee is a Tax Director of Beijing office of PricewaterhouseCoopers. Kelvin has broad experience in China tax and business advisory and currently serves a number of multinational and Chinese domestic enterprises in a wide variety of industries, including manufacturing, real estate, high-tech industries and green field projects for clean energy in China. On daily basis, he also works closely with Chinese authorities in tax, finance, MOFCOM, SAFE at both national and local levels.
Kelvin is a Fellow Member of UK Chartered Association of Certified Accountants and Hong Kong Institute of Certified Public Accountants.
Agenda
08.00 - 08.30 Registration/breakfast
08.30 - 09.30 Presentation
09.30 - 10.00 Q&A
Joint Event with
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 Monday, 27th March, 2009. 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.
For more information, please visit:
http://www.swissotel.com/EN/Destinations/China/Swissotel+Beijing/Hotel%20Home/Maps%20and%20Directions