The European Union Chamber of Commerce in China, Canada China Business Council and the Benelux Chamber of Commerce in China and are delighted to invite you to a business afternoon seminar on November 23rd.

In recent years, in accordance with China's on-going economic reform and developments, new trends on the foreign exchange administration arise.   A series of important rules and regulations have been announced by the government for the following administrative purposes:

·Accelerating the economic reform; 

·Enhancing the administrative control over the cross-border financing; and 

·Satisfying the needs of foreign exchange administration in the global market.

To be specific, those new regulations were issued to remove the mandatory requirements on foreign exchange settlement and enhance the supervision on the cross-border capital flows.   How to effectively respond and adapt to those legislative changes and even better utilize the benefits bringing us (when possible) would be critical to the foreign investors doing business in China.

 In the presentation, Nick Cham (tax partner), Hui Wang (director), and Shawn Su (manager) of Deloitte Touche Tohmatsu Beijing Office will give an overview of the recent key changes on the PRC foreign exchange administration and share with us their thoughts on the new trends, especially significant implication to the foreign investors.   Moreover, possible recommendations as well as some foreign exchange strategies will be provided through cases studies during the presentations. 

The Speaker:
Nick Cham, Partner, Deloitte 

Nick is a tax partner with Deloitte’s Beijing tax practice.  He has over 15 years experience in advising clients on corporate tax issues.  His focus is providing M&A and International Tax advisory services for a wide range of clientele including North American, European and Chinese multinational corporations.  His clientele includes a number of high-profile strategic and private equity investors. Prior to practicing taxation in China, Nick worked in the U.S. and Canada, specializes in international corporate taxation.  Nick has advised clients on cross-border M&A, restructuring, repatriation, financing strategies, transfer pricing and other international tax issues.  

Nick is a U.S. Certified Public Accountant and a Commonwealth Scholar. He holds a Master of Law (European & International Tax) from the Katholieke Universiteit Leuven and a Master of U.S. Taxation from the University of Denver College of Law. He also holds a B.B.A. in Accounting (summa cum laude) from the University of Massachusetts. He is currently a Ph.D candidate focusing on the tax aspects of mergers and acquisitions. 

He has published articles in several major international tax journals such as the Tax Planning International Review and the Tax Notes International on Chinese M&A matters. Nick is also a frequent speaker in conferences and seminars on Chinese taxation topics.  

The Agenda:

15:00-15:30 Registration
15:30-16:30 Presentation
16:30-17:00 Q&A
17:00-18:00 Networking with drinks and canapés 


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