The European Union Chamber of Commerce in China is delighted to invite you to the informative breakfast seminar “Recent New Developments on Related Parties' Equity Transfer Transactions - A Tax and Legal Perspective” on Thursday, 14th March 2013 at The Westin Beijing Chaoyang.
After the specific handbook on "Equity Transfer and Valuation for Taxation Purposes" was released last summer, the China State Administration of Taxation (“SAT”) is now in the process of drafting new tax circulars on clarifying the administration of the contemporaneous documentation regarding the related party equity transfer transactions.
Anthea Wong, Partner at PricewaterhouseCoopers (PwC) will brief attendees on the SAT’s latest regulatory developments on the equity transfer transactions, and discuss about the potential impacts to the multinational companies who have conducted or are planning to conduct corporation restructuring.
Further in terms of related-party equity transactions, the Ministry of Commerce had issued the "Interim Provisions concerning the equity contribution of foreign-invested enterprises" which became effective later last year.
Susanne Rademacher, partner and head of office of BEITEN BURKHARDT International Law Firm, Beijing Office will introduce how under such regime FIEs (SMEs as well as MCs) in China can use such tool to capitalize new / restructure existing ventures in China by using existing equity in FIEs for new ventures/restructuring purposes.
Agenda
08:00 – 08:30 Registration & Breakfast
08:30 – 09:40 Presentations
- Equity transfer transactions in China: Recent trends and update on tax valuation by Anthea Wong, PricewaterhouseCoopers
- Recent New Developments on Equity Contribution by Foreign Investors and Foreign Invested Enterprises by Susanne Rademacher, Beiten Burkhardt's Beijing office
09:40 – 10:00 Q&A