We will have the pleasure to welcome Mr. Alexander Prautzsch, Vice-Chairman of the Finance & Taxation working Group of the European Chamber and Tax Director at PWC to present an overview of the various tax subsidies and incentives that are potentially available for your R&D operations, as well as Ms. Erica Wang who will share Solvay’s best practices and experience on how to apply for these.
Tentative Agenda
15:00 – 15:10: Welcome remarks, Chair
15:10 – 15:30: Overview of the subsidies and incentives available for R&D operations in China, Alexander Prautzsch
15:30 – 15:45: Case study - Solvay, Erica Wang
15:45 – 16:00: Q&A
16:00 – 16:15: Presentation of the new format of the Position Paper
16:15 – 16:45: Discussion Key Recommendations of the R&D Position Paper
16:45 – 17:00: Chairs election
Chairs Election:
The R&D Chair and Vice-Chairs play a crucial role in driving the Working Group, which includes a leadership role in the drafting of the Position Paper, communicating key messages to Chinese and European government authorities and steering Working Group meetings. The desired characteristics of a Chair and Vice-Chair are a senior industry representative with relevant industry expertise and government contacts who has the time and willingness to support the Working Group. The R&D Working Group plans to have one Chair and two Vice-Chairs in Shanghai or Beijing.
Please note the following Chair and Vice-Chair eligibility requirements:
- Chairs and Vice-Chairs must be physically based in China
- Chairs and Vice-Chairs are recommended to run in the chapter, where he/she is based
- maximum length of Chair/Vice-Chairmanship is 3 consecutive terms (1 term = 1 year)
Should you be interested in putting your name forward for election, please, firstly, read the attached Working Group Chairs’ Code of Conduct and Roles and Responsibilities documents. To apply, please send your CV and a short motivation letter in 1 document, stating whether you intend to run for Chair or Vice-Chair, to Mr. Robert Jan Slavenburg at rjslavenburg@europeanchamber.com.cn by Wednesday, 1st April 16:00 COB.
In accordance with European Chamber guidelines, another email will be sent to the Working Group prior to the election, with the biographies and motivation letters of all candidates attached. Voting for the election, one vote per company, must be conducted in person at the Working Group meeting. All elected Chairpersons must sign the attached documents, following election.
R&D Position Paper:
We will also begin discussions on the second edition of the R&D Position Paper. The Position Paper is the European Chamber’s key lobbying document and is widely recognised by the Chinese and European governments, EU institutions, business associations and the media as the authoritative voice of EU business in China. It is used extensively for policy considerations, bilateral discussions, cooperation projects and background information. The value and importance of a well-written and well-represented first R&D Position Paper cannot be overstated. Last year’s R&D Position Paper is attached for your reference. Working Group members are requested to come to the Working Group meeting with concerns and recommendations or send them via email beforehand.
We strongly encourage as many Working Group members as possible to attend this meeting of the new R&D Working Group and have their say in the leadership and the key messages of the Working Group in the year ahead.
As always, we welcome Working Group members’ suggestions for possible agenda topics and speakers for this and future Working Group meetings.
If you would like to participate in this Working Group meeting, please register with Mr. Robert Slavenburg at rjslavenburg@europeanchamber.com.cn by Monday 13th April COB.