Changes in IIT and social security regulation: implications for SMEs in China

Tags
  • Date
    15 November 2021 - 15 November 2021
  • Beijing Time
    4:30 PM - 7:00 PM
  • Venue
    Online (Zoom) & Shanghai
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Are you aware that the preferential Individual Income Tax (IIT) policy would be ceased by the end of 2021? What does that that this means for the company and the employee?

Certain preferential tax policies have applied throughout the years, making it more attractive for international talent to come and work with International – and European – companies.

The EU SME Centre and the Danish Chamber of Commerce in China (DCCC) are happy to invite you to join a workshop dedicated specifically to what the impact that this Individual Income Tax policy change will mean for companies looking to China, as well as those who are already here. What do you need to report back to your colleagues in Europe?

This hybrid workshop will take place both offline in Shanghai, and online on Zoom.

The expert will address practical topics such as the impact on such preferential IIT policy termination and how to be compliant and which implications it has on your tax payments.

You can find the recorded webinar on YouTube here:

Agenda:

Please note that the below times are in China Standard Time (CST) 16:30 – 17:00 Registration at venue (for offline participants)

17:00 – 17:10 Nicolai Lundsbjerg, DCCC – Welcome and introduction of EU SME Centre

17:00 – 17:10 Welcome and introduction of EU SME Centre – Nicolai Lundsbjerg, General Manager, Danish Chamber of Commerce in China

17:10 – 17:40 Presentation of IIT preferential policy impact on European SMEs in China – Daria Kruk, TMF Group

17:40 – 18:10 Presentation of IIT preferential policy impact on European SMEs in China – Grace Lin, Cuatrecasas

18:10 – 18:30 Q&A and Discussion

18:30 – 19:00 Networking (only offline)

About the speaker:

Daria Kruk Senior manager Global BD, TMF Group Ms. Kruk has been living and advising foreign companies in China for several years. Throughout the past year, she has been doing numerous presentations on this very topic for companies looking towards the Chinese market, as well as companies who are already here.

GRACE LIN Head of Tax at Cuatrecasas

Cuatrecasas is a leading law firm specializing in all areas of business law and present in 14 countries, with a strong focus on Spain, Portugal and Latin America. In China, our Shanghai office, inaugurated in 2007, and our Beijing office, inaugurated in 2017, have a diverse team who offer the highest quality advice, understand clients’ needs, businesses and growth opportunities, and manage their transactions in the region efficiently.

Ms. Lin is heading the tax practice of Cuatrecasas China offices. She has been providing tax advice for multinational company groups on both international and domestic transactions for over a decade.

She has extensive experience in providing advice on tax implications and planning for cross-border transactions, especially for tax treaty, merger & acquisition and transfer pricing and advice on domestic corporate taxation for clients’ daily operation and compliance, as well as taxation for expatriates working in China.

She also has ample experience in representing clients in front of tax authorities during inspections and participating in tax health check and M&A tax due diligence. She also provides advice on foreign exchange and customs issues for cross-border transactions.

Ms. Lin regularly lectures on different tax subjects and publishes her work in different publications. She is also recommended by Chambers and Partners and Legal 500’Asia-Pacific Guide for her work in tax law.

In China, our Shanghai office, inaugurated in 2007, and our Beijing office, inaugurated in 2017, have a diverse team who offer the highest quality advice, understand clients’ needs, businesses and growth opportunities, and manage their transactions in the region efficiently.

Ms. Lin is heading the tax practice of Cuatrecasas China offices. She has been providing tax advice for multinational company groups on both international and domestic transactions for over a decade.

She has extensive experience in providing advice on tax implications and planning for cross-border transactions, especially for tax treaty, merger & acquisition and transfer pricing and advice on domestic corporate taxation for clients’ daily operation and compliance, as well as taxation for expatriates working in China.

She also has ample experience in representing clients in front of tax authorities during inspections and participating in tax health check and M&A tax due diligence. She also provides advice on foreign exchange and customs issues for cross-border transactions.

Ms. Lin regularly lectures on different tax subjects and publishes her work in different publications. She is also recommended by Chambers and Partners and Legal 500’ Asia-Pacific Guide for her work in tax law.

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