Receiving payment for exported goods and services provided is naturally one of the main concerns of any exporter and the Centre receives questions concerning payment options, conditions, procedures and their specifics in China on a regular basis. In order to choose the right payment mode, it is important not only to understand the complexity of foreign exchange control in China and the specifics of the Chinese banking system, but also what role the Chinese importer plays in the payment process, and what fees and taxes might be applicable. If you export your products or provide services to China and are wondering how long you will have to wait for your payment, whether you need to pay any taxes or who is your tax withholding agent, join this webinar and learn more on:
- Foreign exchange control procedures related to overseas payments
- Payment options for exported goods and provided services
- Procedures necessary to effectuate the payment
- Practical case studies
Attendance is free for EU SMEs and intermediaries such as chambers of commerce, embassies and trade promotion agencies.
Grace Yin is currently working as Senior Manager in the tax and business advisory services division of Ernst & Young (China) in Beijing, specialising in pre-investment consultation, feasibility studies, tax planning, foreign exchange consultation, restructuring and exit strategy. Before joining Ernst & Young, she worked at the Beijing offices of PwC as well as the PRC State Administration of Foreign Exchange (SAFE) and the Shanghai Pudong Development Bank. She has more than eight years of experience in tax and business advisory services, including issues of cross-border payments and remittance of foreign exchange. Grace holds a degree from both the North China University of Technology in Beijing and the University of New South Wales in Sydney.
You can find the recorded video on Youtube: