China has remained a complex market when it comes to issues regarding outbound payments and foreign exchange controls. For WFOEs operating in China, it is imperative to understand the strictly regulated system that governs profit repatriation and how best to tackle repatriation issues. With the People’s Bank of China recently issuing new outbound payment regulations to reassure foreign invested companies, there is no better time to delve into the complexities of this topic and how it impacts Australian businesses.
On March 22, Dezan Shira & Associates' Head of international tax and transfer pricing practice, Paul Dwyer, will talk on outbound payments and profit repatriation in China in the seminar hosted by Austcham Shanghai. This event aims to provide a platform for understanding the common issues regarding outbound payments and help foreign invested companies better develop profit repatriation strategies.
9:00AM-10:00AM Presentation and Q&A