Swiss China Business Academy (2023-2024): Profit Repatriation
Webinar | Thursday, July 25, 2024 | 10:30-11:30 CET / 16:30-17:30 China
Many foreign companies operating in China feel that profit repatriation from China is a challenging task due to a strict policy from the State Administration of Foreign Exchange who tightly regulates cross-border funds flowing. However, there are reasonable solutions. How to develop a profit repatriation strategy earlier? This session is important for decision makers and executives engaging in business development i.e. CEO, founder, regional director and other professionals who show interest in the fund transfer from China.
In an upcoming webinar Hannah Feng, Partner, International Tax, Corporate Accounting Services, and Bruno Hernandez, Senior Associate, International Business Advisory at Dezan Shira & Associations, will offer insights into China's foreign exchange control system and its implications for foreign investors. The discussion will encompass the regulatory landscape governing profit repatriation for foreign-funded enterprises. This webinar is co-hosted with the Swiss China Business Academy (SCBA).
Key takeaways:
- China’s foreign exchange control system
- The impact of foreign exchange control on foreign investors, i.e. following cash in China
- Taxation and double-taxation agreements
- Profit repatriation methods for foreign-funded entities: dividends, service fees, and royalties
- Regulations, instructions, and limitations
Agenda
- 10.30-10.40 am CET(4.30-4.40 pm Beijing)
Welcome, introduction and moderation speech by Connie Way, Moderator& Executive Director China, Biz Switzerland - 10.40-11.20 am CET( 4.40-5.20pm Beijing)
Presentation by Hannah Feng, Partner, International Tax, Corporate Accounting Services, and Bruno Hernandez, Senior Associate, International Business Advisory at Dezan Shira & Associations - 11.20-11.30 am CET( 5.20-5.30pm Beijing)
Free discussion
About SCBA
Granted by Leading House Asia, ETH Zurich, as an Innovation Partnership Award, the Swiss China Business Academy (SCBA) is an applied science-oriented program providing a methodology not only for Swiss SMEs to obtain essential knowledge for entry into China but also a solid preliminary base for future localized marketing techniques. Serving as an efficient instrument and a fast lane to enter the Chinese market, it offers a guided journey through which Swiss SMEs benefit from localized marketing techniques and receive coaching to build strategic business relations and ecosystems.
SCBA consists of ten series of themes, which will be held monthly online between September 2023 and August 2024. Throughout the 12-month journey, a small in-house group of participants will be coached and engage in dialogue with our experts and speakers regarding Chinese market entry, investment, and business development.
Any questions please contact Freda CHEN at freda.chen@dezshira.com.