The European Chamber is pleased to invite you to the next Tax Seminar on China VAT Pilot: Experiences and updates.
Since 2012, several China VAT pilot reforms were launched with direct impact on various sectors, such as transportation, logistics, intellectual services and telecommunications. The seminar will highlight China VAT Pilot updates and next steps, covering the lifestyle, financial services, real estate and insurance sectors. The speakers will share their practical experience gained during the previous phases of the VAT pilot, in particular in relation with discussions with authorities, VAT compliances, systems and processes requirements, and concrete challenges faced by companies to comply.
The objective is to give a general overview of the current situation and best practices, with the joint perspective of our speakers from Ernst and Young and ThyssenKrupp, to help companies better prepare for the day-to-day management of the pilot VAT requirements.
Agenda
15:30 - 16:00 Registrations
16:00 - 16:10 Welcome remarks by European Chamber
16:10 - 17:10 Presentation by Mr. Kenneth Leung, Partner, Ernst and Young
17:10 - 17:25 Q&A session moderated by Ms. Lucy Chen, Tax Manager at ThyssenKrupp China Ltd.
17:25 - 17:30 Closing remarks
Speakers
Mr. Kenneth Leung, Partner at Ernst & Young Indirect Tax Practice in China.
Kenneth has been working closely with the Chinese government and has been one of the leading advisors to the VAT policy makers. Kenneth has been working with the National People’s Congress and Ministry of Finance on the VAT Reform and Legislation of China project. The objective of the project is to facilitate the VAT reform process and to upgrade the current VAT regulations to VAT Law. Kenneth has also advised the Shanghai and Beijing government on introduction of VAT pilot. Recently, Kenneth has been working with the VAT Policy makers on the formulation of VAT pilot rules for the Financial Services, Real Estate and Life Style Services sector.
Kenneth first started with Ernst & Young’s Indirect Tax practice in London in 2001, moving to another Big 4 Indirect Tax practices in UK before relocating to China in 2006. Kenneth is a qualified tax advisor and was educated in Hong Kong, Singapore and the UK, holding a Master degree in chemical engineering with Imperial College of Science and Technology in London. Kenneth gives lectures at the China University of Political Science and Law and the Beijing University on international VAT application and development.
Ms. Lucy Chen, Tax Manager ThyssenKrup China Ltd.
Lucy is a tax manager at ThyssenKrupp (China) Limited. She has over 8 years working experience as professional tax advisor in one of the Big 4 account firm tax practice. She is a Certified Public Accountant in the U.S.A where she had over two years experience as an international tax advisor. She was educated in the U.K and holds a Master degree in Management with Finance.
Event Terms & Conditions:
Please be kindly reminded that we do not issue an invoice (fapiao) for event price up to 250 RMB. For event price up to this amount you will receive an official receipt (shouju) only.
Speakers
Mr. Kenneth Leung, Partner at Ernst & Young Indirect Tax Practice in China.
Kenneth has been working closely with the Chinese government and has been one of the leading advisors to the VAT policy makers. Kenneth has been working with the National People’s Congress and Ministry of Finance on the VAT Reform and Legislation of China project. The objective of the project is to facilitate the VAT reform process and to upgrade the current VAT regulations to VAT Law. Kenneth has also advised the Shanghai and Beijing government on introduction of VAT pilot. Recently, Kenneth has been working with the VAT Policy makers on the formulation of VAT pilot rules for the Financial Services, Real Estate and Life Style Services sector.
Kenneth first started with Ernst & Young’s Indirect Tax practice in London in 2001, moving to another Big 4 Indirect Tax practices in UK before relocating to China in 2006. Kenneth is a qualified tax advisor and was educated in Hong Kong, Singapore and the UK, holding a Master degree in chemical engineering with Imperial College of Science and Technology in London. Kenneth gives lectures at the China University of Political Science and Law and the Beijing University on international VAT application and development.
Ms. Lucy Chen, Tax Manager ThyssenKrup China Ltd.
Lucy is a tax manager at ThyssenKrupp (China) Limited. She has over 8 years working experience as professional tax advisor in one of the Big 4 account firm tax practice. She is a Certified Public Accountant in the U.S.A where she had over two years experience as an international tax advisor. She was educated in the U.K and holds a Master degree in Management with Finance.
