Compliance with tax, accounting and general business-governance requirements is an important issue for Foreign Invested Enterprises operating in the China market. With new laws regularly being promulgated, it is vital that companies are aware and prepared.
Mr. Russell Brown, Managing Partner of LehmanBrown International Accountants will be on-hand to provide in-depth insight into a range of compliance issues frequently faced by FIEs in Guangzhou and Shenzhen.
The two seminars will cover:
Obligations for the entities to comply with China laws and regulations, especially from tax and accounting perspectives;
Obligations for expatriates to comply with China laws and regulations;
Consequences of failing to fulfill the obligations;
Updates of recent regulations on VAT, cross-border transactions and implications for overseas investors.
Essential Compliance Dates to RememberMarch 31st: All individuals earning more than RMB120000 a year are obliged to complete self-declaration of Individual Income Tax;
May 31st: All entities to complete annual corporate income tax reconciliation and filing of related party transactions;
June 30th: All entities to complete annual examination of certificates.
Agenda:
Afternoon seminar
16:30 – 16:55 – Registration
16:55 – 17:00 – Welcoming Note by the European Chamber
17:00 – 18:00 – Presentation by Mr. Russell Brown, Managing Partner of LehmanBrown
18:00 – 18:30 – Q&A
18:30 – 19:00 – Business network
Speaker
Mr. Russell Brown is Managing Partner of LehmanBrown International Accountants, a leading China focused accounting, taxation and business advisory firm with operations in Beijing, Shanghai, Shenzhen, Tianjin, Guangzhou, Hong Kong, Macau (associate), Mongolia (associate) and London (sales) and affiliates in a number of other Chinese regions and cities and partner firms in over 100 countries worldwide. Mr. Brown is British and has over 24 years working experience, 19 of these working across and with a number of countries in Asia, 16 years of which involved establishing and developing businesses in Greater China.
Prior to joining LehmanBrown he was Global CFO of the world’s largest public relations and communications consulting company, with 75 offices in 21 countries. He was also Regional Finance Director for their Asia Pacific operations and involved in establishing their operations in China. Prior to this he worked in various accounting roles, as credit control for a leading commodity brokers in London and also in manufacturing as a management accountant.
He currently acts as advisor for many international and multinational companies operating in China, across many different industries, and as an advisor to Chinese companies venturing abroad, in particular in preparation for sale, financing or listing. He is also a frequent speaker at conferences and seminars on taxation, accounting, risk and doing business in and with China.
He gained an honours degree in Business Studies from Bournemouth University, is a Fellow of the Chartered Institute of Management Accountants (CIMA) in the United Kingdom and is an Associate of Institute of Chartered Accountants of England and Wales. He is also treasurer of the Britain China Chamber of Commerce.
How to register?
Please confirm your participation by email to Ms. Saskia Pfeifer at prd@euccc.com.cn by April 6th 2010.