The Finance & Taxation Working Group is pleased to invite you to the meeting “OECD Inclusive Framework on BEPS: Pillar One and Pillar Two Breakdown”, which is taking place on Tuesday, December 8th, 10:30-12:00 (China time), both online (via Zoom) and on-site at the European Chamber’s Shanghai and Beijing offices.

• 2020-12-08 - 2020-12-08 | 10:30 - 12:00
• Zoom, European Chamber Beijing and Shanghai Offices

The European Chamber’s Financial Services Working Groups are delighted to invite you to the Joint Working Group Meeting “CF40/CASS Report Presentation on Foreign Perspectives of China’s Financial Opening Up” which is to take place on Tuesday 24th November 2020, 16:00-17:30 pm.

Register online or email Pablo Galvez at pgalvez@europeanchamber.com.cn (Shanghai) before Friday 20th November, COB. You will receive a confirmation email containing the link to join the meeting via Zoom after registration closes the day before. You may also attend in person at Shanghai office. Please send an email to pgalvez@europeanchamber.com.cn if your preference is in person attendance.
During August, the European Chamber, along with the US-China Business Council and the Japan External Trade Organization (JETRO), participated in an anonymous survey based on an annual research project financed by the influential Chinese think tank CF40 (China Finance 40 Forum) and conducted by CASS (the Chinese Academy of Social Sciences). This year the project was focused on shedding light on the difference in perceptions between China’s regulators and foreign financial institutions when it comes to the opening up, underlining that there is a big gap. On one hand, China’s officials think they make great efforts to push forward the financial opening. On the other hand, foreign financial institutions feel limited improvement and wish the opening could bring more impactful changes.

On this basis, CASS has now published the report at the second Shanghai Bund Summit and are delighted to share the results with members of the European Chamber’s Financial Services Working Groups. At this meeting, Mr. Qiyuan Xu, Senior fellow, Head of Economic Development Department and Deputy Director of RCIF (Research Center of International Finance) at CASS will present the report.

• 2020-11-24 | 16:00 - 17:30
• Either offline attendance in the Chamber's office or online through Zoom

The Finance & Taxation and Petrochemicals, Chemicals & Refining Working Groups are pleased to invite you to the meeting “Consumption Tax in China: Where Things Stand”, which is taking place on Wednesday, November 18th, 10:30-12:00 (China time), both online (via Zoom) and on-site at the European Chamber’s Shanghai office.

• 2020-11-18 - 2020-11-18 | 10:30 - 12:00
• European Chamber Shanghai Office, Zoom

The Finance & Taxation and Research & Development Working Groups are pleased to invite you to the meeting “R&D Tax Benefits: Challenges and Opportunities for Business”, which is taking place on Thursday, October 15th, 15:30-17:00 (China time), both online (via Zoom) and on-site at the European Chamber’s Shanghai and Beijing offices.

• 2020-10-15 | 15:30 - 17:00
• European Chamber Office Beijing

Innovation and R&D constitute the prime drivers of long-term competitiveness and sustainable development for companies across geographies; at this meeting, Jason Yu, Tax Director, and Blaze Wang, Tax Manager of KPMG China (bios attached) will start from addressing some of the common hurdles companies face in filing R&D incentive applications and then proceed to unravel the steps that enable China-based entities to fully enjoy R&D deductions.

• 2020-10-15 - 2020-10-15 | 15:30 - 17:00
• European Chamber Shanghai Office, European Chamber Beijing Office, Zoom

The Investment Working Group is pleased to invite you to the meeting “Riding the Wave: Navigating Investment Opportunities in Industry 4.0 Transformation in China”, which is taking place on July 28th, 16:00-17:00 (China time), both online (via Zoom) and on-site at the European Chamber’s Shanghai and Beijing offices.

• 2020-07-28 - 2020-07-28 | 16:00 - 17:00
• European Chamber Shanghai Office, European Chamber Beijing Office, Zoom

At this working group meeting, Ricky Xue, Partner at PwC China, China Tax and Business Advisory, will share an overview of the primary tactics for cash repatriation and workable, China-focused solutions from foreign exchange, tax, and commercial perspectives.

• 2020-06-05 - 2020-06-05 | 10:30 - 11:30
• European Chamber Shanghai Office, European Chamber Beijing Office, Zoom

At this meeting, Russell Brown OBE, Managing Partner of LehmanBrown International Accountants, will discuss how companies, regardless of size, can manage their finances to outlive the pandemic and avoid short-term cuts or ill-informed strategies.

• 2020-04-14 | 16:00 - 17:00
• Zoom

In 2019, a significant overhaul of the individual income tax (“IIT”) system has been introduced with a number of changes like IIT calculation method, redefinition of tax resident and non-resident, introduction of additional itemized deductions, transition period for certain preferential policy, etc. for individuals of Chinese or foreign nationality.

2019年个人所得税制度进行了重大改革，无论中国籍或是外籍员工，有一些具体的变化包括：个税计算方法、税收居民/非居民的重新定义、专项附加扣除的引入、一些特定优惠政策的过渡期适用等。

• 2020-03-24 | 15:00 - 16:15
• Zoom Online Meeting Platform

At this meeting, Gertie Chen, Partner, and Ricky Jiang, Senior Manager, both from PwC Global Mobility Services, will provide the latest updates on China IIT in relation to the Coronavirus outbreak.

• 2020-03-10 - 2020-03-10 | 15:30 - 17:30
• Zoom