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Growing importance of an environmental evaluation reports in Guangdong

by Rosario Di Maggio, Senior Associate, Dezan Shira & Associates

As a consequence of being the main pioneering area for the reforms and opening up policies of the People’s Republic of China and as well as the world’s factory hub for more than a decade, investments in Pearl River Delta are increasingly being more affected by pollution related problems. Environmental issues here, more than anywhere else in China, have drawn the close attention of the national and local governments. When setting up a factory in China, especially if you plan to locate it in the Pearl River Delta, we strongly suggest you to take into consideration the medium and long term environmental costs and related issues.

Local governments will consider environmental costs in three main areas. If your business involves pollution, even if only incidental, you will need to pay for a report by a qualified agent to obtain an environmental evaluation report. Consequently, based on the report you will need to install equipment expected to minimize the environmental impact of your production according to government requirements.

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This article included in China Briefing Magazine
Other articles in this issue:
Central China VAT reform
by Edward Ma, Manager, Corporate Accounting Services, Dezan Shira & Associates, Beijing
Shenyang European Union Economic / Technical Development Zone
by Lina Wang, Senior Associate, Business Advisory Services, Dezan Shira & Associates, Dalian
Hangzhou tax incentives for landlords on rental of real estate
by Nicole Yao, Associate, Corporate Accounting Services, Dezan Shira & Associates, Hangzhou
Developments along the Yangtze River
by Olaf Griese, Senior Business Development Associate, Dezan Shira & Associates, Shanghai
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