In this issue of China Briefing, we take a closer look at the benefits of both Hong Kong and Singapore holding companies, how to establish and maintain a company in each of these jurisdictions, and the relevant double tax agreements.
ChinaGlare (chī-nə glair): When an Asian regional business, financial opportunity or development of similar magnitude to the economic situation of China at point of WTO entry occurs, but is overlooked due to the over-focusing of an individual or business exclusively upon developments within China as an investment market.
Apr. 3 – Dezan Shira & Associates has reshuffled their senior management team, moving three key personnel from China to other locations throughout Asia. Olaf Griese, previously regional partner in Shanghai, has relocated to Delhi, India as partner of the firm’s India practice. Griese has been with the practice since 2006 and is a graduate […]
Op-Ed Commentary: Chris Devonshire-Ellis Dec. 13 – Yesterday I looked at budgetary issues for businesses in China and dealt with some of the general perceptions of what could happen over the year, from the impact of the new generation of leaders coming in, to social welfare for foreigners being introduced. The article can be found […]
It seems likely that this coming Christmas will see the end of many China expatriates’ careers in China. Nervous of the recently introduced, and fairly high, mandatory social welfare contributions for foreigners, employers are cutting back on non-essential foreigners, and localizing these positions. However, if returning home isn’t either a viable or interesting option, the good news is that there are plenty of other opportunities elsewhere in Asia.
Oct. 17 – Dezan Shira & Associates, the specialist foreign direct investment advisory firm, has continued their Asian expansion and opened a new office in Singapore. The firm, which began life in China in 1992, provides legal establishment, tax advisory, accounting, due diligence and payroll services to MNCs in China, India and Vietnam. “We are […]