Seminar details:
Date: 15 January 2016 (Friday)
Time: 7:00-9:00 pm (Part 1 & Part 2)
Venue: PWC, 21/F, Edinburgh Tower, The Landmark, 15 Queen's Road, Central, Hong Kong
CPD: 2 hours
Fee: HK$50 (Non-members are welcome but priority will be given to members)
Part 1 - Market Outlook :
China's economy is changing dramatically, moving away from its past focus on exports and investment toward more consumption-driven growth. China also plays an increasing role on the global economic stage, what will happen in 2016 and how are RMB internationalization and One Belt One Road Initiatives going to bring us investment opportunities? How are the US fed rate hike and monetary policy divergence and implications going to impact the financial market?
It is our honour to have Alvin Chua to answer the above questions and share his valuable insight. Alvin is the Managing Director at Bank of China International (BOCI), Global Head of Fixed Income Sales & Trading, Financial Products Division; and Head of Sales for Europe, Middle East, and Americas, Global Client Coverage Division. He will conduct in Mandarin or English. Please refer to the attached speakers' profile for details.
Part 2 - PRC Tax: Challenges to Hong Kong tax residents under the new tax treaty benefit claim procedures in China
Development of the One Belt One Road Initiative will definitely bring in a considerable array of opportunities to investors. Amongst those opportunities, investors may consider acquiring PRC entities engaged in project management, infrastructure or real estate services. A typical structure usually involves the use of a Hong Kong entity to hold the PRC entities, which could potentially enjoy the treaty benefits on dividend withholding tax rate under the China-Hong Kong Comprehensive Double Taxation Arrangement.
Public Notice [2015] No. 60 introduces a new set of procedures for claiming benefits under the tax treaties of China. The changes result in increased burden and responsibility as well as less certainty on a tax treaty claim for Hong Kong tax residents.
We have invited tax expertise, Gloria Chan, associate director of PricewaterhouseCoopers Limited and Sophia Chan, Tax
Senior Manager to share their practical experience on how to get prepared for the above challenges. Please refer to the attached speakers' profile for details.
Please e-register immediately and send in your cheques payable to “AWAHK” (with the names of participants marked at the back of the cheque) to our office at 8th Floor, Chinachem Tower, 34-37 Connaught Road Central, Hong Kong as soon as possible. Enrolment is made on a first come first served basis and confirmation will only be issued upon receipt of cheques. In case of over-subscription, priority will be given to members.