Reanda International held a webinar entitled “Overseas fiscal and tax policies and risk response strategies” for Chinese enterprises operating in overseas

On 13 October 2020, Reanda International held a webinar entitled “Overseas fiscal and tax policies and risk response strategies” to share insights on the latest fiscal, tax and regulatory priorities in Malaysia, Cambodia, Nepal, UK, Italy, UAE and Mozambique with Chinese enterprises operating in overseas, in the context of the COVID-19 outbreak.

The webinar was well attended by over 130 guests and participants from Chinese enterprises operating in overseas, business associations, professional services sector in China as well as network firms of Reanda International.

Honorable guests and speakers included but not limited to Mr. Jin Xu, chairman of China Association of International Trade, dean of School of International Development and Cooperation of University of International Business and Economics in China and former minister counsellor for Economic and Commercial Affairs of the Chinese Embassy in the UK; Mr. Wang Yaping, president of Accounting Society for Foreign Economic Relations & Trade of China and former China Economic and Commercial counsellor in Cyprus; Mr. Jiang Xin, former president of Beijing Certified Tax Agents Association; Mr. Wang Liyan, professor of accounting and doctoral program of Guanghua School of management of Peking University; Mr. Li Bingshu, secretary general of China International Cooperation Association; Mr. Wang Xiaoyong, executive vice president and secretary general of China-Africa Business Council; Mr. Zhang Xi, deputy secretary general of China-Asia Economic Development Association; Mr. Song Ning, chairman of China Tax Consulting Group; Mr. Wang Weiming, chairman of Yongda China; Mr. Xia Junmin, chairman of Xinjiang Fangxia CPAs; Mr. Liang Hongxing, vice chairman of Reanda International “Belt and Road” Finance, Tax and Law Supporting Centre as well as partners from network firms of Reanda International.

The webinar commenced with an opening speech delivered by Chairman Mr. Huang Jinhui introducing the latest development of Reanda International “Belt and Road” Finance, Tax and Law Supporting Centre, the rising needs for high-quality professional services from the Chinese enterprises operating in overseas as well as Reanda International’s ongoing efforts in capturing the business wave arising from the Belt and Road Initiative under the new normal in the post-COVID-19 period. It was followed by keynote speeches given by honourable guests Mr. Jin Xu, Mr. Wang Yaping and Mr. Wang Liyan on the current global and national investment environment under Covid-19, the impact of Covid-19 to businesses as well as risk mitigation strategies for Chinese enterprises going global.

The webinar was further brimmed with presentations from Reanda network firms; Mr. L.L. Koong, managing partner of Reanda Malaysia; Mr. Larry Ng, partner of Reanda Cambodia; Mr. Bishnu Bhandari, partner of Reanda Nepal; Mr. Robert Bean, managing Partner of Reanda UK; Ms. Susan Sopianac, fiscal Specialist of Reanda Italy; Mr. Avinash Jagetiya, partner of Reanda UAE and Mr. José Farinha, partner of Mozambique correspondent firm shared the latest updates of fiscal and tax policies as well as risks mitigation strategies of their respective jurisdictions.

During the Q&A session, our experienced panel of guests shared their valuable experiences of participating in the “Belt and Road” projects of their respective organisations and associations. The webinar then concluded with closing remarks given by Mr. Jin Xu.

The webinar, as supported by China-Africa Business Council, China International Contractors Association, China Agriculture Association for International Exchange, China International Chamber of Commerce for the Private Sector and Asia Society in China, was the first webinar held by Reanda International in the series this year to share the latest fiscal, tax and regulatory priorities in Asia, Europe, the Middle East and Africa. More webinars will be planned in the course of coming months to share insights of other jurisdictions in Asia, Europe, the Middle East and Africa.

On 13 October 2020, Reanda International held a webinar which focused on the overseas fiscal, tax policies and risk response strategies for Chinese enterprises operating in overseas

Opening speech given by Mr. Huang Jinhui, chairman of Reanda International

Mr. Jin Xu, chairman of China Association of International Trade and former minister counsellor for Economic and Commercial Affairs of the Chinese Embassy in UK shared his insights on how Covid-19 affects the global economy and the Chinese enterprises going global

Keynote speech delivered by Mr. Wang Yaping, president of Accounting Society for Foreign Economic Relations & Trade of China and former China Economic and Commercial counsellor in Cyprus on the latest business and investment environment in China

Mr. Wang Liyan, professor of accounting and doctoral program of Guanghua School of management of Peking University shared his insights on the challenges encountered by the Chinese enterprises going global and the responding risk mitigation strategies

Mr. L. L. Koong, managing partner of Reanda Malaysia shared the fiscal, tax policies and risk response strategies in Malaysia

Sharing by Mr. Larry Ng, partner of Reanda Cambodia on the business environment, fiscal, tax policies and risk response strategies in Cambodia

Mr. Bishnu Bhandari, partner of Reanda Nepal made a presentation on the business environment, fiscal and tax policies in Nepal as well as risk response strategies for international investors

Sharing by Mr. Robert Bean, managing partner of Reanda UK on the challenges and business opportunities in UK under Brexit and Covid-19

Ms. Susan Sopianac, fiscal specialist of Reanda Italy made a presentation on the latest fiscal and tax policies in Italy

Mr. Avinash Jagetiya, partner of Reanda UAE shared the taxation and compliances as well as risk mitigation strategies in UAE

Sharing by Mr. José Farinha, partner of Mozambique correspondent firm on the business environment and tax framework of Mozambique

Remarks given by honorable guests on their experiences when participating in “Belt and Road” projects

Closing remarks given by Mr. Jiang Xin, former president of Beijing Certified Tax Agents Association