Event Details
Cash repatriation remains high on the agenda of many foreign-invested companies. While the hopes of many on a relaxation of capital flows in and out of China had been dashed in the past, the future developments have to be seen against the background of China's general macro-economic environment ranging from Chinas development into an economy based on internal consumption, the rise of the RMB as a global reserve currency as well as the most recent economic developments and monetary policies.
Philipp Wilhelm of EY is our first speaker and he will provide an analysis of the general macroeconomic factors surrounding capital flows. In the second part, his colleague Wenjia Zhu will continue to discuss the toolbox currently available to foreign companies to repatriate cash through various channels e.g. dividends, royalties, service fees and loans. Wenjia will also address the most frequent questions encountered by managers and treasurers and will show opportunities and risks as well as the most frequent tax considerations.
Our third speaker will be Howard Whiteson of the deVere Group. Howard will be looking at a less well-known and easy way for expats to repatriate wealth as individuals, moving out of RMB into a foreign currency of their choice. He will also share some advice on optimizing cash with funds expats might hold overseas.
Notes:
The hotel will check attendee's temperature.
A Green Code (随申码) is required.
Participants can send their questions in advance using the registration form.
In case of cancellation, please kindly note you must email the BritCham Shanghai Event staff Hilary.Wu@britishchambershanghai.cn before 6:30 pm, 8 Jun. Due to the service charges of Event Bank and online payment platforms, we can only partially refund up to 90% of your ticket price and payment will be processed within 14 days after the event via your original payment method. However, it is non-refundable for cancellation request made beyond the above mentioned timeframe.
