Crash Course on Doing Business in Shenzhen - Opportunities and Market Entry Strategies

Presenter(s):

• 

  Marco Förster

  Director, ASEAN
  

• 

  Donfil Huang

  Manager, Business Advisory Services
  

• 

  Amber Liu

  Senior Manager, Corporate Accounting Services
  

This year Shenzhen marked 40 years since being designated as China’s first Special Economic Zone. The historic decision has transformed the city into a model economy not only for other parts of the country but for regions around the world. Often referred to it as China’s Silicon Valley, and Shenzhen continues to be the foundation for technological innovation. It is home to global industry leaders such as Huawei, Tencent, DJI as well as to a vast portfolio of other FDI.

In this webinar, attendees learned about the city's background, upcoming challenges, opportunities, and market entry considerations for foreign investors. The webinar was presented by several Dezan Shira experts and structured into three sections to provide insights in various aspects on the macro as well as micro-level:

Section 1: City Overview: Past, Present, and Future

presented by Marco Förster, Senior Associate, International Business Advisory

• Reform and opening up - 40 years in the making
• Current state, industries, and infrastructure
• The Greater Bay Area
• Challenges, risks, and opportunities

Section 2: Entering the Market by Setting Up Your Business in Shenzhen

presented by Donfil Huang, Manager, Business Advisory Services (Legal)

• Establishing your business: Different entity types
• Setting up in a Free Trade Zone / Special Economic Zone
• Market restrictions

Section 3: Managing Your Business from a Tax and Accounting Point of View

presented by Amber Liu, Senior Manager, Corporate Accounting and Tax Services

• Overview of Shenzhen’s accounting and tax regime
• Tax incentives for businesses
• Tax incentives for individuals