Company News
Seminar on China’s New IIT Law in Shanghai
On May 8, 2019, Dezan Shira & Associates, in collaboration with Benelux Chamber of Commerce Chapter Shanghai, Swiss Chinese Chamber of Commerce in China, and Buren law firm, co-hosted a breakfast seminar at Okura Garden Hotel, Shanghai.
Key Concerns Relating to China’s New IIT Law
At the seminar, Paul Dwyer, Director of International Tax and Transfer Pricing at Dezan Shira & Associates, delivered a presentation titled “updates on the new IIT law & implications for seconded foreign employees” to delegates from various European companies.
Paul detailed a number of key concerns, such as the impact of the new IIT Law on foreign workers in China, implications of dispatching foreign employees to China, and whether foreign employees can create a permanent establishment for the HQ.
The IIT reform, in force since January 1, 2019, has made it vital for Foreign Invested Companies in China to understand when seconded foreign employees (sent to China by their HQ) become subject to China’s new IIT law.
Learn More About Dezan Shira’s Tax Service
Dezan Shira & Associates’ tax professionals have a deep understanding of Asia’s complex tax environments, as well as in-depth industry knowledge and experience.
Our experienced team of tax accountants, lawyers, and ex-tax officials can help on a wide spectrum of tax service areas across all major industries.
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