Tax Partner Hannah Feng Discusses Profit Repatriation Strategies from China for German Companies

On January 21st, Hannah Feng, Partner and Head of Tax Services at Dezan Shira & Associates , delivered an insightful webinar titled “I Want My Money Back – Repatriation of Corporate Profits from China” with Chinaforum Bayern. The session, attended by over 30 participants, shed light on the complexities of China’s foreign exchange control system and its implications for foreign companies.

Hannah provided an in-depth analysis of the methods available for repatriating profits, including dividends, service fees, and license fees, while also emphasizing the critical role of the double taxation agreement between Germany and China. Her practical advice, tailored for German companies navigating these challenges, resonated strongly with attendees.

The event highlighted growing concerns among German SMEs seeking diversification and the repatriation of profits amid rising investments in China. Hannah’s expert guidance offered participants clear solutions to navigate regulatory hurdles, ensuring compliance with Chinese tax and transfer pricing laws.

About ChinaForum Bayern

The ChinaForum Bayern is the independent organization for networking businesses and individuals from Bavaria, China, and beyond. They provide expert information on current topics related to German-Chinese cooperation and create opportunities for trusted communication and personal exchange.