New Issue of China Briefing: International Related Party Transactions

Posted by Reading Time: 2 minutes

Nov. 1 – The new issue of China Briefing Magazine, titled International Related Party Transactions, is out now and will be temporarily available as a complimentary PDF download on the Asia Briefing Bookstore throughout the month of November.

In this issue of China Briefing, we turn once again to the issue of international transactions, specifically those between related parties.

In the first article, we focus purely on HQ-WFOE service agreements: how to plan for them, their tax obligations, the service fee remittance process and how a service permanent establishment (PEs) may be established by sending HQ staff to work in China for more than a brief period of time.

In the second article, we give a very brief, very basic overview of China’s transfer pricing obligations. What is the definition of related parties? What are basic transfer pricing obligations? What is the meaning of contemporaneous documentation requirements and advance pricing arrangements?

Finally, we take a look at the cross-border RMB settlement project, part of the push to internationalize the RMB – a main policy goal under the 12th Five Year Plan (2011-2015) and one of the hottest topics in international payments today.

In this issue:

  • Service Agreements for HQ and Subsidiaries
  • A Briefing Overview of China’s Transfer Pricing Obligations
  • Cross-border RMB Pilot Settlement Project
  • Q&A: How Do Royalty Remittances Work?

International Related Party Transactions is out now and immediately available as a complimentary PDF download on the Asia Briefing Bookstore.

Dezan Shira & Associates is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in emerging Asia. Since its establishment in 1992, the firm has grown into one of Asia’s most versatile full-service consultancies with operational offices across China, Hong Kong, India, Singapore and Vietnam as well as liaison offices in Italy and the United States.

For further details or to contact the firm, please email china@dezshira.com, visit www.dezshira.com, or download the company brochure.

You can stay up to date with the latest business and investment trends across China by subscribing to The China Advantage, our complimentary update service featuring news, commentary, guides, and multimedia resources.

Related Reading

An Introduction to Doing Business in China
Asia Briefing, in cooperation with its parent firm Dezan Shira & Associates, has just released this 40-page report introducing everything that a foreign investor should be familiar with when establishing and operating a business in China.

The Complete ‘Letters to China from America’ Series
A complete list of articles from our ongoing ‘Letters from America to Asia Series’ featuring opinions and observations on America’s trade relations with China and emerging Asia.