Seamless banking, accounting and tax across borders: how to get started in China

18 July 2018
10:00 (EDT)
Webinar  -  On demand

Companies entering or expanding in China often find local accounting, tax and reporting requirements complex and difficult to navigate. It is vital for companies operating in China and across multiple jurisdictions to understand how they can set up their internal finance function in full compliance with banking and regulatory requirements.

It is especially challenging for companies operating across multi-country environments to select the right banking relationships. Banks with strong presences locally and globally are best able to help enterprises manage global and local operations efficiently at the most competitive cost.

In this webinar, we will team up with experts from Santander to provide you with insights on:

  • factors must be considered before launching accounting and tax functions in China
  • differences between PRC GAAP and IAS/IFRS and USGAAP
  • setting up accounting and bookkeeping system in China
  • regular taxes for enterprises and their reporting frequency
  • cross-border funding and funds repatriation
  • major differences of daily operations in Chinese banking arena
  • reasons why those issue exist and how to potentially address those challenges.

Who should attend this webinar?

  • CFOs
  • Other finance and tax professionals
    • representing foreign firms currently operating in China
    • of foreign SMEs looking to enter the Chinese market
    • of European and Latin American firms entering China for the first time
  • Operational controllers and outsourcing managers

About the speakers

Jonathan Wang – Head of Client Relationship, Santander Asia
Jonathan Wang is the Head of Client Relationship at Santander Asia Bank of Shanghai Strategic Partnership. His responsibilities include supporting companies in their international strategy and specialized product development. Jonathan has a BSc Honour from University College London and also holds a PhD from the London School of Economics and Political Science.

Daria Kruk – Senior Commercial Manager, TMF Group
Having spent the last decade in China, Daria has vast experience in providing Foreign Direct Investment (FDI) services, including pre-investment assessment, corporate services, accounting and exit strategy, as well as international corporate compliance to accounting, HR and legal-related matters for well-known luxury and premium fashion brands.