HR Summit 2019 – German Chamber

CW had the honor to sponsor HR Summit 2019 organized by German Chamber of Commerce in Shenzhen on 20 September 2019. Our colleague, Victor Herrera, Senior Advisor of Latin Department, conducted a workshop  on PRC regulatory compliance updates and what foreign businesses should know, especially Individual Income Tax.  The overall response was good. CW’s business partners, Betty Zhang of Valueplus Consulting and Valentino Lucini of Wang Jing & Co., took part in a panel discussion in the Summit as panelist and moderator respectively, discussing the modern role of HR in the changing era.

Written by Therese Feng, German Desk, CW CPA

Independence Day of Brazil (Celebration in Guangzhou and Hong Kong)

For Brazilians, September stands as a special month in which the Brazilians show the world the love they have for their nation. 

A grand celebration took place in Guangzhou on 6 September 2019, hosted by Mr. Pedro Murilo Ortega Terra, Consul General of Brazil in Guangzhou. A series of festivities later continued on 12 September 2019 in Hong Kong, hosted by Amb. Piragibe dos Santos Tarragô.

Written by Kemelly Morais Vera, Brazil Desk, CW CPA

Mexican Independence Day

In September 2019, the Mexican National Day was celebrated with great joy and excitement.

On 13 September 2019, several of our colleagues in the Latin department attended the celebration held by the Consulate General of Mexico in Hong Kong for the Mexican Independence Day. We would like to thank the Consulate General of Mexico in Hong Kong for the invitation to this event.

CW was fortunate to have sponsored the celebration for the Mexican National Day. Our colleagues, Luz Martinez, Manager of the Latino Department, and Victor Herrera, Senior Advisor, attended the celebration of Mexican Independence Day organized by the Emb. Carlos Giralt Cabrales of the Consulate General of Mexico in Guangzhou.

Congratulations to Mexico.

Written by Marant Caballero, Latin Department, CW CPA

The National Day Celebration Dinner of People’s Republic of China (PRC)

Partners of our firm, Mr. Thomas Wong and Rosanna Choi, our guests and some of our management team members, joined the dinner organized by the HKICPA and SCAA CPA on celebrating the 70th anniversary of the founding of the People’s Republic of China on 12 September 2019 at the Hong Kong Convention and Exhibition Centre. Over 750 guests, including business leaders from all sectors, and representatives from the governments of the Hong Kong SAR and the PRC joined the celebration dinner.  Mr. Paul Chan Mo-po, GBM, GBS, MH, JP, Financial Secretary was one of the Officiating Guests. 

Written by Mandy Lau, Administration Department, CW CPA

Seminar on PRC Legal Updates and Taxes in Shanghai

On 17 September, CW held a seminar together with our business partner, A&Z Law Firm, in Shanghai. We are grateful to have WeWork’s support in our event.

Mireia Paulo, Director of the European-American Market of A&Z Law Firm as the Master of Ceremonies gave the welcoming remarks introducing the event, the speakers’ background and topics, and thanking the partners involved in the organization of the event.  

From CW, our colleague, Marant Caballero, Senior Advisor of Latin Department, gave a presentation of recent changes of the Tax Regulations in China, making emphasis on the use of Big Data and technology by the government authorities to collect information and improve the current tax declaration process. The important changes on Individual Income Tax and social insurance that occurred this year were also explained.

On side of A&Z Law Firm, Andrew Zhang, Senior Partner, presented the coming changes on the compliance of the Cybersecurity Law in China, including the implications of transfer of data from China to overseas. Additionally, other topics addressed in the presentation were the Cross-Border E-Commerce and the Foreign Investment Law.

After the presentations, a Q&A session was held with very positive response from the audience. With such a diverse audience with over 50 guests from different backgrounds and countries, the session was dynamic and rewarding. Afterwards, the participants were able to engage in a networking session and further questions were asked to obtain more details.

Special thanks to our partners, A&Z Law Firm, for their support on the organization of this successful event.

Written by Marant Caballero, Latin Department, CW CPA

Chile Week in Shanghai – September 2019

On 2 September, a series of events and business matchings were organized in Shanghai by the different Chilean government offices and government affiliated bodies, including ProChile, the trade and investment promotion institution of the Ministry of Foreign Affairs of Chile. The events engaged delegates from a diverse range of background, including those from over 40 different Chilean companies and many more others from different parts of the region and the world. The events showcased the main Chilean export products to China, such as salmon, wine, plum, avocado, fine wood, Minerals, etc. Our colleague, Marant Caballero, Senior Advisor from our Latin Department, attended the event in representing CW CPA. The events were ended with a grand Gala Diner for guests to network and mingle.

Written by Marant Caballero, Latin Department, CW CPA

The Asia Fruit Logistica this year will be held from 4 to 6 September in Hong Kong. This is the only dedicated fresh fruit and vegetable trade show in Asia and a platform to enter the Asian market. This year, the official partner country is Peru. The fair attracts over 800 companies from more than 40 countries to exhibit at the fair. Half of the exhibitors come from the Asia Pacific Region, while the rest will come from Europe, North and South America, the Middle East and Africa. Although China remains the most important origin of exhibitors at the fair, other countries in Asia are increasing their presence. Last year, Korea, Philippines, and Indonesia were important participants in the Asian market. Products on show include fresh fruit and vegetables, fresh-cut and convenience items, exotic products, organic produce, potatoes, dried fruit and nuts, herbs and spices, plant material and seeds. Service companies are present as well from the industries like packaging, grading, and sorting, transport, logistics, produce handling, storage and recycling, quality control, shop-fitting, computer and internet solutions, marketing and market research, consultancy, press and media, technical services, cultivation system development. Such industries are essential to maintain or improve the supply chain from the producers to the final costumers.

The Asia Fruit Logistica represents an excellent opportunity for exporters from all over the world to explore new business opportunities in Asia, especially being the gateway to the Chinese fruit market. CW’s ample experience in the trade and investment promotion allows our multilingual team to better represent your company if you expand your business to Asia. Please feel free to contact us for more information at las@cwhkcpa.com .

Written by Marant Caballero, Latin Department, CW CPA

Written by Gabriela A. Lenis, Latin Department, CW CPA On 3 August 2019, our Argentine business advisor, Gabriela A Lenis, was invited by the ICBC Foundation to speak to the students graduates, international relations specialists, political scientists, and economists of the National University of Cordoba about the Greater Bay Area and its opportunities. She also explained…

CW was invited to the 2019 Investment Promotion Conference of the Design Capital of Guangzhou on 26 July 2019.

The Design Capital will be located in the northern corner of Baiyun New Town (downtown area) for design-related companies, R&D centers, and industrial design offices. With Mountain Baiyun to its east and Baiyun Lake to its west, it lies in the leading position of Guangzhou-Shenzhen Technological Innovation Aisle and the innovation nodal point in Guangzhou Airport Economy Model Zone.

Four major design sectors, three service platforms with twenty-one programs will be laid out in an attempt to build all-in-one industrial and residential facilities covering such functions as office, business, exhibition, accommodation, and leisure. As a key municipal program, the Design Capital is positioned to be molded into an international brand cradle for aggregation of design industries in Guangzhou-Hong Kong-Macao Great Bay Area, the first trade center for the Belt and Road Initiative design services in South China and the first B2B sharing platform for the design industry in Guangzhou.

Written by Gabriela A. Lenis, Latin Department, CW CPA

To celebrate the grand opening of our Guangzhou office, in the late afternoon of 16 August 2019, CW team held a welcoming seminar focusing on the regulatory compliance updates that foreign businesses should know in mainland China. Our new office is located at the state-of-the-art landmark in Guangzhou – International Finance Centre. Over 50 guests shared the joyful moment together.

Delivering the welcoming remarks, our partner, Mr. Thomas Wong, took the opportunity to announce the launch of a new service platform for the Human Resources Process Outsourcing (HRPO) in the Greater Bay Area in January 2020. Ms. Delilah Li, Senior Manager of Greater China of our firm, outlined some typical risks overseas entrepreneurs should watch out in China. Following Delilah’s presentation, Attorney Richard Zhang, and Mr. Lidong Pan, Managing Director of Reiz Law Firm, discussed respectively the business law and IP protection issues frequently encountered by foreign companies in China. Lastly, Mr. Michael Chen, Managing Director of WJC Consultants gave heads up on the latest tax policies.

We would encourage all attendees and those who missed the seminar to get in touch with us so that we can continue our dialogue with the legal and tax experts amidst the fast-changing regulatory framework.

Thanks again to our business partners, Z&T Law Firm, Reiz Law Firm and WJC Consultants for their continuing support.

Written by Toby Wong, China Consultancy Team, CW CPA

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