Professional Development Programmes

China Tax: Latest Changes in China Tax Law, Big Data and Tax Reduction (25 July 2019)

China Tax: Latest Changes in China Tax Law, Big Data and Tax Reduction

25 July 2019, 8.30am – 5.30pm

While the Chinese government has been reducing taxes, the total tax revenue has been increasing faster than the Gross National Product (GNP) growth because of big data and administration. Companies with subsidiaries in China need to be aware of the changes in the tax regime in order to reduce their tax burden, maximise profitability and avoid misunderstandings caused by cultural differences, expectation gaps and insufficient knowledge of tax laws.

This essential one-day seminar by leading expert Bolivia Cheung will cover new China tax rules, big data and its impact on tax administration, tax reduction policies, and tightening of bank transaction regulations. A must-attend programme for companies with operations in China.


  • Gain an overview of the latest changes in China tax regulations
  • Discover new tax incentives for foreign investors
  • Understand the taxation of income earned by expatriates in China
  • Learn how to avoid common tax mistakes and reduce tax risks/burdens
  • Get answers to your China tax questions/concerns from a leading expert

Programme Outline

Tax Reduction and Tax Incentives

  • Value-Added Tax (VAT)
    • Reduction of rates and exemption threshold
    • Extra input VAT credit for certain industries
    • Effects on the profitability of companies operating in China
    • How to restructure the operating model to enjoy further VAT benefits
  • Enterprise Income Tax (EIT)
    • Incentive considerations
    • Transfer pricing issues
  • Tax Incentives
    • Lesser-known tax incentives
    • Hurdles for tax incentive application
  • Withholding tax
    • Exemption for reinvestment of dividend by overseas investors as new capital in China – Issues to be considered

New China Regulations

  • Individual Income Tax (IIT)
    • Definition of tax resident
    • Tax breaks
    • Tax collection focus
    • Key issues to be considered before seconding employees from Singapore to China
    • Penalties for non-compliance
  • Monitoring of Bank Transactions
    • Definition of “illegal money exchange”
    • Legal ways to remit money into and out from China
  • Anti-tax Avoidance Measures
    • New regulations
  • Big Data
    • Effect on tax administration
    • Social credit system
    • Tax non-compliances that will result in imprisonment
    • Repercussions for legal representatives

Who Should Attend

  • Tax Directors/Managers/Officers
  • Financial Controllers/Managers
  • CEOs/COOs/MDs/GMs
  • Legal Counsels/Tax Lawyers
  • Operation Directors/Managers


  • Business Development Directors/Managers
  • Business Consultants
  • Accountants
  • Auditors
  • Investors / Entrepreneurs

Speaker’s Profile

Bolivia Cheung, FCCA, FCPA

Founder and Director
BC Advisory Co Ltd and BC Training Co Ltd

Bolivia has over 20 years of experience in China tax and business advisory. She spent 15 years in KPMG before retiring as a Tax Partner in 2011. Having been stationed in Guangzhou and Shanghai for over 8 years, she has vast experience in helping clients deal with their tax problems and challenges.

Bolivia was on the Steering Team of ACCA Southern China from 2004 to 2017 and is currently a member of ACCA China Expert Forum, Working Party on Seminars of Accountancy Training Board of Hong Kong Vocational Training Council, and the Customer Liaison Group for SMEs of the Trade and Industry Department of the Hong Kong SAR. She also lectures on China Tax at universities and institutions in Macau, Hong Kong and China.



Register Now

Early Bird Fee: S$ 636.65
(until 31 May 2019)

Regular Fee: S$ 743.65

All fees include 7% GST, documentation, refreshments & lunch