In 2011, China released its 12th Five-Year Plan, the nations blueprint identifying key growth sectors and outlining new laws and regulations impacting how companies do business. Nearly every aspect of the economy will see changes, including tax law, environmental regulations and investment incentives.
Given the Chinese Government’s strong involvement in many aspects of the economy, prospective investors should take time to understand how commercial and regulatory changes will impact business activities in their particular sector.
Our Australia China Business Practice works closely with KPMG in China to assist Australian companies to navigate the complexities that arise from unfamiliar tax and regulatory regimes and business customs, as well as language and cultural differences.
Drawing on KPMG’s decades of experience in China, our bilingual teams assist Australian companies with:
- investment opportunity identification and analysis
- new market entry – strategy development and execution
- transaction negotiation, through to deal completion
- capital market and IPO advisory
- commercial and financial due diligence
- taxation structuring and advisory
- visa application and migration services
- a broad range of audit, tax and advisory services.
It all adds up to a powerful offering that helps Australian companies to leverage the continued growth of China and its future prosperity.