Tianjin Binhai Hi-tech Industrial Development Area (“THIDA”) is one of the first national Hi-tech industrial parks, approved by the State Council in March 1991, with a total planned area of 85.74 square kilometers.
THIDA is focusing on attracting international investors in establishing businesses in the areas of leasing, funds management (i.e. RMB Funds) and investors looking to raise offshore RMB fund capital and investing into China. THIDA has achieved some success and is well positioned to take advantage of the new emerging business trend.
To generate further interest and inside on the topic, KPMG is proud to have invited senior officials from THIDA to explain to you the latest development and local government policies for the above business opportunities in Tianjin.
This seminar is designed to meet the interest of foreign investors in relation to learning local government policies, financial support, foreign exchange and preferential tax policies associated with establishing the above targeted businesses in THIDA.
Topics of the discussion include:
• Success of THIDA in attracting financial services clients, such as the leasing companies, RMB Funds etc to the location.
The officials of THIDA will explain to you why THIDA has been successful in attracting leasing companies and RMB Funds to establish there and the favourable policies behind such success
• Set-up and approval procedures of the targeted businesses in THIDA
What are the approval and registration procedures to establish leasing companies, and RMB Funds including its GP, and Fund Management entities and the relevant capital requirements?
• Offshore RMB funds investing into THIDA
What are the procedures and requirement if Hong Kong based companies use their offshore RMB investing into China? What are the approval authorities and procedure for establishment of leasing companies, CHCs, FIVICEs using offshore RMB capital to invest into Tianjin? What assistance and support that THIDA will provide to foreign investors bring offshore RMB into THIDA as capital investment?
• Q&A
THIDA officials will respond to questions concerning government policies, operating environments in relation to the above targeted industries