22-12-2010: Coming soon - The China-BVI TIEA A Look into its Impact and Relevant Solutions

The governments of the PRC and the BVI signed a tax information exchange agreement (TIEA) on December 7, 2009. And now it is the time for this TIEA to come into force...
11-12-2010 : The Importance of Data Confidentiality and Security in Outsourcing

Considering data confidentiality and security is of paramount importance when embarking on an outsourcing program, particularly for regulated entities in the financial services sector. Contrary to popular belief, the responsibility to comply with privacy and data confidentiality regulations is not passed on to the outsourcing services provider, but rather remains with the purchaser of outsourcing services...
08-12-2010: Adding Substance to a Hong Kong SPV holding PRC investments to Enjoy Tax Treaty Benefits

Hong Kong is the most commonly adopted special-purpose vehicle (SPV) for holding PRC investments. Based on the statistics for foreign direct investment into China, more than 90% of Chinese-inbound investment adopts a Hong Kong company as an SPV...
02-12-2010: Foreign Trust Structures for PRC Citizens

Although there is no estate tax in China, many Chinese high net worth individuals are using foreign trusts to structure their assets. Chinese investors owning or purchasing assets outside of China are exposed to inheritance laws and taxes in the jurisdictions where they purchase their assets...
10-11-2010: Your Alternative Investment Fund Online Through Euroclear or DTCC

Not long ago, good performance and a two-year track record were enough to market a fund successfully. Now, however, after the financial crisis and the Madoff affair, investors are performing strong due diligence before investing and looking for independent administrators and high quality auditors, and so on. In addition, more and more investors require that the funds in which they invest be held by a custodian that they can trust and be available online...