HO AND HO & CO

Services offered by our firm Our prc tax and business advisory services department will provide the following services:

1. Evaluating the feasibility of foreign-invested projects from the prc business regulatory perspective, advising on the tax efficient holding and operational structures, drafting or reviewing joint venture contracts and articles of associations, assisting in the application for the establishment, annual examination, extension and deregistration of foreign investment enterprises and representative offices, preparing and filing of statutory tax returns, and etc.

2. Performing health-check on prc operations of foreign investments from the prc business regulatory and tax perspectives to identify major non-compliance areas, advising on rectification measures as well as tax efficiency improvements.

3. Handling tax audit, including negotiation with tax authorities in-charge and preparation of relevant documents.

4. Providing tax and business regulatory advice throughout the course of m&a transactions, including tax due diligence review for buyers and vendors, formulation of appropriate deal models, tax planning for holding and operational structures, exit planning, tax efficient financing arrangements, tax incentive planning, draft agreements review.

5. Advising on corporate restructuring from the prc tax and business regulatory perspectives, including advising on share transfers, transfers of businesses, mergers, divisions, and reorganizations of capital structures, assisting in the obtaining of regulatory approvals, reviewing documentation, assisting in the application for alternation registration with relevant government authorities.

6. Performing health-check on the human resources policies of foreign investment from the prc business regulatory perspective to identify major non-compliance areas, advising on rectification measures to minimize risks, providing tax planning on employees compensation packages for prc individual income tax( iit ) efficiency purposes, preparing and filing of iit returns as well as assisting in the application for work permit, residency permit and z visa for expatriates.

7. Reviewing import and export practices to identify major non-compliance areas, advising on improvement of import and export practices for cost saving and tax efficiency purposes, especially advising on how to carry out processing trade, including the choice of the type of processing trade and locality selection, treatment of scraps of bonded materials, etc.

8. Advising on foreign exchange related issues, including feasible channels for remittance, documents and procedures required for remittance, reviewing and structuring draft contacts for remittance purposes, assisting in the application for foreign exchange registration and opening foreign exchange bank account, assisting in the application for tax payment certificates as well as tax exemption certificates for remittance purposes, etc.

9. Performing transfer pricing high level review to identify potential risks, documenting transfer pricing policies, negotiating with the tax authorities on transfer pricing.