China

Reviews

Practice area

World Tax Reviews

Tax
Baker McKenzie

Baker McKenzie has more than 30 partners and associates based in Beijing, Hong Kong and Shanghai. These lawyers and accountants have worked in private practice, for major accounting firms and private banks. The firm assists multinationals with tax planning for M&A, the establishment of new business presences, supply chain structuring and management, tax-efficient financing, tax compliance and controversy. In 2015, the firm established Baker McKenzie FenXun (FTZ) Joint Operation Office in the China (Shanghai) Free Trade Zone. This was the first joint operation by the Shanghai Bureau of Justice.

The team is helping a client on a domestic acquisition matter. It helps the client to protect its interests in a commercial feasible structure. Luis Zhang and Brendan Kelly are advising a client on a tax controversy issue. They represent the client defending the non-taxability position in China.

Client feedback

“It gives practical advice.”

DLA Piper

Daniel Chan, a partner, leads the tax practice at DLA Piper. The firm continued offering services to large fortune 500 clients in 2017. It has the capability to deal with complex matters because of its size and expertise. This strengthens its relationships with key strategic clients and attracts new clients with a strong and compelling offering.

Doris Ho is helping an American business and financial services company on a general corporate tax issue. The firm advises the client on its restructuring with geographic reach and expertise. It also works closely with the client and PRC office in devising and implementing plans, especially for the Asia-Pacific region. In 2017, Daniel Chan and Windson Li advised a US garment manufacturer and distribution company on the application of the latest VAT rules regarding e-commerce operations.

In 2017, Shan Yu joined the firm as a tax consultant. In 2018, Margaret Tan jointed the firm as a senior tax consultant.

EY

EY provides a tax practice covering traditional corporate direct and indirect tax consulting and compliance, personal tax compliance, tax and customs controversy assistance, among others. The tax policy and controversy team includes more than 120 professionals with various backgrounds. The team offers dispute solutions from direct tax, indirect tax, customs and transfer pricing.

In 2017, the team showed strong growth by assisting a Chinese business in making outbound investments under the changing international tax landscape, providing tax technology solutions to help clients automate and upgrade their tax compliance and management operation, and providing global HR management consulting services to help businesses achieve sustainable growth.

JunHe

Julie Cheng is the head of the tax department at JunHe. The tax practice includes formulating tax efficient structures for new investments in China; restructuring existing operations in China to achieve better tax efficiency, advising on the PRC tax implications of inbound and outbound M&A, advising on PRC customs duty, VAT, business tax, enterprise income tax and other tax issues, and representing clients before the PRC State Administration of Taxation. It keeps a long-term working relationship with the public finance, tax and customs departments of the Chinese government. The firm has grown in 2017 with major new clients, involving ExxonMobil, NXP, Aramco, Everbright Investment, MFP, Bosch and Savera.

The firm recently represented a client in communicating with taxation authorities in relation to tax issues involved in the distribution of interim dividends, and rendering legal opinions on tax law.

In 2017, Zhao Tingting joined the firm as a partner. She worked at the State Administration of Taxation of China for 14 years and has an extensive experience in tax policy and regulation.

KPMG

Lewis Lu is the head of the tax practice at KPMG. He advises clients on Chinese tax and regulatory business implications of major structuring, restructuring and reorganisation projects. He is also a tax adviser to the China financial services industry in Shanghai, assisting clients in the banking and financial services sectors on new and complex products and transactions. Khoon Ming Ho is the head of KPMG in the Asia Pacific. He advises Chinese finance and tax authorities on tax reforms in different industries. The firm offers tax services including indirect tax, M&A tax, R&D tax, general corporate tax, tax controversy and transfer pricing.

In the past year, the firm helped clients deal with transactional tax and corporate tax issues. This transaction included many PRC domestic and overseas private equity funds and investment banks in China. KPMG offered the financial and tax due diligence work. In addition, the team also provided tax structuring services for this transaction. 

In 2017, Larry Li joined the firm as a tax director in transfer pricing. In 2018, Vivian Zhou joined the firm as a tax director in global mobility services.

WTS Consulting (Shanghai)

Martin Ng is a managing partner and the head of WTS China. The practice includes tax, cross-border, finance and customs. The firm’s clients include multinational groups, national and international medium-sized companies, non-profit organisations and private clients.

The firm is advising a client on a general corporate tax matter. It comments on the client’s proposed business model including various Chinese taxes compliances. It also represents the client in negotiations with Chinese authorities.

In 2017, Shelly Meng, who had previously worked at a big four group, joined the firm as a consultant.