BEIJING, 5th MAY 2010 – Russell Brown, Managing Partner of LehmanBrown International Accountants and Treasurer of the British Chamber of Commerce in China spoke on the importance of Individual Income Planning for expatriates in China.
Held on Tuesday, 27th April and co-hosted by the British Chamber of Commerce in China and the China-Britain Business Council, the seminar offered a two-pronged focus on planning and taxation for expatriates receiving China-sourced income.
Russell Brown commented:
“Planning is essential when managing the often complex nature of receiving, distributing and declaring China-sourced individual income. To ensure compliance with Chinese law and to maximise upon income planning opportunities, individuals must have a clear understanding of their obligations and options.”
Russell Brown added:
“Increasing numbers of expatriates are choosing to reside and work in China long-term. Following this, property ownership and changes in residency status then become factors, which can in due course alter an individual’s tax obligations. Through advance planning, individual’s can ensure compliance whilst making the most of available income planning options.”
About LehmanBrown
LehmanBrown is a China-focused accounting, taxation and business advisory firm, combining international expertise with practical China experience and knowledge for both local and international clients.
The company operates through offices in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin and Hong Kong, which are staffed by a combination of Chinese and expatriate professionals. Staffing is currently around two hundred professionals throughout China, all of whom are English-Mandarin bi-lingual.
LehmanBrown is registered with the PCAOB in the USA. LehmanBrown is also an Accredited Employer and Training Partner of many top global accountancy institutes including the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA), the Institute of Chartered Accountants in England and Wales (ICAEW), the Hong Kong Institute of Certified Public Accountants (HKICPA) and CPA Australia. LehmanBrown was the first ACCA China-wide Approved Platinum Employer.
British Chamber of Commerce in China
The British Chamber of Commerce in China (BritCham) is an independent, membership-based organisation providing connectivity for British Business in China. We are a not-for-profit organisation formally established in 1993 to represent the interests of our members, and provide a network platform for British business in China.
More about the British Chamber of Commerce in China can be found at: http://www.pek.britcham.org
Press Release Contact Person:
Rachael Layfield
Marketing Manager
LehmanBrown
pr@lehmanbrown.com
