We are able to advise on implications of the new UK/Chinese double taxation treaty. This commenced from April 2014. There are benefits arising to both UK investor companies, and also to UK subdidiaries of Chinese parent companies.
Of great importance to the UK is that the new Chinese tax treaty is more favourable than the majority of tax treaties that China has with overseas jurisdictions, and means that the UK will be a key location for investment into Europe for Chinese companies. Moreover, for other European countries wishing to invest in China, investing through a UK company will have major benefits.
It is great to see that the UK is increasing its competitive edge in relation to international structures, and this will assist in adding GDP to the UK.
We look forward to assisting UK companies looking to invest into China as well as Chinese companies looking to invest in the UK and EU.