Last Saturday, Dr. Gu Zhiping attended a lecture on "Wealth Planning under the New Tax System" at the Fulin Hotel in Shenzhen. As a member of China's top private wealth management lawyer team, Dr. Gu shared a lot of information. The introduction of anti tax avoidance provisions under the new tax law, especially for the regulation of controlled foreign enterprises (BVI companies, Hong Kong companies, etc.) and transfer pricing; For individuals with immigration plans, new regulations have been added for departure tax settlement; Decompose the declaration subject and declaration content under CRS; Exploration of the introduction of real estate tax, tax rates, and collection methods; How to inherit and arrange family businesses and assets in advance.

Based on last week's discussion with Roger, an ATU trust company in Liechtenstein, we feel that for domestic corporate leaders with high net worth assets, whether dealing with the impact of the new tax system, CRS, or arrangements for family assets and inheritance, it is necessary to understand relevant information in advance so as to have sufficient time to plan and arrange before problems arise. Welcome customers to contact us by phone or in person for consultation on any of the above related issues.