Daxue Talks

Nicolas Coster is an expert when it comes to Chinese business law and has 16 years’ experience in China helping foreign companies with the legal issues they face when investing in or liquidating assets in China. In this episode of Daxue Talks he tells us about the criteria that must be met before profits from your investment can be taken out of China.

Takeaways:

- Irrespective of where the investment comes from, the Chinese government will look into the origin of capital inflows.

- Once all taxes are paid on money made in China, there is no issue with taking dividends out of the country to repay investors.

- When a parent company takes money out of its China subsidiary, tax rates differ according to the arrangements between the company’s country of origin and China. For most countries the rate is either 5% or 10%, however using a shell company to take profits out of China will incur higher rates of tax.

Jump to questions:

00:00 Introduction

00:40 If money is lent outside of China and serves the purpose of buying a company in China, are there limitations on this?

01:15 How do you get the money out of China to pay the capital interest?

02:30 In which context is there a 5% tax? and in which context is there a 10% tax when getting money out of China as a dividend to a parent company?

Find our reports here: https://www.slideshare.net/DaxueConsulting

Listen & Subscribe Apple Podcasts:

YouTube: https://www.youtube.com/watch?v=LDka8-Z2Jr0&list=PLcVM3NJYsLF1Z2LLcVGbBVlwVQOOsuuJh

Soundcloud: https://soundcloud.com/user-177979339/tracks

Apple Podcast: https://podcasts.apple.com/us/podcast/daxue-talks/id1492896072

Website: https://daxueconsulting.com/

What is Daxue Talks?

Daxue Talks, a China business vlog powered by daxue consulting, a china-based strategic market research company founded in 2010! With Daxue Talks, you will stay up to date with all the latest business updates in China. Every day, you will learn from china-based experts who share their knowledge about the Chinese market in 2-5 minutes.

#DaxueTalks #China #Investments

Nicolas Coster is a China-based lawyer with 16 years’ experience, he focuses on helping foreign companies with the legal issues they face when investing in or liquidating companies in China. In this video, Nicolas talks about how much easier it has become for foreigners to invest in China as well as the importance of making sure you know about and are compliant with all the tax regulations in China.

Takeaways:

- It has become easier, faster, and cheaper for foreign investors to invest in Chinese companies with some of the red tape being removed.

- The laws that are especially relevant to companies investing in a Chinese company are Company Law, Anti-Monopoly Law, and National Security Law.

- From the point of view of both the buyer and the seller, the rate of capital gains tax should be assessed before the acquisition to prevent any misunderstandings after the deal has been signed.

- The days of Special Purpose Vehicles set up in Hong Kong or Singapore and being used to avoid paying Capital Gains tax in China are long gone and engaging in tax evasion in China will land you in jail!

Jump to questions:

00:00 Introduction

00:27 What are the common legal barriers for inbound M&A which are still in existence now?

01:40 How do you see the new foreign investment law impacting on the future of M&A in China?

02:42 What kind of laws must foreign companies abide by when acquiring a Chinese company?

03:13 Before entering M&A in China, what kind of taxes from the buyer’s side and from the seller’s side have to be considered?

Listen & Subscribe Apple Podcasts:

YouTube: https://www.youtube.com/watch?v=LDka8-Z2Jr0&list=PLcVM3NJYsLF1Z2LLcVGbBVlwVQOOsuuJh

Soundcloud: https://soundcloud.com/user-177979339/tracks

Apple Podcast: https://podcasts.apple.com/us/podcast/daxue-talks/id1492896072

Website: https://daxueconsulting.com/

What is Daxue Talks?

Daxue Talks, a China business vlog powered by daxue consulting, a china-based strategic market research company founded in 2010! With Daxue Talks, you will stay up to date with all the latest business updates in China. Every day, you will learn from china-based experts who share their knowledge about the Chinese market in 2-5 minutes.

#DaxueTalks #China #FDI

Nicolas Coster is a business lawyer with 16 years’ experience in China, specializing in helping foreign companies with the legal issues they may face when investing in China. In this episode, Nicolas tells Daxue Talks about the evolution of the “forbidden” investment sector for FDI in China as well as the general rate of capital gains tax applied to foreigners investing in the country.

Takeaways:

- Even if merging with a Chinese company, it is still forbidden for WOFEs (wholly foreign-owned enterprises) to invest in certain sectors, although the number of forbidden sectors is decreasing substantially every year.

- If you want to set up a joint-venture company in Сhina, the company must be Chinese owned but can have foreign investors.

- Capital gains tax is generally 20% in China.

Jump to questions:

00:00 Introduction

00:27 So, if a WOFE merges with a Chinese company how would that affect the three categories of sectors in which foreign companies could invest: forbidden, encouraged, and tolerated. Would those categories still apply?

01:33 How do you distinguish Chinese equity and foreign equity in terms of where it can invest and how do the authorities assess if these are Chinese or foreign investors?

02:24 What documents could the Chinese government use to find out if there is foreign investment?

02:50 What is the rate of capital gains tax applied in China?

Daxue consulting Linkedin: https://www.linkedin.com/company/daxue-consulting/

Listen & Subscribe Apple Podcasts:

YouTube: https://www.youtube.com/watch?v=LDka8-Z2Jr0&list=PLcVM3NJYsLF1Z2LLcVGbBVlwVQOOsuuJh

Soundcloud: https://soundcloud.com/user-177979339/tracks

Apple Podcast: https://podcasts.apple.com/us/podcast/daxue-talks/id1492896072

Website: https://daxueconsulting.com/

What is Daxue Talks?

Daxue Talks, a China business vlog powered by daxue consulting, a china-based strategic market research company founded in 2010! With Daxue Talks, you will stay up to date with all the latest business updates in China. Every day, you will learn from china-based experts who share their knowledge about the Chinese market in 2-5 minutes.

#DaxueTalks #China #FDI

The champions of mobility in China include the ride-hailing service Didi Chuxing and the food delivery service Meituan. But in the overlapping space between food delivery and ride-hailing, China lacks a dominant competitor which can do both like Uber in the west. However, that does not mean Didi or Meituan have not taken their shot at capturing the entire market. We evaluated the methods and challenges of expanding into the each-others business territory to see just how much room is left for opportunity.

The Mobility market report can be found here: https://www.slideshare.net/DaxueConsulting/mobility-market-report-in-china-by-daxue-consulting

The transcript can be found here:

00:00 Intro

00:53 What is the Mobility for the model business?

02:28 Numbers that clear things up

04:38 How many drivers are involved and ‘work for mobility’

06:19 Eco-friendly trend represented by Caocao Chuxing

08:08 Food delivery market dynamics

09:17 What are the advantages of Yum China in the food delivery market?

11:18 The fight for supremacy in food delivery in China (Meituan and Ele.me)

11:51 Parcel delivery market dynamics

13:30 Main challenges of the ride-hailing industry

16:13 Experimenting in the market with technologies

#MarketTidbits #Didi #Meituan

We asked Marc Burban of Asian Risks about instances when liability insurance was needed by companies to cover injuries of employees and what kinds of product liability insurance are applicable to e-commerce businesses in China.

Jump to questions:

00:00 Introduction

00:35 When do companies need liability insurance? Can you give an example based on your experience in China?

05:09 How does the development of e-commerce affect product liability insurance in China?

Listen & Subscribe Apple Podcasts:

YouTube: https://www.youtube.com/watch?v=LDka8-Z2Jr0&list=PLcVM3NJYsLF1Z2LLcVGbBVlwVQOOsuuJh

Soundcloud: https://soundcloud.com/user-177979339/tracks

Apple Podcast: https://podcasts.apple.com/us/podcast/daxue-talks/id1492896072

Website: https://daxueconsulting.com/

What is Daxue Talks?

Daxue Talks, a China business vlog powered by daxue consulting, a china-based strategic market research company founded in 2010! With Daxue Talks, you will stay up to date with all the latest business updates in China. Every day, you will learn from china-based experts who share their knowledge about the Chinese market in 2-5 minutes.

#DaxueTalks #China #eCommerce

Insurance expert Marc Burban of Asian Risks offers insights into the different kinds of liability insurance in China, what is and isn’t covered by general liability insurance, and what kinds of insurance are mandatory for businesses in China.

Jump to questions:

00:00 Introduction

00:48 What types of Liability Insurance are there in China?

03:54 What does general liability insurance not cover?

04:42 Are there any government obligations for liability insurance in China? If yes, what are they?

Listen & Subscribe Apple Podcasts:

YouTube: https://www.youtube.com/watch?v=LDka8-Z2Jr0&list=PLcVM3NJYsLF1Z2LLcVGbBVlwVQOOsuuJh

Soundcloud: https://soundcloud.com/user-177979339/tracks

Apple Podcast: https://podcasts.apple.com/us/podcast/daxue-talks/id1492896072

Website: https://daxueconsulting.com/

What is Daxue Talks?

Daxue Talks, a China business vlog powered by daxue consulting, a china-based strategic market research company founded in 2010! With Daxue Talks, you will stay up to date with all the latest business updates in China. Every day, you will learn from china-based experts who share their knowledge about the Chinese market in 2-5 minutes.

#DaxueTalks #China #LiabilityInsurance

Which industries are especially at risk in China? What types of insurance are absolutely necessary and what do you need to watch out for when signing an insurance contract in China?

Jump to questions:

00:00 Introduction

00:35 What are the different types of insurance a foreign company in China absolutely needs?

01:28 In which industries do companies need to invest the most in in insurance in China?

03:25 What should people pay special attention to when signing an insurance contract in China?

Listen & Subscribe Apple Podcasts:

YouTube: https://www.youtube.com/watch?v=LDka8-Z2Jr0&list=PLcVM3NJYsLF1Z2LLcVGbBVlwVQOOsuuJh

Soundcloud: https://soundcloud.com/user-177979339/tracks

Apple Podcast: https://podcasts.apple.com/us/podcast/daxue-talks/id1492896072

Website: https://daxueconsulting.com/

What is Daxue Talks?

Daxue Talks, a China business vlog powered by daxue consulting, a china-based strategic market research company founded in 2010! With Daxue Talks, you will stay up to date with all the latest business updates in China. Every day, you will learn from china-based experts who share their knowledge about the Chinese market in 2-5 minutes.

#DaxueTalks #China #Risks

We sat down with Marc Burban of Asian Risks to find out what kind of questions an insurance broker will ask companies before he offers them his services. Also, Marc shares with us details of how much the services of a broker in China will cost.

Jump to questions:

00:00 Introduction

00:48 When you start to talk with a business in need of an insurance package, what are the key questions you ask them so that you can understand the situation?

04:08 What is the cost of an insurance broker’s services in China?

Listen & Subscribe Apple Podcasts:

YouTube: https://www.youtube.com/watch?v=LDka8-Z2Jr0&list=PLcVM3NJYsLF1Z2LLcVGbBVlwVQOOsuuJh

Soundcloud: https://soundcloud.com/user-177979339/tracks

Apple Podcast: https://podcasts.apple.com/us/podcast/daxue-talks/id1492896072

Website: https://daxueconsulting.com/

What is Daxue Talks?

Daxue Talks, a China business vlog powered by daxue consulting, a china-based strategic market research company founded in 2010! With Daxue Talks, you will stay up to date with all the latest business updates in China. Every day, you will learn from china-based experts who share their knowledge about the Chinese market in 2-5 minutes.

Marc Burban of Asian Risks talks to daxue consulting about the basics of being an insurance broker in China and what’s different about the market here compared to the rest of the world.

Jump to questions:

00:00 Introduction

00:35 What is an insurance broker?

01:19 What are the characteristics of the local market that makes the work of insurance brokers in China different from the rest of the world?

Listen & Subscribe Apple Podcasts:

YouTube: https://www.youtube.com/watch?v=LDka8-Z2Jr0&list=PLcVM3NJYsLF1Z2LLcVGbBVlwVQOOsuuJh

Soundcloud: https://soundcloud.com/user-177979339/tracks

Apple Podcast: https://podcasts.apple.com/us/podcast/daxue-talks/id1492896072

Website: https://daxueconsulting.com/

What is Daxue Talks?

Daxue Talks, a China business vlog powered by daxue consulting, a china-based strategic market research company founded in 2010! With Daxue Talks, you will stay up to date with all the latest business updates in China. Every day, you will learn from china-based experts who share their knowledge about the Chinese market in 2-5 minutes.

The size of the vitamin and health supplements market shows an upward trend. The most popular items of the vitamin market in China are vitamins E, C, and A. Although most Chinese brands are trusted in vitamins and health supplements market because of their long history, Australian Brands, like Swisse, are also very popular. COVID-19 gradually increases health awareness and stimulated vitamin consumption in China, which makes it a promising market for health supplements products.

The report on the Vitamin and health supplements market in China can be found here: https://www.slideshare.net/DaxueConsulting/vitamin-and-health-supplements-market-report-by-daxue-consulting

The transcript can be found here: https://daxueconsulting.com/transcript-vitamin-health-supplements-sector-china/

0:00 Intro

1:02 Comparing China to the West

3:50 Level of consumption and the room for growth

8:40 How COVID-19 has impacted the industry

10:21 What kind of vitamins Chinese people consume most?

11:33 How do the Chinese perceive imported vitamins from different countries?

13:20 Effective marketing strategies for health supplements brands in China

22:40 How do Chinese people define a healthy lifestyle

#MarketTidbits #China #vitamin