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Corporate Listing is more than a process of financing. It can be a process of reducing tax exposure, achieving operating efficiency and increasing shareholder value through appropriate planning. After listing, tax arrangement for raised fund would affect the stock performance of the company, and the future overseas business expansion also requires efficient tax operation. Tax compliance and tax restructuring are very important to an IPO and the performance after the listing and confidence of investors. Our professionals are ready for providing high-value tax services to companies interested in IPO.
Tax healthcheck
Perform tax healthcheck in corporate internal structure, business model, shareholders equity, etc.; highlight potential tax exposure which needs further management; provide professional advices to reduce such exposure and discover tax planning opportunities, including:
- Assessment of tax compliance status during operation to identify existing and potential tax exposures
- Quantify the potential tax exposure, and design of feasible plans to control and minimize tax exposures, and enhance competitiveness
- Design and implementation of possible planning ideas to mitigate tax burden reasonably
- Assistance in going through tax audit and building a close communication channel with tax authority
Tax structure consulting services
Seek potential tax planning opportunity based on the operation status of the company, design holding structure and transaction model to reduce the complimentary tax burden of the company, increase the shareholder's value, our assistance includes:
- Holding structure planning (e.g. identifying a suitable overseas structure for future IPO purpose, commenting on the current domestic structure and providing advice for improvement)
- Operation/business model design (e.g. contract processing arrangement for export sales, contract R&D arrangement, and etc.)
- Planning for financing arrangement (e.g. shareholder's loan)
- IP structuring
- Other tax planning opportunities
Transfer pricing services
Provide benchmark study, to help corporation to analysis the internal operation model, to build a tax-efficient-oriented internal transaction model, including:
- Thorough analysis of enterprise's operation and its function alignment
- Identification of Key Value Drivers of the overall business and Portable Profit Potentials
- Study of possible optimal structure, including evaluation of the feasibility and necessity of establishing effective overseas investment platforms
- Thoroughly benchmarking study, determination of the inter-company transaction models under the optimized structure, and corresponding transfer pricing base and methods, as well as arm's length range of each associated enterprise's profitability
- Design of the feasible actual plan, to allocate assets, function and risk in the group appropriately
- Preparation of transfer pricing documentation to support the selected pricing base and methods
Private client services
Our Personal Financial Services tax group offers wealth and succession planning services focusing on private client tax and wealth transfer strategies for high net worth individuals and families, trust set up and advisory work for founders and major shareholders in pre-IPO and post IPO situations as well as private investment and holding structures.
Overseas business expansion services
Assist in accumulate a more international and tax efficient operation network for the company, including:
- Analyze and set up feasible export business model, to reduce custom duty, and cut the competitive edge of your products
- Provide pertinent advices for the company, including profit repatriation, stock option, etc.
Human resource and individual income tax services
Assist in setting up a compliant and effective human resource system to better attract, motivate and retain talents; advise tax planning opportunities taking advantage of individual income tax preferential treatment, including:
- HR diagnostic review, including compliance review of corporate HR policies and practice, benchmarking and measurement of the corporate HR effectiveness against PwC HR best practice database
- Design of compensation and benefits program with internal equity and external competitiveness through job analysis, job evaluation compensation and benefits benchmarking, etc.
- Tax planning advisory in connection with the compensation and benefits program from individual income tax perspective
- Long-term incentive plan design and employee communication, including design of tax-efficient stock option plan in the context of public listing
- Design of performance management system in the principle of objectivity, development, foresight and flexibility; linking compensation and benefit and long-term incentive plan to employees' individual performance and the company's performance, so as to motivate and retain employees and align employees' individual interest with corporate business strategy
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