“TRENDING CHINA” WEBINAR

This half-day workshop will deal with the following topics:

1. DAWN OF SUCCESSION PLANNING IN CHINA

• The latest development of family trust in China
• From “Cash Trust” to “Equity Trust”
• Rising needs for China onshore Foreign Grantor Trust & Non Resident Trust
• The combination of onshore trust and offshore trust structure becoming popular for Chinese UHWIs.?
• How does Chinese laws impact existing offshore trusts for Chinese families?
• What should professional trust companies do if they have existing trust arrangements for Chinese families?

2. LAWS AND REGULATIONS

• The background of laws and regulations in relation to existing family trust in China
• The influence of China's individual income tax reform on family trust
• The newly issued Minutes of the Meeting on the Work of Civil and Commercial Trials in the National Courts enhancing the independence of trust property
• Driving factors: Generation transition, transformation and upgrading, compliance enhancement
• Tracking down of Chinese citizens abroad – compliance and enforcement
• Interpretation of the global tax regulation
• The influence for private wealth management according to newly adopted China Civil Code.

3. HOW CHINESE LAW AFFECTS SPECIFIC  ARRANGEMENTS FOR TRUSTS

• What is Circular 37?
• What is the red-chip structure?
• How does Circular 37 and the red-chip structure effect trust arrangements?
• Different compliance requirement of Chinese law and listing rules for the arrangement of pre-IPO trusts and post-IPO trusts.

4. Q&A / PANEL DISCUSSION
Our panellists examine the broad considerations, as well as share their insights and experience on the practical steps.

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