Outbound payment (non-trade overseas payment) becomes more and more common in the daily operation of foreign invested enterprises. The typical payments include payment of profit repatriation, interest, license fee, service fee etc. Outbound payment is always the key focus of the tax authorities in the area of anti-tax avoidance. In recent years, Chinese Customs also strengthened the control of on license fee payment connected to imported goods. In addition, Chinese foreign exchange administration regulation and the detail requirements from bank also set detailed guidelines for outbound payments. It is urgent for foreign enterprises to get familiar with the regulations and practices for outbound payments. This workshop will discuss and share the following issues from the perspectives of bank professional and legal professional.
- 银行对于企业对外支付的规定和执行政策; - Bank’s regulation and policies on outbound payments;
- 银行对于代垫费用以及分摊费用支付的实践操作; - Bank’s practice on payment of reimbursement fee and allocated charges;
- 5万美元额度内的快速对外付款通道如何安全正确使用; - How to safely and properly use the “fast channel” for outbound payment under USD 50,000?
The workshop will be held in Chinese. Participants from legal, tax, financial management and other relevant fields are welcome to raise questions and share experiences.