In China, problems with a foreign entity's business can occur for a variety of reasons. Labor costs have increased rapidly. Tax incentives and the way in which foreign direct investments (FDI) are treated in a particular industry in different regions are updated and altered.
To better adapt to these trends, an increasing number of foreign invested enterprises (FIEs) in China choose to relocate their business from first-tier cities which are generally subject to high operating expenses, strict regulations and fierce competition, to smaller cities with lower labor costs, tax incentives and less-saturated markets.
On June 28, experts from Dezan Shira & Associate's International Business Advisory, Legal and Tax teams will host an exclusive seminar on business relocation in China. In the seminar, these teams will provide their insights on the current market trends in respect to relocations as well as how businesses can best manage the process.