by Peter Ni | Jul 28, 2014 | • Family business; Managing, structuring, involvement
For Chinese individuals making outbound investment, overcoming the obstacles from the aspects of regulatory and foreign exchange control becomes a priority. As China is now the second largest economy in the world and produces millionaires and billionaires faster than...
by Peter Ni | Jul 28, 2014 | • Estate planning, • Tax planning (estate taxes and duties)
Chinese HNWIs should act now as China may introduce estate tax, exit tax on emigration and adopt new rules to tax the contribution of appreciated assets into an offshore trust. Chinese high net worth individuals (“HNWIs”) are very interested in using offshore trust...
