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Insight | Legal Update

China: Tax Updates – New IIT Regime for Offshore Trusts

China introduces a life-cycle taxation and reporting regime for PRC-connected offshore trusts, impacting existing and prospective structures.
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Overview

Established in 1993, Baker McKenzie's Beijing office was among the first international law firm offices approved in China and was issued representative office licence number 001. For more than three decades, we have supported clients through China's economic development and global integration.

Located in the country's political, regulatory and policy centre, our Beijing team advises multinational corporations, financial institutions, state-owned enterprises and many of China's leading companies on their strategic and complex matters. We are particularly recognised for our experience in regulatory and compliance matters, foreign investment, investigations, capital markets transactions, complex disputes and outbound investment projects.

With a strong track record supporting Chinese companies as they expand globally, our lawyers combine deep understanding of China's regulatory landscape with the resources of one of the world's leading global law firms. Clients benefit from practical, commercially focused advice that helps them navigate change, manage risk and pursue opportunities across multiple jurisdictions.

 

Did You Know?

  • Baker McKenzie's connection with China dates back to the early 1970s.
  • Our Beijing office was issued representative office licence number 001 and was among the earliest international law firm representative offices established in China.
  • Today, the Beijing office is an integral part of Baker McKenzie's China platform.

Location

Beijing

Suite 3401, China World Office 2,
China World Trade Centre,
1 Jianguomenwai Dajie,
Beijing 100004
Tel: +86 10 6535 3800 Fax: +86 10 6505 2309

Welcome to the Baker McKenzie China Alumni Community.

The Alumni Community provides a way for us to stay connected with former colleagues who have gone on to new challenges, whether they be in-house, with other law firms, or out of law completely. We value the opportunity to continue our relationship with you and keep you up to date on exclusive alumni events, networking opportunities and firm updates via our bi-annual Alumni Newsletter.

If you wish to join our Alumni Community, please register below. Feel free to extend the invite to alumni you are in contact with.

We want to hear from you. If you have any questions you would like to ask, recently moved, suggestions for content to share with the wider network, or anything or anyone you would like to profile in our newsletters, we would be very keen to hear about it, please write to us at ChinaAlumni@bakermckenzie.com.


Key Contacts