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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

Shanghai is China's commercial, financial and shipping centre, and a key gateway connecting the Chinese and global economies. For more than two decades, Baker McKenzie's Shanghai Representative Office has helped clients seize opportunities, drive transformation and expand internationally.

Our Shanghai team advises multinational corporations, investors, financial institutions and Chinese enterprises on mergers and acquisitions, foreign direct investment, capital markets, financing transactions, corporate restructurings, regulatory matters and international expansion projects. We are particularly recognised for supporting clients on complex cross-border transactions and strategic investments throughout Asia Pacific and beyond.

Shanghai is also home to the Baker McKenzie FenXun Joint Operation. Leveraging the China (Shanghai) Pilot Free Trade Zone, Shanghai's innovative business environment and our global network, we combine international and PRC legal capabilities to provide coordinated and integrated legal services.

 

Did You Know?

  • With the establishment of its Shanghai Office in 2002, Baker McKenzie became one of the first international law firms approved to establish a second representative office in China.
  • Shanghai is home to the Baker McKenzie FenXun Joint Operation, China's first approved joint operation between an international law firm and a PRC law firm.

Location

Shanghai

Unit 1601, Jin Mao Tower,
88 Century Avenue, Pudong,
Shanghai 200121
Tel: +86 21 6105 8558 Fax: +86 21 5047 0020

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.


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