China Consulting  Coaching: China-Compact-Training

China Compact Training Objectives

Our "China Compact Training" offers a hands-on approach, bringing you closer to the practical aspects of taxes, financial accounting, annual audit, labour law and intercultural collaboration, with the help of our team of tax advisors, auditors and management consultants. This comprehensive package is essential for companies engaged in Chinese business, providing the necessary tools to proactively shape and optimize your China operations while staying updated with the latest practices.

Contents 

Part 1: Chinese Tax

• Essential Chinese tax types and rates, with a particular focus on VAT, corporate income tax (CIT) and individual income tax (IIT)
• Monthly VAT return and quarterly corporate income tax return
• Special features of Chinese invoices: Fapiao (VAT Invoice)
• Double Taxation Agreement (DTA) between Germany and China 
• Withholding tax when providing services in China
• Permanent establishment (PE) risk in China 

Part 2: Chinese Financial Accounting 

• Accounting regulations in China
• The Chinese profit and loss statement, balance sheet, as well as trial balance 
• Comparison of the cost of sales method and the total cost method
• Specifics of Chinese accounting practices

Part 3: Chinese Annual Audit 

• Components of the Chinese annual financial statements
• Preparing and evaluating the annual financial statements
• Annual corporate income tax (CIT) return
• Specialities of disclosing annual reports in China
• Basic differences of China GAAP accounting in comparison with IFRS

Part 4: Chinese Labour Law

• Chinese employment contract and employee handbook
• Probation period, working hours and overtime, sick pay, vacation and public holidays
• Occupational health and safety in the workplace
• Labour Unions 
• Termination by the employer or employee, protection against dismissal, severance pay, conciliation and arbitration procedures
• Employee handbook 

Part 5: Intercultural Training

• German and Chinese cultural differences 
• Self-perception, perception of others and understanding different perspectives
• Building Guanxi (Vitamin B)
• Preserving, giving, and losing face
• Methods and approaches as well as leadership style in China
• Commonly occurring conflicts - The art of communication and criticism
• Negotiation tactics - 10 points to consider
• Guidance for remote collaboration and remote leadership

Target Audience

 Professionals and executives with responsibilities related to China.

Language 

Presentations and seminar materials are in German (partly English) language.

Duration

1–Day–Training, from 10:00 AM to 4:00 PM, including breaks

Price

On request

Booking

Benefit from our best practice tips from China consulting and entrepreneurial experience. Upon request, we are happy to customize the content to suit your specific requirements.

Book an appointment via e-mail: china.desk@bdp-team.de or phone: +49 (0) 30 44 33 61 0. Your contact person: Ms. Sara Zimmermann. We will be happy to provide you with an individual offer.

* For clients from Austria or Switzerland, we naturally offer the training tailored to your country’s requirements, optionally with a focus on the DTA Austria/China or Switzerland/China.

Additionally, we offer our "Intercultural Training" for your consideration: