Kristina Koehler-Coluccia, Head of Business Advisory, Woodburn Accountants & Advisors, discusses the main considerations for foreign businesses who need to repatriate profits from China One of the main questions foreign investors have when deciding to establish a new business in China is: can I repatriate my profits out of the country? The answer is simply yes. Just as in any other country in the world, you will be able to… …
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profits
Repatriating profits from China can be complex but there are a number of options, writes Valur Blomsterberg of accountancy Integra Group China has long maintained strict foreign exchange controls over funds entering and leaving the country, which means that foreign investors face a series of compliance challenges before they can move funds out of the country. With the current pace of regulatory changes and with banks adopting various anti-money laundering… …