Presentation Rimaster AB
|
|
- Basil Rolf Price
- 7 years ago
- Views:
Transcription
1 Presentation by Rimaster AB Pernilla Norman, CFO and Executive Vice President
2 Business Orientation We offer solutions in development and production of electric, electronic and mechanical products
3 Company History
4 Product Areas Electrosystem Production and supply of cable harnesses, electrical cabinets, panels and control boxes Electronics Production and supply of PCBs and complete assembled products based on electronics Cab Development and assembly of complete cabs for special vehicles Mechanics Production and supply of sheet metal based products Development Product development and engineering services taking your product from idea to production
5 Product Areas Electrosystem Production and supply of cable harnesses, electrical cabinets, panels and control boxes Electronics Production and supply of PCBs and complete assembled products based on electronics Cab Development and assembly of complete cabs for special vehicles Mechanics Production and supply of sheet metal based products Development Product development and engineering services taking your product from idea to production
6 Product Areas Electrosystem Production and supply of cable harnesses, electrical cabinets, panels and control boxes Electronics Production and supply of PCBs and complete assembled products based on electronics Cab Development and assembly of complete cabs for special vehicles Mechanics Production and supply of sheet metal based products Development Product development and engineering services taking your product from idea to production
7 Product Areas Electrosystem Production and supply of cable harnesses, electrical cabinets, panels and control boxes Electronics Production and supply of PCBs and complete assembled products based on electronics Cab Development and assembly of complete cabs for special vehicles Mechanics Production and supply of sheet metal based products Development Product development and engineering services taking your product from idea to production
8 Product Areas Electrosystem Production and supply of cable harnesses, electrical cabinets, panels and control boxes Electronics Production and supply of PCBs and complete assembled products based on electronics Cab Development and assembly of complete cabs for special vehicles Mechanics Production and supply of sheet metal based products Development Product development and engineering services taking your product from idea to production
9 Market Segments Our targeted customers are industrial OEMs with a need to focus on their chosen part of the value chain We focus on the segments Special Vehicles Material handling Mining & Construction Forest & Agriculture Industrial Systems Automation & Control systems Communication systems Renewable energy & Waste management Medical instrumentation
10 References & Customers
11 Ability to create simplicity Simplicity Proximity Global
12 This presentation is made on our experiences and is not meant to be used as regulations. This will only give you inputs to your own investigations.. I have made the presentation in words so you more easy can have it as a help if you would like to use it in your own investigations
13 Overview Investigation about China during spring 2005 Decided Ningbo during autumn 2007 Established Business License April 2008 Recession 2009 Today we are approx. 100 employees
14 Investigation Decide what you want to do in China: Sell to China? Buy from China? Manufacture in China? Provide Services in China? Where to be located? Where are your customer located? Logistics / Transportways? Possibilities to get competence in the area?
15 Business License Registered Capital Minimum of USD. 20% to be injected within 3 month from registration and the rest within 2 years WFOE Production company Limited possibilities to sell material from WFOE FICE Trading company Service company Legal representative All signing in China will be made by the Legal Representative (one person) and the General Manager (GM can t sign everything)
16 Business License Exit/Entry strategies Tax regulations Avoid consolidation Mother AB Manufacturing Holding AB Trading Holding AB Service Holding AB WOFE Co Ltd FICE Co Ltd FICE Co Ltd
17 Loans Total investments Registered Capital Loanmax RC + LM RC LM USD 0,1-3 Million 70% 30% USD 3-10 Million 50% 50% USD Million 40% 60% USD 30 Million + 33% 67%
18 Customs Long time for the custom process in the beginning Plan for the material to be one month in custom!! Important that Components and Products have the correct HS codes All HS codes are priced differently for duty Make sure you have all documents needed for custom You are not allowed to pay invoices that don t have correct custom declaration paper Bonded Warehouse Be your own custom Save the duty (amount depending on HS code but at least 7%)
19 Invoices Customer invoices Invoices from your own ERP-system VAT-invoice made at Tax Bureau (ex. once a week) Need to go physical to Tax Bureau Customers on Export need to pay invoices within 90 days If not on day 91 you need to pay 17% VAT Supplier invoices Payment terms is often prepayment in beginning Suppliers abroad can not be paid until customdeclaration paper is OK Foreign Currency Bureau decides if the invoices are OK to be paid
20 Employees Contracts Normally probation time 3 month Time limited contracts (ex. 3 years) Titles Several different levels, easy to missunderstand Set up your demands Average monthly salary: Blue collars: RMB White collars: Depending on level/title From 2500 RMB Social cost for chinese employees around 35% - 45% Special to note: Normally - Companies pay lunch for all employees (around 7-12 RMB/day/person) Normally - Companies arrange bus to factory or pay for the expences for local bus (around 100 RMB/month/person) Normally Companies pay a yearly bonus to all employees (monthly salary) Peoples often leave companies (High staff turnover) Time for maturnity leave is 3 month
21 Tax & VAT VAT Note Domestic, Sales & Purchase 17% Export, sales 0% Export, Purchase VAT refund 0-17% HS Code, Cash Other taxes Business tax (charged to services) 5% Profit tax 25% Capital gain tax 20% Withholding tax 10% Property tax 12% Losses Carried Forward 5 years
22 NRPV - Non refundable purchase VAT (NRPV) tied to Export Sales - Calculation different in FICE and WFOE Example FICE WFOE Income Material % NRPV Gross Profit Purchase VAT = 17% x 500 = 85 Purchase VAT refund FICE = = 60 Purchase VAT refund WOFE = = 35
23 NRPV Customer (Export) FICE Co Ltd Supplier (Domestic) WFOE Customer (Domestic)
24 Others Transfer Pricing Transfer Pricing Sales, Market price 100 Sales, "Mother company" 40 GAP 60 Profit tax, 25% -15 Withholding tax, 10% -6 Agreements between Group companies if any services will be invoiced
25 Advice on your way. Put in your best employees into China. It is a really complex country to do business in Plan for time consumption Hire experts in China with solid China experience Different regulations in different provinces. Local practies! Do not save money on Chinese middle management they are your eyes and ears in China
26 Advice on your way. Make sure that your customer is ready to do business in China Make ageements on special pricing during transfer period Is it any Internal fights at your customer regarding Europe vs. China? Learn about the Chinese culture Build Relationsships!!
27 THANKS!
Cross- border transac.ons, profit repatria.on and funding of SME's in China
Cross- border transac.ons, profit repatria.on and funding of SME's in China - Prac'cal steps to overcome your biggest challenges www.dezshira.com Hannah Feng 11 January 2014 Rapid Change The Name of the
More informationEstablishment of a Wholly Foreign-owned Enterprise
Establishment of a Wholly Foreign-owned Enterprise Wholly foreign-owned enterprises (WFOEs) are entities established under the Law of the People s Republic of China on WFOEs (the WFOE Law ). By definition,
More informationForeign Investment in China and China Tax Regulation Updates
Foreign Investment in China and China Tax Regulation Updates Agenda 1. Comparison of Main Investment Vehicles 2. Foreign Investment in Main Industries 3. Incorporation Procedures 4. New Tax Rules 5. Profit
More informationComparing Representative Office and Wholly Foreign Owned Enterprise
Tax, Audit, Accounting and Legal News ECOVIS Special Info RO/WFOE Comparing Representative Office and Wholly Foreign Owned Enterprise Key Points Foreign Investors need to know ECOVIS Beijing China About
More informationUpdated Regulations regarding Withholding Tax in China
Updated Regulations regarding Withholding Tax in China Fiona Fan Director, Accounting Services NCO China Oct 13, 2010 Agenda Key concepts and regulations about withholding tax in China Relationship between
More informationCompany Credit Report
Company Credit Report JIANGSU LIYANG AUTOMOBILE SEAT ANGLE-CONTROLLER GENERAL PLANT 江 苏 省 溧 阳 市 汽 车 座 椅 调 角 器 总 厂 NO., JIANSHE SOUTH ROAD, CHOUMOU TOWN, LIYANG CITY, JIANGSU PROVINCE 23324 PR CHINA 江 苏
More informationChina: Country VAT / Business Tax Essentials Guide 2015. kpmg.com
China: Country VAT / Business Tax Essentials Guide 2015 kpmg.com 2 China: Country VAT / Business Tax Essentials Guide 2015 China: Country VAT / Business Tax Essentials Guide 2015 3 China: Country VAT /
More informationInternational Payments
International Payments Copyright Moneynetint. All Rights Reserved MoneyNet international Ltd was established in 2005, providing companies and individuals with a full range of foreign exchange and payment
More informationCloud-based trading & financing ecosystem for global ecommerce
Cloud-based trading & financing ecosystem for global ecommerce specializing in China inbound and outbound trade for small online retailers and social commerce players Our Motto MAKING BUY AND SELL EASY!
More informationHong Kong s Role Your China Market Entry & Strategies
Intertrust Katherine Chiu October 2007 1 Hong Kong s Role Your China Market Entry & Strategies Katherine Chiu Intertrust Katherine Chiu October 2007 2 Welcome to China!!! Intertrust Katherine Chiu October
More informationAre you getting the best deal from your accountant?
Are you getting the best deal from your accountant? Introduction It s human nature to want the best deal. Whether you are going out for a meal, booking a holiday or paying an accountant, it s good to know
More informationPr oduct Overview Product Overview SMC Pneumatics BV
Product Overview Terms of Delivery General delivery and payment conditions Applicable to all offers and contract concerning deliveries and/or services to be executed by SMC Pneumatics BV are the ORGALIME
More informationSupply Chain & Circular 37 13 September 2013
Supply Chain & Circular 37 13 September 2013 Typical Supply Chain Overview The following slides are intended to provide an overview of typical supply chains for air and ocean transportation originated
More informationEstablishment of a Representative Office
Establishment of a Representative Office The Representative Office (RO) is one of the common business vehicles through which a foreign company can establish their first presence in China. The relative
More informationMachinery and equipment manufacturing in China
Machinery and equipment manufacturing in China Focal point: NBSO Dalian The layout of the global equipment manufacturing industry is changing fast. Production capacity relocates from developed countries
More information2016/17 TO... GUIDE TO... GUIDE TO WWW.NEWBYCASTLEMAN.CO.UK FOR ELECTRONIC USE ONLY
2015/16 2016/17 GUIDE TO 2016/17 TO... GUIDE TO... Value VALUE Added ADDED TAX Tax WWW.NEWBYCASTLEMAN.CO.UK FOR ELECTRONIC USE ONLY YOUR GUIDE TO Value Added Tax Value Added Tax (VAT) is a tax chargeable
More informationRMB solutions for importers and exporters
RMB solutions for importers and exporters Unravel the complexities of RMB Mind the gap The potential Share of world trade vs payments The proof of the pudding Percentage of China s trade in RMB RMB 13th
More informationBenefits of using HK company for entering into China consumer market
Intertrust Alex Cho November 2006 1 Benefits of using HK company for entering into China consumer market Alex Cho 28 November 2006 Intertrust Alex Cho November 2006 2 China Consumer Market restrictions
More informationBecoming a Sustainable Brand in China. By Jordi Martin Business Development Manager at Koehler Group November 2014
Becoming a Sustainable Brand in China By Jordi Martin Business Development Manager at Koehler Group November 2014 Koehler Group About Us Koehler Group (formerly known as Klako Group) is an international
More informationWestern Management 12 Offices Since 1979 Over 120 Professionals. Klako Group
Western Management 12 Offices Since 1979 Over 120 Professionals Setting up a business in China Klako Group International Accountants and Management Consultants China, Hong Kong and Singapore Beijing Chengdu
More informationPrice List. Services for foreign companies on the Russian territory:
Search for producers Price List Services for foreign companies on the Russian territory: Search for 5 producers + negotiation, contact conclusion, order placement and further assistance on Russian market
More informationBusiness Plan !!!!!!!!!!!!"#$%&'%()*+,$**% % -&,."/.%!"#$%! 0112$**%! 3$4$56&,$%!)#7$2%! 8&7+4$%!)#7$2%! 9#"+4%! :$7*+.$%! !!!!!!!!! ! "!
Business Plan "#$%&'%()*+,$**% % -&,."/.%"#$% 0112$**% % 3$4$56&,$%)#7$2% 8&7+4$%)#7$2% 9#"+4% :$7*+.$% " MISSION STATEMENT Short term aims 1 to 2 years Long term objectives 2 to 5 years Customers Products
More informationEconomics 212 Principles of Macroeconomics Study Guide. David L. Kelly
Economics 212 Principles of Macroeconomics Study Guide David L. Kelly Department of Economics University of Miami Box 248126 Coral Gables, FL 33134 dkelly@miami.edu First Version: Spring, 2006 Current
More informationResults for the Quarter Ended June 30, 2014 September 2014
Results for the Quarter Ended June 30, 2014 September 2014 Summary This is the first set of unaudited interim condensed consolidated financial statements for the quarter ended June 30, 2014, and accordingly
More informationGLOBAL INDIRECT TAX. Thailand. Country VAT/GST Essentials. kpmg.com TAX
GLOBAL INDIRECT TAX Thailand Country VAT/GST Essentials kpmg.com TAX b Thailand: Country VAT/GST Essentials Thailand: Country VAT/GST Essentials Contents Scope and Rates 2 What supplies are liable to VAT?
More informationWal-Mart in China: Rolling Back Labor Rights
Cornell University ILR School DigitalCommons@ILR Monitoring and Compliance October 2006 Wal-Mart in China: Rolling Back Labor Rights International Labor Rights Fund Follow this and additional works at:
More informationChapter 5: GDP and Economic Growth
Chapter 5: GDP and Economic Growth Be Mean Green! Please consider the environment before printing this Chapter Outline. It ll be available online throughout the semester. For Firms private accounting measures
More informationVAT guide should I register for VAT?
VAT guide should I register for VAT? associates ltd Should I register for VAT? This guide will give you an understanding as to whether you should register, what the various schemes are for small businesses
More informationJA BizTown Vocabulary
JA BizTown Vocabulary Unit 1 Community and Economy Citizen A member of a town, city, country, state or country. Community A place where people live, work, trade and share. Trade Exchange of goods and services,
More informationNew VAT Regime: Circular 37 Impact on Foreign Logistics and Shipping Industry
New VAT Regime: Circular 37 Impact on Foreign Logistics and Shipping Industry 1. Background and Impact On 24 th May 2013, the Ministry of Finance and the State Administration of Taxation issued a new VAT
More informationValue-Added Tax (VAT)
June 2015 MY SMALL BUSINESS Value-Added Tax (VAT) What you need to know www.sars.gov.za 0800 00 7277 Value-Added Tax Value-Added Tax (VAT) is an indirect tax based on consumption of goods and services
More informationSupply Chain Distribution Model: European Expansion. April 28, 2015 ISM NY Webinar Retail and Consumer Goods Industry Webinar
Supply Chain Distribution Model: European Expansion April 28, 2015 ISM NY Webinar Retail and Consumer Goods Industry Webinar 1 Objectives & Expectations By the end of this presentation, the expectation
More informationShip finance leasing in China
Ship finance leasing in China FINANCIAL INSTITUTIONS ENERGY INFRASTRUCTURE, MINING AND COMMODITIES TRANSPORT TECHNOLOGY AND INNOVATION PHARMACEUTICALS AND LIFE SCIENCES Jonathan Silver Of Counsel, Norton
More informationWhat happened so far?
Marcus Wassmuth June 15th, 2011 Use of CNY in International Trade Settlement German Chamber Shanghai Workshop Controlling Marcus Wassmuth, June 15th, 2011, Page 1 Titel der Präsentation, Referent, Seite
More informationFISCAL ASPECTS REGARDING TRADING COMPANIES IN ROMANIA
FISCAL ASPECTS REGARDING TRADING COMPANIES IN ROMANIA Author: Dragomir & Asociatii Law Office Law Firm: Dragomir & Asociatii Law Office Published on: August 2011 Updated on: August 2011 1. Premises In
More informationName: Address: Email Address: Best time to contact:
Vehicle Application ALL SECTIONS (INCLUDING THE ATTACHED BUDGET FORM) MUST BE COMPLETED FOR YOUR APPLICATION TO BE REVIEWED CONTACT INFORMATION Name: Address: City: State: Zip: County/Township: Day Phone:
More information1. Submit a Loan Request
Your company contracts with the Print Shop to do your printing. Anything you print today will print at the Print Shop. The Account Representative will go and get the printed materials. MasterCard CFO 1.
More informationBookkeeper Business Blueprint
Welcome! Bookkeeper Business Blueprint Bookkeeping Knowledge - Module 5 Introduction, Recap & Preview Knowledge Module 4 Review Accrual v. Cash Basis of Accounting Bookkeeping / Accounting Principles Fixed
More informationForm 6-K CHINA YUCHAI INTERNATIONAL LTD - CYD. Filed: May 14, 2012 (period: May 14, 2012)
Form 6-K CHINA YUCHAI INTERNATIONAL LTD - CYD Filed: May 14, 2012 (period: May 14, 2012) Report of foreign issuer rules 13a-16 and 15d-16 of the Securities Exchange Act Table of Contents 6-K - FORM 6-K
More informationFundamentals Level Skills Module, Paper F6 (ZWE)
Answers Fundamentals Level Skills Module, Paper F6 (ZWE) Taxation (Zimbabwe) December 2015 Answers and Marking Scheme Section A 1 D Prescribed rate of interest 1 5% + 5% = 6 5% Relevant loan $6 000 Taxable
More informationIndirect Tax Reforms in China
Indirect Tax Reforms in China VAT reform implications for consulting and advisory businesses in Shanghai December 2011 Lachlan Wolfers & Grace Xie Partners, KPMG China (based in Shanghai) Merger of BT
More information13 Any questions? Call your accountant. There are no stupid questions; it s stupid not to ask! E 5.000,00 E 2.500,00 E 30.000,00 E 2.
9 counting stock at least once a year (usually on December 31st or January 1st) the entire stock must be counted and the stock in hand has to be recorded; The stock is valued on the basis of the relevant
More informationInvestors day. Investors Day. Marketing and economics Vice President Benoit CARON. January 8 th, 2004. January 8th, 2004 Page 29
Investors Day Marketing and economics Vice President Benoit CARON January 8 th, 2004-29 - January 8th, 2004 Page 29 Products: Renault Trucks in the future - 30 - January 8th, 2004 Page 30 Renault Trucks
More informationA Guide to VAT. 02392 883337 info@boox.co.uk www.boox.co.uk
A Guide to VAT In this guide, we walk you through the different VAT schemes and explain how to comply with the relevant laws. 02392 883337 info@boox.co.uk www.boox.co.uk When you go self-employed, one
More informationUpgrade from Sage Instant Accounts v15
Upgrade from Sage Instant Accounts v15 Sage Instant Accounts 2014 is the market-leading software that puts you in control of your cashflow. Whether you re dealing with quotes and invoices, customers or
More informationTECHNICO HORTICULTURAL (KUNMING) CO. LIMITED
MANAGEMENT REPORT FOR THE YEAR ENDED 31 st DECEMBER, 2014 Your management submits its report for the financial year ended 31 st December, 2014. Corporate Information Technico Horticultural (Kunming) Co
More informationE-Commerce in China What you need to know from a structure and business point of view
E-Commerce in China What you need to know from a structure and business point of view Presentation by Klako Group Magento in Shanghai - November 2013 Consumer Profile & Behavior Chinese Online Shopper
More informationDOING BUSINESS IN AZERBAIJAN
DOING BUSINESS IN AZERBAIJAN CONTENTS 1 Introduction 3 2 Business environment 4 3 Foreign Investment 6 4 Setting up a Business 7 5 Labour 8 6 Taxation 9 7 Accounting & reporting 11 8 UHY Representation
More informationDetailed Rules of Tianjin Bohai Commodity Exchange for Spot Trading Clearing of Natural Rubber(RV)
Detailed Rules of Tianjin Bohai Commodity Exchange for Spot Trading Clearing of Natural Rubber(RV) Article 1 Article 2 Article 3 Article 4 Article 5 In order to standardize the clearing for the spot trading
More informationChapter 1 Legislative Background and Tax Reform
Chapter 1 Legislative Background and Tax Reform The Chinese tax system has recently developed closely to the economic growth of the country. The entry of China into the World Trade Organization (WTO) and
More informationMEASURING A NATION S INCOME
10 MEASURING A NATION S INCOME WHAT S NEW IN THE FIFTH EDITION: There is more clarification on the GDP deflator. The Case Study on Who Wins at the Olympics? is now an FYI box. LEARNING OBJECTIVES: By the
More informationUsing Cash Flow Tracker
Using Cash Flow Tracker About this guide This guide helps you understand the information provided in the Cash Flow Tracker. Important information This data is available to all CommBiz services, but user
More informationCHARGES CATALOGUE. For Individuals and Small Companies:
The Charges Catalogue includes the usual charges that are currently valid as well as upcoming charges with their implementation date. The Charges Catalogue is reviewed at fixed intervals and is being also
More informationGENERAL OVERVIEW OF TAXES, LEVIED IN UKRAINE
GENERAL OVERVIEW OF TAXES, LEVIED IN UKRAINE General information on the tax system of Ukraine For the purposes of further discussion we feel it appropriate to provide first brief overview of the tax system
More informationKevin Hayler. Where I m from
THE PROPOSITION Where I m from I ve worked in the Credit Card industry for over 17 years, starting in 1995 with Barclaycard as a Sales Manager, progressing through the ranks before moving to Bank of Scotland
More informationPaper F9. Financial Management. Friday 7 June 2013. Fundamentals Level Skills Module. The Association of Chartered Certified Accountants.
Fundamentals Level Skills Module Financial Management Friday 7 June 2013 Time allowed Reading and planning: Writing: 15 minutes 3 hours ALL FOUR questions are compulsory and MUST be attempted. Formulae
More informationMinistry Of Finance VAT Department. VAT Guidance for Financial Services Version 4: June 09, 2015
Ministry Of Finance VAT Department VAT Guidance for Financial Services Version 4: June 09, 2015 Introduction This guide is intended to provide businesses offering financial services with information about
More informationOpening and services for limited company (registration in HMRC and Companies House) - form to fill in, guide, prices
Opening and services for limited company (registration in HMRC and Companies House) - form to fill in, guide, prices Registration in Companies House: (price point 1) 1) Suggested company name (if name
More informationAn overview of using Hong Kong as a platform for trade and investment with China. Daniel Booth Director Vistra (Hong Kong)
An overview of using Hong Kong as a platform for trade and investment with China Daniel Booth Director Vistra (Hong Kong) Breda May, 2012 The role of Hong Kong A recognized and respected jurisdiction for
More informationBusiness 2019 Finance I Lakehead University. Midterm Exam
Business 2019 Finance I Lakehead University Midterm Exam Philippe Grégoire Fall 2002 Time allowed: 2 hours. Instructions: Calculators are permitted. One 8.5 11 inches crib sheet is allowed. Verify that
More informationShort Fund Guide. Prudential International Investment Bond International Prudence Bond
Short Fund Guide Prudential International Investment Bond International Prudence Bond Introduction This short fund guide gives you a list of funds you can choose from, an indication of the potential reward
More informationcondensed consolidated interim financial statements 2015
January march 2015 condensed consolidated interim financial statements 2015 (unaudited) contents 1. Income Statement 1 2. Statement of Comprehensive Income 2 3. Balance Sheet 3 4. Statement of Changes
More informationSAMPLE BUSINESS PLAN TEMPLATE <<COMPANY LOGO>> <<COMPANY NAME>> BUSINESS PLAN. <<Prepared by: >> <<Date>>
SAMPLE BUSINESS PLAN TEMPLATE BUSINESS PLAN Table of Contents Page Confidentiality Agreement ii 1) Executive Summary 1 2) Company Description
More informationExchange Rates: Application of Supply and Demand
Exchange Rates: Application of Supply and Demand ECO 120: Global Macroeconomics 1 1.1 Goals Goals ˆ Specific goals: Learn how interpret exchange rates. Learn how to use supply and demand to interpret exchange
More informationChina Customs Notice 36
China Customs Notice 36 The following is an English translation of Customs Notice Number 36 issued by the General Administration of China Customs and should be used as a reference only. The official Notice
More informationWorking Capital Improvement through Supplier Finance
Working Capital Improvement through Supplier Finance It s Not Just for Large Corporates Sean Corrigan Senior Vice President Head of Strategic Trade Solutions Wells Fargo International Trade Services 2015
More informationANSWERS TO END-OF-CHAPTER QUESTIONS
ANSWERS TO END-OF-CHAPTER QUESTIONS 7-1 In what ways are national income statistics useful? National income accounting does for the economy as a whole what private accounting does for businesses. Firms
More informationLogistikk og juss: Utfordringer i internasjonella forsyningskjeder. Logistikk-dagen 2011 Østfold, 2011-05-04
Logistikk og juss: Utfordringer i internasjonella forsyningskjeder Logistikk-dagen 2011 Østfold, 2011-05-04 Professor Andreas Norrman Dept of Industrial Management and Logistics Lund University, Faculty
More informationSPEAKER : SIMON CHEUNG Committee Member of Small and Medium Practitioners Committee, Hong Kong Institute of Certified Public Accountants
SPEAKER : SIMON CHEUNG Committee Member of Small and Medium Practitioners Committee, Hong Kong Institute of Certified Public Accountants STRUCTURE OFFSHORE FOR CHINA OPPORTUNITIES HONG KONG FORUM 2007
More informationCompany Taxation. There is no difference in treatment in determining the profits and income from any source of a company.
Company Taxation There is no difference in treatment in determining the profits and income from any source of a company. 1 Calculation of a tax payable for a company 1. Tax on Income taxable at special
More informationFollow-Up of IMF Mission Recommendations by the Iranian National Tax Administration
Iranian National Tax Administration (INTA) Follow-Up of IMF Mission s by the Iranian National Tax Administration Tehran, May 2012 1 I. Error! Bookmark not defined.error! Bookmark not defined.2009 IMF Mission
More informationEthical and environmental policy. Union of Brunel Students
Ethical and environmental policy Senior Management and Student Officers Version 2.0 November 2012 1 Contents Ethical and environmental policy 1. Introduction 3 2. Objectives 4 3. Environmental working
More informationADVANTAGES OF INCORPORATING A TRADING COMPANY IN HONG KONG AND STRUCTURING CHINA INVESTMENTS VIA HONG KONG
ADVANTAGES OF INCORPORATING A TRADING COMPANY IN AND STRUCTURING INVESTMENTS VIA Map of Guangdong province, China, and Hong Kong, SAR INCORPORATING A TRADING COMPANY IN & AT A SNAPSHOT CATEGORY Incorporating
More informationKYODO PRINTING CO., LTD. and Consolidated Subsidiaries
KYODO PRINTING CO., LTD. and Consolidated Subsidiaries Interim Consolidated Financial Statements (Unaudited) for the, Interim Consolidated Balance Sheets, as compared with March 31, (Unaudited) ASSETS,
More informationFundamentals of Marketing Management
Fundamentals of Management Dr. P.V. (Sundar) Managing World-Class Organizations What is? Process by which individuals and groups obtain what they need and want through creating and exchanging products
More information1.3 What is the cash accounting scheme?
Foreword This notice cancels and replaces Notice 731 (August 2008). Details of any changes to the previous version can be found in paragraph 1.2 of this notice. The legal basis for the cash accounting
More informationRANBAXY EGYPT COMPANY (L.L.C.) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 TOGETHER WITH AUDITOR S REPORT
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 TOGETHER WITH AUDITOR S REPORT Translation of Auditor s report AUDITOR S REPORT TO THE SHAREHOLDERS OF Report on the Financial Statements We have audited
More informationThe Sumitomo Warehouse Co., Ltd.
Consolidated Financial Results for the Year Ended March 31, 2014[ Japan GAAP ] May 13, 2014 The Sumitomo Warehouse Co., Ltd. Securities code: 9303 Stock exchange listings: URL: Representative: Inquiries:
More informationEcon 202 Section 4 Final Exam
Douglas, Fall 2009 December 15, 2009 A: Special Code 00004 PLEDGE: I have neither given nor received unauthorized help on this exam. SIGNED: PRINT NAME: Econ 202 Section 4 Final Exam 1. Oceania buys $40
More informationFinancing for Activity and Commercial Buses
Financing for Activity and Commercial Buses 01 Financing for Activity and Commercial Buses From shuttle bus to tour bus, and everything in between, Thomas Built Buses offers several bus options for the
More informationINDUSTRY OVERVIEW OUTSOURCING OF SOFTWARE DEVELOPMENT AND SERVICES
The information presented in this section and elsewhere in this prospectus relating to the software market of selective countries is derived from various publications and news reports. Such information
More informationHOW TO SET UP A BUSINESS IN SPAIN
ENTREPRENEUR S GUIDE FOR SPANISH MARKET HOW TO SET UP A BUSINESS IN SPAIN JUNE 2013 1 TABLE OF CONTENTS Introduction... 3 I. Developing Your Project to Create a Company... 4 1. Writing Your Business Plan...
More informationPRESS RELEASE DANIELI GROUP
Danieli & C. Officine Meccaniche S.p.A. Buttrio (UD) via Nazionale n. 41 Fully-Paid Share Capital of Euro 81,304,566 Tax Code and Registration Number with the Register of Companies of Udine: 00167460302
More informationMERCER WEBCAST Keeping Missionaries Pay Balanced Using Mercer s Cost-of-Living Compensation Data 21 MAY 2014. Kerry Jantzen Chicago
MERCER WEBCAST Keeping Missionaries Pay Balanced Using Mercer s Cost-of-Living Compensation Data 21 MAY 2014 Kerry Jantzen Chicago Today s Speaker KERRY JANTZEN Senior Associate, Global Mobility kerry.jantzen@mercer.com
More informationPRESENTATION ON FACTORING BY GLOBAL TRADE FINANCE LIMITED 19.06.2007. Global Trade Finance Ltd
PRESENTATION ON FACTORING BY GLOBAL TRADE FINANCE LIMITED 19.06.2007 o Incorporated in March 2001 o o o o ABOUT GTF India s first International Factoring Company RBI has accorded registration and Authorised
More informationWaste Electrical and Electronic Equipment. Information Document
Waste Electrical and Electronic Equipment. Information Document 10 th November 2009 Table of Contents 1. Electrical Waste Management Ltd. Introduction... 3 2. Services... 3 3. Compliance... 4 4. What is
More informationStudying Paper F6 Performance objectives 19 and 20 are relevant to this exam
RELEVANT TO ACCA QUALIFICATION PAPER F6 (UK) Studying Paper F6 Performance objectives 19 and 20 are relevant to this exam Value added tax (VAT): Part 2 This article is relevant to those of you taking Paper
More informationMarket Outlook. Arvid Moss and Erik Fossum. Capital Markets Day 2012 (1)
Market Outlook Arvid Moss and Erik Fossum Capital Markets Day 2012 (1) Balanced outlook for primary metal market Strong long-term demand projections China increasingly dependent on upstream imports Physical
More informationMonetary Policy Bank of Canada
Bank of Canada The objective of monetary policy may be gleaned from to preamble to the Bank of Canada Act of 1935 which says, regulate credit and currency in the best interests of the economic life of
More informationINTERNATIONAL PRODUCTION IN AUSTRALIA
INTERNATIONAL PRODUCTION IN AUSTRALIA GOODS & SERVICES TAX (GST) & CAST/CREW WITHHOLDING TAX GUIDE FOR FOREIGN PRODUCERS Prepared by Moneypenny Services in conjunction with Disclaimer The information has
More informationBusiness Revenue Loan Test Module
1) How would you explain to a client what a revenue based loan is? 2) What does a revenue based loan use for collateral? 3) What is a positive compensating factor? Give me 2 examples of positive compensating
More informationPaper F9. Financial Management. Friday 6 December 2013. Fundamentals Level Skills Module. The Association of Chartered Certified Accountants
Fundamentals Level Skills Module Financial Management Friday 6 December 2013 Time allowed Reading and planning: Writing: 15 minutes 3 hours ALL FOUR questions are compulsory and MUST be attempted. Formulae
More informationConsolidated Results for the First Quarter of the Fiscal Year Ending March 20, 2016
Consolidated Results for the First Quarter of the Fiscal Year Ending March 20, 2016 [Japan GAAP] July 21, 2015 Listed company name: YASKAWA Electric Corporation http://www.yaskawa.co.jp/en/ Representative:
More informationTraining and education based on business simulations. Minvydas Latauskas Head of Product Development
Training and education based on business simulations Minvydas Latauskas Head of Product Development Teaching and learning Teaching / educating Learning Education is the process of facilitating (making
More informationMeasuring GDP and Economic Growth
20 Measuring GDP and Economic Growth After studying this chapter you will be able to Define GDP and explain why GDP equals aggregate expenditure and aggregate income Explain how Statistics Canada measures
More informationSimon Frei. Profile. Head of Finance. optimization. CFO Finance Organization Reporting. Efficiency improvements. Managing Partner.
FS Partners AG Bahnhofstrasse 19 CH-9100 Herisau Tel. +41 71 351 1616 Fax. +41 71 351 4140 www.fspartners.ch Profile Simon Frei Managing Partner projects optimization Head of Finance Consulting SAP implementation
More informationINVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM
INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM Warsaw, February 2013 New Program Policy Orientation The year 2023 would be the centenary of Turkish Republic s establishment. Therefore we set up
More informationThe European PCB Industry in 2015 What is the future of our industry? Where are we going? Is the Future already written or can we change it?
Bernard Bismuth General Manager of CCI Eurolam The European PCB Industry in 2015 What is the future of our industry? Where are we going? Is the Future already written or can we change it? As a supplier
More informationCENTRAL BANK OF THE UNITED ARAB EMIRATES
مصرف الا مارات العربية المتحدة المرآزي CENTRAL BANK OF THE UNITED ARAB EMIRATES النشرة الاحصاي ية الشهرية - البيانات المصرفية والنقدية - ابريل Monthly Statistical Bulletin - Banking & Monetary Statistics
More informationHow To Understand Book Debt Finance In India
Chapter 7 Discounting. Factoring & Forfeiting Summary The financial service sector is developing at rapid pace in India. This is just because of the emerging needs of the economy. Many innovative schemes
More information