Target audience

CFOs, Business owners, Finance Directors, accountants, and financial executives from all industries who have an interest in corporate finance and profit optimization from China.

100% Online delivery

The course is designed to be completed fully online enabling students to continue working during the course.

Literature

The course covers all literature essential to acquiring the fundamental knowledge for performing investment into China.

Duration

The standard duration of the course is 4 weeks based on an average time commitment of 4 hours per week.

Objectives

• Develop a deep understanding of the preconditions for effecting dividend payments from mainland China.
• Learn how to calculate net dividends payable to your offshore parent company.
• Gain an in-depth understanding of the payment procedure and timeline.
• Determine whether Double Taxation Agreements between China and your country are in place, and what effect these might have on the overall tax burden.
• Learn how your organization might become eligible and how to apply for tax treaty benefits.

Unit 1: Introduction

The first unit provides an orientation to the course and the online learning environment. The unit does not carry credits. You are encouraged to go through the materials at their own pace to get accustomed to the online medium.

Unit 2: Processing Dividend Payments

Payment of dividends is most commonly applied by organizations to repatriate profits made by their Mainland China-based subsidiary to the offshore parent company.

This unit discusses how organizations can process dividend payments in detail. First the preconditions that organizations must meet to be able to effect dividend payments are discussed, followed by the calculation of net dividends as well as the applicable payment procedure that has to be complied with.

Unit 3: Taxation of Outbound Dividend Payments

Depending on the bilateral agreements between China and the contracting country or non-state tax jurisdictions, generating income in China has tax implications which might affect the overall tax burden of both the China-based subsidiary company and the foreign parent company.

In this unit the liabilities related to Corporate Income Tax and Withholding Tax are discussed, as well as the requirements organizations have to meet to become eligible to reduce the liability.

Unit 4: Eligibility for DTA Benefits

In many of the Double Taxation Agreements concluded between China and foreign countries, non-state tax jurisdictions or regions, preferential withholding tax rates for income out of dividend sourced from China are only applicable when the recipient holds a beneficial ownership status over the relevant income. A “Beneficial Owner” refers to a person who has ownership over and the right to control income, or the rights or properties that generate such income.

Unit 5: Application for DTA Benefits

In recent years, the policy and procedure for the application of Double Taxation Agreement benefits has been updated multiple times, each time relaxing the reporting and approval requirements.

In this unit the latest regulations on application for bilateral tax treaty benefits which entered into effect per 1 January 2020 as well as the requirements organizations need to meet are discussed in detail.

No specific prior education or knowledge is required to be admitted to this course.

Assessment

Assessment is carried out through a series of written assignments to be completed at the end of each unit.

Certificate of Completion

A Certificate of Completion is issued upon the successful completion of the course.

Tuition fee

Tuition fee for the entire course is EUR 499 to be paid in advance.

The tuition fee includes all necessary literature and study materials, guidance and support during your studies, free extension of the study duration (if required), and 1:1 contact with your course professor.

Start date

Open enrollment applies to this course. You can start this course at a timing of your own convenience.