Showcases

Showcases

In 2026

Assisted an EU pharmaceutical group in structuring and negotiating an R&D agreement with a Chinese group that successfully secured an exemption from China VAT. Through careful alignment of the contract terms with applicable regulatory requirements, the engagement delivered seven-digit USD savings for the client. The matter required close coordination across legal, tax, and commercial work streams to ensure the agreement withstood scrutiny.

Assisted a Chinese online retailing group with its market entry into EU, advising on the requirements for establishing an online retailing company. The engagement covered the direct and indirect tax obligations arising from retailing and warehousing services in EU. We assisted to address the cross-border issues in corporate income tax, VAT registration and compliance, and permanent establishment risks associated with operating a local warehouse.

Assisted a German automotive group in defending a transfer pricing audit. The RMB 400 million tax exposure was successfully reduced to RMB 9 million through preparing benchmarking analysis, functional and risk profile alignment, and a defence file. The matter required close coordination across the client’s HQ and local team to respond to tax authority inquiries and attended it hearings.

Assisted an MNC in structuring an offshore trade model that enabled smooth and prompt foreign exchange payments to its overseas suppliers and efficient collection of payments from overseas customers. By leveraging the latest policies of the Shanghai bonded zone, the structure streamlined cross-border fund flows, reduced settlement delays, and enhanced the client’s overall treasury efficiency.

In 2025

In mid-July, we successfully co-organized the “International Tax Law Summer Program” with Xiamen University’s China International Taxation Research Institute, attracting participation from over 70 tax professionals and industry experts for an intensive examination of global taxation frameworks. This is the annual event that we have run for 12 years in Xiamen University campus.

We provided comprehensive restructuring advisory services to a leading German corporation regarding its China operations, developing and implementing a detailed five-year transition plan supported by operational simulations and financial stress testing to ensure business continuity and competitive positioning.

Our cross-border tax advisory team delivered tailored solutions for multiple clients, including developing an optimized personal income tax strategy for a multinational company CFO and restructuring contractual arrangements for a Hong Kong-based film actor to enhance compliance while improving financial outcomes.

In a significant international collaboration, we facilitated a strategic R&D partnership between a UK pharmaceutical company and Chinese research institutions, implementing an efficient royalty payment structure that resulted in approximately RMB 2 million in VAT savings each year while establishing a foundation for long-term scientific cooperation.

In 2024

We have compiled over 60 China transfer pricing documentation (TPDs) for various MNCs.

We conducted a global training in six online sessions on permanent establishment (PE) to WTS’s global affiliates, with over 200 attendees.

We assisted a fashion group to reshuffle its supply chain in China, involving the usage of a bonded zone.

We assisted a group to conduct an extensive finance due diligence (FDD) and tax due diligence (TDD) against a natural gas plant in Norther China.

We conducted a research project regarding China’s export control regime and its recent penalty cases.

We conducted a comprehensive research project regarding the recent China GAAP compliance requirements for Chinese banks.

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