Buying a state-owned enterprise can be a challenging ordeal for a foreign acquirer. To navigate the auction process successfully, a bidder must understand how it is structured and devise a strategy
At this year's China Outbound Summit, held in Beijing on September 16, nearly all of the panelists highlighted the importance of properly planning for post-merger integration (PMI). As China's appetite for overseas buying grows and PRC companies increasingly roam offshore for targets, it is imperative they consider PMI details earlier along the deal course and allocate sufficient resources to PMI-planning
The Measures detail the administration of general tax treatment of enterprise re-organisation, the administration of special tax treatment of enterprise re-organisation, and the tax administration of cross-border re-organisation.