Over the past decade, Chinese investment worth more than £50bn has flowed into the UK. It is perhaps not surprising that the UK is the largest target country for Chinese investment in Europe. UK manufacturing, hospitality, technology and property sectors have all received investment from China for many years.
Our China desk will support you – whether you have a strong and stable UK base from which to expand, or are a Chinese company looking to establish itself in the UK.
Lead by a team of native Mandarin speakers, we understand Chinese business culture and are committed to help you achieve your ambitions in the UK and beyond. We spend significant time in China with our clients to ensure that we understand their business and their needs. We have an extensive network of adviser contacts, including legal and financial advisers who specialise in advising Chinese businesses. This includes, strong links with the UK Department of International Trade and the China-Britain Business Council. We will work closely with their experts – and teams across the PKF International network – to support your business, giving you access to expertise wherever you do business.
For established businesses, we will provide robust audit and tax compliance to support your UK investment, and work closely with PKF offices across China and beyond to support your global business.
If you are investing in the UK for the first time, we will help you understand the complexities of the business environment, and the legal and regulatory regime, and advise you on your corporate structure. Once established, we will ensure you comply with UK tax including payroll and social security obligations, statutory filing and financial reporting requirements, and the statutory audit regime.
We also understand that people matter. Our tax and social security advice will help you understand your obligations as a UK employer and mitigate the risk that you and your team do not become subject to UK tax authority investigations. For companies planning expansion from China, it is important to make sure that your employees are supported. Our global mobility team can help you structure their employment in the most efficient way and help you – and them – understand the tax obligations.
If you are looking to invest in a UK business or grow through acquisition, our transaction advisory team will support you throughout the transaction from due diligence to integration advice, and ensure you are structured to maximise growth and manage the risks, including tax.
If your ambition is to list your Chinese business, our capital markets experts will help you navigate the IPO process, drawing on our extensive experience of listing Chinese businesses in the US, UK and other European exchanges.