On January 15, 2025, the first annual conference of AirTax Global, themed “Chinese Enterprises Going Global - Experience Sharing of Overseas Chinese Tax and Finance Experts and Enterprises,” was held at the International Tax Consultant Building in Qianhai, Shenzhen. The event was organized by AirTax Global, with the guidance of the International Development Committee of the Chinese Certified Tax Agent Association, the Shenzhen Overseas Exchange Association, and the Shenzhen Certified Tax Agent Association. It was co-organized by ChungRui Tax Group, Huameng Tax Cloud, and the Shenzhen Branch of China Construction Bank.

More than 20 tax and finance experts from member and partner institutions of AirTax Global, representing China, the United States, Australia, the United Kingdom, Germany, the Netherlands, and several countries along the “Belt and Road,” as well as representatives from major enterprises, gathered to discuss the establishment of the “Global Chinese-Speaking Accountants and Tax Consultants Alliance,” investment strategies for Chinese enterprises going global, and tax and finance compliance management. The discussions took place both online and offline.

Mr. Guo Xiaolin, Vice President of the Chinese Certified Tax Agent Association and Director of the International Development Committee, Mr. Liu Xin, President of the Shenzhen Overseas Exchange Association, Mr. He Jiajun, Chairman of the AirTax Global Alliance, and Mr. He Yuanquan, Chairman of ChungRui Tax Group, attended the event and delivered opening remarks.

Mr. Liu Xin expressed his support and encouragement for the exploration of establishing the “Global Chinese-Speaking Accountants and Tax Consultants Alliance.” He stated that the establishment of the alliance would help provide Chinese enterprises with comprehensive “legal, tax, and finance” services, promote in-depth cooperation with overseas tax and finance experts, and jointly assist Chinese enterprises in facing the challenges of the international market. He hoped that the experts present could fully leverage their professional strengths to become an important force in helping Chinese enterprises go global.

Mr. He Yuanquan, on behalf of the Chinese members of the AirTax Global Alliance, extended a warm welcome to everyone. He said that the gathering at the Qianhai Tax Consultant Building was not only to celebrate the first annual conference of AirTax Global but also to create a platform for enterprises that have gone overseas and those that are about to, to exchange ideas. Against the backdrop of the current global economic integration, Chinese enterprises going overseas has become an inevitable trend of the times. Faced with the saturation and competitive pressures of the domestic market, enterprises need not only to meet challenges but also to seize opportunities to achieve global layout and development. The establishment of AirTax Global is a response to the call of the times. We are committed to building a global tax and finance service platform to help enterprises achieve stable development globally through tax planning, risk assessment, and compliance services, becoming an enabler of international success for enterprises.

During the roundtable sessions, Chinese and overseas experts held three lively panel discussions. Experts from the United States, Australia, Germany, and the United Kingdom shared their experiences in providing professional services to Chinese enterprises locally, especially the challenges brought by cultural, legal, and commercial differences that Chinese enterprises encounter in these countries.

Experts from Vietnam, Cambodia, Indonesia, the UAE, and Saudi Arabia shared the tax policies of these countries and regions, as well as the incentives and support available to Chinese enterprises investing and operating there under the “Belt and Road” Initiative. They also highlighted the risks and compliance requirements that need attention.

Experts from Hong Kong, China, Singapore, and the Netherlands discussed the differences and advantages of establishing overseas investment holding platforms for Chinese enterprises in these locations, including comparisons of tax systems, tax treaties, and the latest tax preferential policies, as well as matters that require special attention in the complex international environment.

Going forward, ChungRui Tax Group will continue to deepen close cooperation and extensive exchanges with international tax service organizations to contribute to the development of the international tax industry.