8th April 2010

Russell Brown Speaks at EUCCC Pearl River Delta Seminar on Compliance Challenges facing SMEs in China

BEIJING, 8th April 2010 – Mr. Russell Brown, Managing Partner of LehmanBrown International Accountants and a Fellow of the Chartered Institute of Management Accountants (CIMA) spoke on a range of compliance issues and challenges facing Foreign Invested Enterprises in Guangzhou and Shenzhen.

Hosted by the European Union Chamber of Commerce in China Pearl Delta office, the seminar discussed key taxation, accounting and compliance obligations for both business entities and individuals.

Mr. Brown commented:

"In response to China's rapid economic and business growth, new and revised laws are frequently being promulgated by the Chinese authorities. With a little foresight and preparation, companies can greatly minimise the impacts from sudden external regulatory changes."

The seminar took a comprehensive approach, and detailed the consequences of failing to comply, and provided updates on wider VAT and cross-border transaction regulations.

Particularly aimed at advising representatives of Small and Medium-sized Enterprises and individual business persons, the seminar provided examples of where companies had been investigated for their non-compliance and misconduct and practical tips.

"It is important that Small to Medium-sized Enterprises are aware of their filing requirements and of their compliance obligations. It is equally important that they are able to assess the various regulations relative to their own situation. Chinese regulations are well drafted to enable flexibility according to business situations or industries. There is often a fine line between business and ethics in China and it is therefore important that the directors of companies keep them within the boundaries of the regulations and are good corporate citizens," added Brown.

According to the SME Department of the Ministry of Industry and Information Technology, SMEs account for more than 99% of China's 10.3 million registered enterprises and the value of end products and services provided by SMEs makes up 60% of China's gross domestic product.

LehmanBrown International Accountants

LehmanBrown is a China-focused accounting, taxation and business advisory firm, combining international expertise with practical China experience and knowledge for both local and international clients.

The company operates through offices in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin and Hong Kong, which are staffed by a combination of Chinese and expatriate professionals. Staffing is currently around two hundred professionals throughout China, all of whom are English-Mandarin bi-lingual.

LehmanBrown is registered with the PCAOB in the USA. LehmanBrown is also an Accredited Employer and Training Partner of many top global accountancy institutes including the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA), the Institute of Chartered Accountants in England and Wales (ICAEW), the Hong Kong Institute of Certified Public Accountants (HKICPA) and CPA Australia. LehmanBrown was the first ACCA China-wide Approved Platinum Employer.

雷博国际会计与欧盟商会在深圳商谈中小型企业法规

2010年4月8日，北京 – 雷博国际会计总经理、同时也是英国皇家管理会计师公会 （CIMA）资深会员的博扬先生 于今日就一系列法规问题和外商投资企业面临的挑战问题在广州和深圳发表演说。

本次会议由欧盟商会珠江三角洲办事处举办，研讨会讨论了企业及个人均会涉及的有关税务、会计及法定义务等方面的主要问题。

博扬先生发表评论：

“在应对中国高速的经济和商业增长过程中，中国当局经常发布新增及修订法案。如果企业对此有一定的预见，则可以大大减少因外部监管法规的突然变化带来的影响。”

本次研讨会对此提出了综合解决方案，详尽的阐述了不遵守法规的严重后果，并提供了最新增值税和跨境交易规则。

尤其针对中小型企业和个体工商业者，本次研讨会提供了企业因不遵守法律法规和不正当经营而被调查的实例。

“重要的是，中小型企业都应该知道他们的申报义务和履约义务。这和他们评估与其业务情况相关的各项规定是同等重要的。中国的法规起草得很好，使之可以灵活运用于各种商务情况或行业。它就如同一条划在商务和道德之间的无形的线，因此，企业领导保持其企业运行在合法范围之内，保持良好的企业形象就显得尤为重要。” 博杨先生补充道。

根据信产部中小企业司统计，在中国1千零30万注册企业中，中小企业超过99％，而中小企业提供的高端产品和服务价值，占中国国内生产总值60％。

雷博国际会计

雷博国际会计是一家主要从事有关中国范围内会计、税务和财务咨询服务的公司，综合多年的国际经验和对中国市场的深刻理解和体验，我们向广大国内外客户提供高品质的专业服务和支持。

雷博国际会计在北京、上海、天津、深圳、广州、香港均设有办事机构。每个办事机构均由通晓中英文双语的中、外籍专业人士为客户提供服务。目前公司有直接雇员200余人。

雷博国际会计是少数于美国公众公司会计监督委员会注册且有能力从事与美国证券交易委员会相关的工作的中国注册会计师事务所， 并且是以下会计职业机构的认可雇主和培训机构:英国特许会计师公会认可白金雇主, 英国特许会计师公会认可职业发展雇主, 英国皇家特许会计师公会培训伙伴, 英格兰及威尔士特许会计师公会授权培训机构, 澳大利亚会计师公会雇主俱乐部会员, 香港会计师公会授权雇主.