Benelux giant Loyens & Loeff has ramped up its focus on China with a series of seminars targeting inbound Chinese instructions.
The first was held over the summer and the latest was in Shanghai and Beijing on 24 and 25 November respectively. Titled ‘How to minimise your global tax burden’, the seminar was hosted in association with White & Case.
The Netherlands remains a highly desirable destination for international corporates’ HQs thanks to its favourable tax regime, and Loyens is seeking to capitalise on that fact. The firm, which is particularly known for its tax expertise, believes it is uniquely positioned to capitalise on the growth in outbound Chinese instructions thanks to its tax capability and global reach.
“We’re a very early mover for a Continental firm,” claimed Loyens partner Ewout Stumphius, who attended both seminars. “You can’t but be enthusiastic about the opportunities we’ll have there. It’s such a vibrant market and everyone’s talking about it, but we’re doing it.”
Loyens has already advised Chinese clients on tax structures, relocating company HQs, commercial contracts and establishing holding companies in the Netherlands. It is now working on an M&A deal for a Chinese company acquiring a Dutch company, although Stumphius would not name either.