As China becomes increasingly important in global economic terms and retains huge potential for growth, the region continues to represent a significant opportunity for trade and investment both into and from Europe. Unlike the other international networks that focus on the Fortune 500 companies entering the Chinese market, BDO in China has developed into the number one service provider to local Chinese entrepreneurs and State Owned Enterprises.
o support businesses with this trend and to leverage on its unique position in China, BDO has launched the Belgium China desk to respond to the increasing market demand of Chinese companies intending to invest and operate in Belgium. Likewise, Belgian companies that wish to enter Chinese market can also call upon the expertise of BDO’s Belgium China desk. Comprising both native Belgian and Chinese professionals in-house, we are able to assist Chinese and Belgian companies and effectively bridge the language and cultural gap based upon our significant experience and knowledge of executing China business strategies over the short, medium and long term. Together with close collaboration with our BDO member firms in the Greater China Region, the China desk team provides co-ordinated expertise and support across our key advisory, planning and compliance services:
- Corporate Finance
- IPO advisory and reporting accountant work
- Mergers and acquisitions
- Financial and operational due diligence
- Financial plan preparation
- Local accounting compliance
- Corporate housekeeping
- International (working together with BDO Luxembourg)
- Business Outsourcing Advisory
- Audit and Assurance
- Forensic investigations
- Business Restructuring.
For established companies, our wide range of services noted above is available to support ongoing development and growth.
For China businesses considering a move into Belgium, we can help with identifying suitable take-over targets, negotiations with management, pricing structures and funding arrangements, financial and operational due diligence, valuations – as well as corporate incorporation, ongoing compliance support, in particular providing continuity of audit and taxation services.
For businesses considering a move to Greater China, we can help you think through matters such as overall strategy and objectives, supply chain and market perspectives, deciding on the right corporate structure and investment strategy, tax planning matters, choosing the most appropriate location, recruiting senior management, selecting and implementing financial reporting systems and generally providing significant support and assistance to what can be a difficult process.
The Desk and the BDO firms in China, Hong Kong and Taiwan have a network of excellent local connections, and are also available to support companies with aspirations in other South East Asian countries.
The Desk also has a close link with European China desk, as such offering global service packages together with our colleagues of the European BDO network.