A : → HiIt looks that you are probably having TP risk. More important, the China taxation authorities are strengthening the TP audit in the foreign invested companies. There are huge cases that tax officials request the FIEs to do tax adjustment and pay income tax.For TP study and benchmarking purpose, you can go to the stock marketexchange report and do the analysis from these listed companies as this is one of the ways you can see other company's financials without a help from a professional firm.
Q : → My company produces telecommunication products in China factory. HK company sells to overseas subsidiary at 12% mark up on cost, while theoverall profit is about 20% when sold to end customers. As I cannot afford to hire a professional firm to do a research for me, is there any way I can do research myself for bench-marking in industry? Thanks in advance.
A : → The TDC have subscribed a number of online databases on markets and industries profiles in Hong Kong and its major trade partners exclusively for reference and research by the Centre's visitors. We are quite sure there are some useful materials on China's telecommunications industry, and also there are printed references too. Please visit the TDC Business InfoCentre and request for assistance.
