{{ languageVal }}
  • English
 

Analysis & Insights

Cayman and BVI: The Benefit for China in Times of Regulatory Change

15 Oct 2010

International investors into China have traditionally favoured structuring their investments via holding companies or special purpose vehicles domiciled in jurisdictions outside China. Structures for investment into China have often used a combination of both Hong Kong and offshore companies – with the Hong Kong company holding the shares in the PRC WFOE to take advantage of the lower withholding tax on dividends under CEPA and an offshore vehicle, typically incorporated in the Cayman Islands ("Cayman") or the British Virgin Islands ("BVI"), as the ultimate parent.

Please see the attached feature for further information. This was originally published in Hong Kong Lawyer in September 2010.

Related Services

Legal Services

Access to market leading legal advice across a wide range of industries and sectors is paramount to the success of businesses seeking international expertise with local support. The Maples Group's legal services teams are globally coordinated, with consistent systems, policies and procedures across all offices, and connected by a common goal: to deliver the highest quality advice and solutions to our clients. Offering an extensive range of legal services, we advise financial, institutional, business and private clients on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, delivering time zone convenience and accessibility from these and other leading key international financial centres. Through constructive dialogue and engagement with governments, regulators and industry associations, we have helped shape financial industry innovation and regulation in many of the jurisdictions in which we operate.

Corporate

Advising on the laws of the BVI, the Cayman Islands, Ireland, Jersey and Luxembourg, our global corporate team provides expert legal advice to corporate clients on all corporate commercial matters.  Our clients include major banks, multinationals and institutional investment firms, leading law and accountancy firms and a number of state / government entities across all industry sectors.