Investors and exporters to China advised to study tax-related laws

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BANGKOK, 14 July 2012  – Mr. Paisan Youngsomboon, a leading executive in the food and agricultural industry, of Charoen Pokphand Group Company Limited, China, has urged those who are set to invest in China or plan to export to the country to look into tax incentives proposed by the Chinese government.

Mr. Paisan advised potential investors and exporters to study the laws pertaining to economy in China, particularly laws regarding taxes and duties. He also recommended a careful study into the types of business that one should invest in in China. Thai investors are urged to focus on businesses supported by the Chinese government, such as agricultural businesses, public utilities, and businesses that help to conserve the environment.

He also suggested prior studies into locations of investment and business structure as the right selections will enable investors to benefit from tax exemption or privileges.