ICS TRUST (ASIA) LIMITED is pleased to announce the appointment of Margaret A. Grice as the ICS TRUST representative in Canada. Margaret is a graduate of the Ivey School of Business, University of Western Ontario and has over 20 years of work experience with the TD Bank Financial Group. She brings valuable expertise from her role as Vice-President & Director of Global Trade Finance,... Read Article

ICS TRUST (ASIA) LIMITED is pleased to announce the strengthening of its management team in Hong Kong with the appointment of Callan Anderson as its new General Manager. Mr. Anderson joins ICS TRUST from Hong Kong based Gemini Personnel Group and commenced his new role in November, 2011. Bringing with him over 20 years of valuable experience in management and consulting, Callan is a... Read Article

An effective tool for making international investments in China is to manage those investments through holding companies or similar special purpose vehicles located outside of China. For instance, one common approach for investment into China has involved using a combination of offshore and Hong Kong companies. The attraction of such a structure is that the Hong Kong company would hold... Read Article

China’s state council has approved a pilot program that aims to replace the existing turnover tax with a value-added tax (VAT). While the pilot program starts January 1st 2012 in Shanghai, it is considered a prelude to a significant overhaul of the country’s tax regime, with the intention of producing a fairer economic system. This initial phase involves replacing the turnover... Read Article

While China continues to develop its intellectual property (IP) rights governance rules, its historical problems in protecting these rights mean significant numbers of international observers still consider China untrustworthy. The fact China is having trouble shaking off its poor image was demonstrated in a recent survey that polled 1,000 companies with more than 500 employees each. More... Read Article

In a recent study carried out by the World Bank, ranking countries by “Ease of Doing Business”, Hong Kong claimed an impressive second place, while China ranked only 91st out of 183 countries. In its annual survey, the World Bank looked at the commercial environment for domestically owned manufacturers with 10 to 50 workers. It investigated how governments provide structures... Read Article