PRC REAL ESTATE TRANSACTIONS –  HOW TO DEAL WITH THE CIRCULAR 7 TIME BOMB

Co-host

An ANREV briefing was successfully held on 15 June at Mayer Brown JSM's office on the practical use of Circular 7 which replaced Circular 698 in February 2015. In the briefing, Mr. Pieter de Ridder and Mr. David Ellis talked about the changes, how these affect property transactions in practice and things that the buyer and seller should look out for in the documentation.

We would like to thank you for our co-host Mayer Brown JSM.

Details
Date	: Monday 15 June 2015
Time	: 12:30 registration (with light refreshment)
	13:00 -14:00 (presentations)
Location	: Mayer Brown JSM Offices, 18/F., Prince’s Building, Central,
	Hong Kong
CPD points	: Being applied for
Speakers	: David Ellis, Partner, Mayer Brown JSM
	Pieter de Ridder, Partner, Mayer Brown LLP

Speakers’ bio follows:

	David Ellis Partner Mayer Brown JSM   David’s work focuses on private equity transactions, mergers and acquisitions, joint ventures and commercial transactions with particular emphasis on the real estate sectors.   He is noted being “very easy to deal with” (Asian In-House Handbook (2003/04)) and is recommended by the Asia Pacific Legal 500 (2010/11) and considered by them to provide “a helpful dose in cynicism and coolness, combined with a high level of efficiency”. He is listed as a leading lawyer for private equity by IFLR1000 (2014) and was nominated as one of Asia’s leading lawyers in the real estate sector by Asialaw Leading Lawyers (2011).
	Pieter de Ridder Partner Mayer Brown LLP   Pieter is a member of the Global Tax Transactions and Consulting Group. Pieter has over two decades of experience in Asia advising multinational companies and institutions with interests in one or more Asia jurisdictions on their inbound and outbound work.   Prior to arriving in Singapore in 1996, he was based in Jakarta and Hong Kong. His practice focuses on advising tax matters such as direct investment, restructurings, financing arrangements, private equity and holding company structures into or from locations such as mainland China, Hong Kong, Singapore, India, Indonesia and the other ASEAN countries.   Pieter regularly advises on the tax aspects of mergers and acquisitions, capital markets transactions, private equity, administrative actions and tax rulings, coordinating unilateral and bilateral advance pricing arrangements, tax incentive negotiations with investment authorities, maritime, structured finance, trade, contract manufacturing, shipping as well as regional property investment structuring. In Indonesia, he advises on direct investment and financing matters. He also regularly advises on investment and restructuring matters into India, including tax strategies vis-à-vis India’s General Anti Avoidance Rule, and his work involves advising on the coordinating tax matters for clients doing business in Malaysia, Thailand, Vietnam, Myanmar and the Philippines. He is a member of the Think Tank of advisers to an Indian law firm in connection with the proposed India Draft Corporate Tax Code legislation.   Chambers Global (2015) notes that “Singapore-based Pieter de Ridder advises a wide range of Asian and Dutch clients on a variety of tax mandates” and he is ranked as a “Tax – Netherlands (Experts Based Abroad) Singapore”. He is known for his "long-standing experience" in the Asian market and is a "trusted source of advice" on local tax planning and deals and listed as one of five most highly regarded individuals in Asia by The International Who’s Who Legal: Corporate Tax (2013).