WKO Advantage Austria: Ecovis China are trusted experts for Chinese legal, tax and financial insights – a case study

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Challenge

WKO Advantage Austria (WKO is the Austrian Economic Chamber), the leading organisation supporting Austrian businesses abroad, is at the forefront of providing in-depth information and strategic insights into various international markets. Their focus is on promoting economic connections and assisting Austrian companies in their global expansions. However, they needed access to deep expertise in the Chinese market to provide comprehensive guidance to Austrian companies seeking to do business in China, particularly regarding tax, accounting, and bookkeeping regulations.

For more than two decades, Ecovis, especially the Partners Richard Hoffmann and Pingwen Hu, have been pivotal figures in our legal, tax, accounting and auditing consulting network. Their commitment and comprehensive support have solidified them as trusted allies for our organisation. Their extensive expertise and deep understanding of the Chinese business landscape ensure that the tax guide is not only comprehensive and accurate, but it is also presented in a highly accessible manner, contributing to its widespread popularity among readers. We are very grateful for the continued support and professionalism exemplified by Mr Hoffmann and Ms Hu. — Dr. Michael Berger, Commercial Counsellor, WKO Advantage Austria

WKO Advantage Austria ECOVIS International

Solution

By leveraging the global Ecovis network with its specialist expertise, WKO and Ecovis have together created the China Specialist Report – Taxes and Accounting (China Fachreport – Steuern und Buchhaltung), which offers in-depth insights and updates on tax, accounting, and bookkeeping in China. This collaborative effort was led by partners Richard Hoffmann and Pingwen Hu from ECOVIS Richard Hoffmann Law Firm & ECOVIS Ruide Shanghai. The report has been developed with comprehensive expertise and deep understanding of the Chinese business landscape to ensure it is not only comprehensive and accurate, but also presented in a highly accessible manner.

Results

The China Specialist Report has been an indispensable tool for companies operating in the Chinese market for over a decade. The positive feedback from WKO Advantage Austria underlines ECOVIS' commitment and professionalism in supporting clients in their international business endeavours. The report has achieved widespread popularity among readers seeking guidance on Chinese tax and accounting matters.

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