On July 3, 2019, the German-Chinese Business Network hosted a full-day seminar for Chinese investors and entrepreneurs in Krefeld. ECOVIS contributed a presentation on “Setting a business in Germany”. After a welcome address by Krefeld´s mayor, Ms. Zhiruo Zhao of ECOVIS Beijing delivered a presentation as a guest speaker on German taxes.
Ms. Zhao started by introducing the most common German company legal forms and their tax liabilities. She then outlined the most important taxes for German companies: income tax, corporate tax, trade tax, value added tax and withholding tax. The presentation concluded with tips on tax structure planning in order to minimize the company´s tax burden. Ms. Zhao explained how we can help companies plan their tax structures taking into account the bilateral tax treaties and the tax environment in Germany and EU.
After the presentation, ECOVIS Beijing advised interested participants in Chinese, German and English. ECOVIS Beijing´ business advisory assistants, Tim Frenzel (photo) and Niklas Gerberding, supported Ms. Zhao in this task.
Business Development Manager
Zhiruo Zhao is a manager in our business development and marketing team. In our Heidelberg office, she is the primary contact person for Chinese and international customers who she supports in their endeavors to master the challenges of the German market. Ms. Zhao focuses on areas such as company formation, labor law, human resource management and German VAT compliance for e-commerce sellers. Ms. Zhao teaches Chinese law at SRH Hochschule Heidelberg as a guest lecturer.
Ms. Zhao has been living in Germany for 9 years. She studied in Chongqing (China), Osnabrueck and Heidelberg. Before joining Ecovis Beijing in 2016, she worked for a marketing research company in the field of marketing and data analysis. Previously, she worked on several projects for the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH in China and Germany. Ms. Zhao speaks Chinese, English, German and Spanish.
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