On August 31st, the new IIT law was finalized and will officially be in place from January 1st, 2019. Furthermore, the tax authorities will take over the responsibility for collecting social insurances starting from the same date. These two new policies have triggered heated public discussion, and it will also bring new challenges to enterprises.
Under the invitation of The Danish Chamber of Commerce (DCCC), tax expert Ms. Lucy Dai of Lee & Lee Associates held one tax seminar for the chamber members. She talked about key points of IIT updates, key points of social security updates, potential challenges that may occur in the near future and how companies should prepare to protect themselves. As always, Ms. Lucy Dai’s speech was practical and full of interesting case studies.
The discussion was deep and members asked a lot of questions. DCCC appreciated Ms. Lucy Dai’s wonderful lecture and looked forward to more cooperation with Lee & Lee Associates in 2019.