Exclusive insight tour at Würth Arnold Fasteners (Shenyang) Co., Ltd. and a comprehensive analysis on the actual advantage and practical implications of the new Chinese tax support by bdp.

28.10.2025

Date + Time: 2025-10-28, 2:30 - 6:30 PM (CST)
Location: Würth Arnold Fasteners (Shenyang) Co., Ltd., No. 119-2 Jianshe Road Dadong District, Shenyang 
Language: English + Chinese
Hosts: German Chamber of Commerce in China, Würth Arnold Fasteners + bdp China
Info + Registration: www.bagevent.com/event/9091857

Facing the Numbers: Comparative Overview of the Financial Reporting Frameworks in China and Germany & China´s New 2025 – 2028 Tax Support & Profit Reinvestment Policies - for German SMEs in China

Join us for an exclusive insight tour on October 28, 2025 at Würth Arnold Fasteners (Shenyang) Co., Ltd. together with Mr. Reiner Haberstock, Würth Arnold Fasteners' General Manager, to learn more about Würth's history, production lines, and more.

In this session, we are very happy to have Dr. Michael Bormann, CEO/Tax Advisor of bdp Group, Jennifer Lv, CICPA/Partner of bdp China and Ricky Ma, Head of Tax Team of bdp China, who will provide a comprehensive analysis on the actual advantage and practical implications of the new Chinese tax support & reinvestment policies with a brief introduction to the finance frameworks in China and Germany.

Together with AI Auditor, Dr. Patrick Bedué from bdp Berlin, who will elaborate on how China´s latest tax incentives provide a governance case study reflecting the divergent logics of AI auditing in China and Germany. 

Dr. Michael Bormann, Jennifer Lv, Ricky Ma and Dr. Patrick Bedué drawing on bdp's extensive practical experience in finance and taxation in China and Germany and classic case studies, will answer your questions and show how foreign companies in China improve their financial and tax compliance.

Workshop Highlights

  • Comparative overview of the financial reporting frameworks in China and Germany, with a focus on financial statement comparison, preparation methods, and key considerations for financial statement conversion.
  • Introduction to the Double Taxation Agreement (DTA) between China and Germany, covering its impact on Corporate Income Tax (CIT) and Individual Income Tax (IIT), illustrated with examples
  • China’s new tax incentives for reinvestment 
    (deferral of withholding income tax and tax credit policy)
  • Governance in practice: contrasting approaches to AI auditing in China and Germany
    (regulatory logics & policy cultures - „centralised/quickly“ vs „decentralised/transparent“)

Agenda

2:00 – 2:30 PM: Event sign in at Würth Arnold Fasteners 

2:30 - 2:35 PM: Welcome Adress German Chamber and Würth Arnold Fasteners Shenyang (as host) 

2:35 – 3:15 PM: Plant tour

3:15 – 3:30 PM: Coffee break

3:30 – 4:30 PM: Chinese Tax & Finance Workshop by bdp

4:30 - 4:45 PM: Q&A + Free Discussion

4:45 – 5:15 PM: Self-Transfer to Restaurant (Restaurant will be announced later)

5:15 - 6:30 PM: Business Dinner & Networking 

Please register here:

https://www.bagevent.com/event/9091857

Speakers 

Reiner Haberstock

Reiner Haberstock
General Manager Würth Arnold Fasteners (Shenyang) Co., Ltd.

Dr. Michael Bormann

Dr. Michael Bormann

Tax Consultant/bdp Founding Partner and CEO of bdp Group

Jennifer Lv

Jennifer Lv 

CICPA and Partner of bdp China 

Ricky Ma

Ricky Ma

Head of Tax Team of bdp China

Dr. Patrick Bedué

Dr. Patrick Bedué

IT-Auditor (IDW) of bdp Berlin 

About bdp 

bdp was founded in Berlin in 1992 and combines law firm (Sozietät), auditing company, management consulting company and procurement company for mechanical components. Up to date, we opened 14 offices in Europe and China and have more than 135 partners and people. bdp Management Consulting (Tianjin) Co., Ltd. was established in Tianjin in 2013 and has offices in Shanghai and Qingdao. We offer German, Austrian and Swiss SMEs a broad range of services in the realms of company establishment, financial accounting, auditing, tax, legal advice, employee dispatch and Sino-German M&A. Further, our bdp China Desk consists of qualified auditors, tax consultants, management consultants, lawyers and bookkeepers in Germany and China. We currently serve 100 German, Austrian and Swiss companies from automotive, manufacturing, chemical, energy, automation, machine, medical, banking and financial sectors in China.