Businesses in Exeter should be taking advantage of the opportunity to both import from and export to China.
That was the message from a conference entitled ‘Working with China’. More than 50 businesses attended the event, organised by accountants Old Mill, solicitors Ashfords and HSBC Bank to hear financial and legal experts talk about the opportunities and issues surrounding trade with China.
Keynote speaker was Russell Brown, chairman of the British Chamber of Commerce in China and founder of accounting, taxation and business advisory firm LehmanBrown.
Old Mill’s head of tax Elaine Kinsella offered a detailed insight into the importance of creating the right company structures for operations trading in Britain and China.
Mark Lomas and Jonathan Sharp, of hosts Ashfords, explained that with the right approach it is possible for British companies to protect their intellectual property.
Mark Peters, director of indirect taxation at Old Mill, said: “Working with China is a challenge that Westcountry businesses seem keen to grasp with both hands.”