CPS Taxation Services Limited is a boutique professional tax firm offering high value-added China and Hong Kong tax advisory services. The firm was founded by Eddy Yeung, a former tax partner in one of the Big 4 international accounting firms who has over 20 years of experience specialised in advising multinational clients on cross-border issues and tax efficient structure for investing in China and Hong Kong. He also has extensive experience in assisting clients on various forms of corporate set up in Hong Kong / China and providing the related administrative services.

We asked Eddy to answer our questions on some key issues in the accounting sector:

In your opinion, what is the future for your profession?
Predominately client service orietned and more people skills required

What is your growth strategy?
Networking with solid professionals who share similar values and standards

Where do you see your firm 5 years from now?
A boutique professional tax firm offering high value-added China and Hong Kong tax advisory services

What is your biggest challenge?
Resources limitations in capturing growing opportunities

What percentage of your work is international?
60-70%

What business advisory services do you offer?
Cross border tax structuring advice

What was your main driver for being part of BOKS International?
Networking with solid professionals who share similar values and standards and cross-referral opportunities

Where do you see BOKS International 5 years from now?
More American and Asian member firms representatives

How would you describe your typical client?
Mid-size multinational enterprises who respect and demand quality professional services

Tell us about a recent international assignment
We have assisted a U.S client to handle an equity restructuring in China and advice on the application for a special tax deferral treatment in China.

How do you target clients who are looking for international services?
Quality and personal services to clients and support to international member firm enquiries

Do you specialise in a particular sector or service?
Tax advisory and corporate formation