PKF China’s Education Team Closed Two Education Consulting Cases in August during Pandemic

GOOD NEWS from PKF China education consulting team!

PKF China education consulting team recently CLOSED TWO DEALS for our international educational clients EVEN during the current struggling time for international business!

I.        DEAL ONE

PKF China together with PKF hotelexpert successfully CLOSED the phase I consulting service for a US public university by submitting a full-scale feasibility report, covering topics without limitation to Main Legal Framework of Sino-Foreign Cooperative Education, Intellectual Property Protection, Financial Economic Analysis, Impact on Ideological Differences, Foreign Exchange Control, Taxation Planning and so on, which won the acclaim and recognition from our client. Many thanks to PKF hotelexpert’s professional team members, this deal serves as a perfect example of close and seamless cooperation between PKF firms, which PKF China would be more than happy to continue.

(Sample Pages of the Feasibility Report of over 350 pages)

II.      DEAL TWO

Another deal that PKF China CLOSED has successfully BRIDGED a large Chinese education group with a US private university on online education program. PKF China education consulting team has helped to design the whole product structure and fully engaged into every step of the negotiation, which took more than 8 months. Finally and fortunately, all involving parties reached the consensus that online education would be the trend for global education industry and China will surely be the largest market for all interested international educational institutions. Thanks to our team’s concerted efforts, all involving parties entered into a cooperation agreement of 7-year term. Now our clients have become the pioneer in Sino-foreign online education arena.

III.    China Market – Hope for the Distressed Global Education Industry 

Impacted by the pandemic, many international educational institutions with plans to enter China market have faced a dilemma. On one hand, many education institutions are facing financial pressures due to the decline of tuition fee collection under the backdrop of current pandemic and global political chaos. On the other hand, China recently promulgated new policies, committing to widely opening its education market to the world.

So, the question is NOT whether these global educational institutions should or not enter the China market BUT how to enter? 

As mentioned in the successful cases mentioned above. The answer is “PKF China’s Education Consulting Team”.

IV.     WHY PKF?

The potential of China’s education market is huge, which serves as the major reason of the intense competition of such arena. While many international educational institutions show strong interest in entering China market, few of which succeeded in launching programs in China mainly due to the following reasons:

l  NOT familiar with the ACTUAL needs of potential students

l  NOT familiar with China’s education system of China

l  NOT familiar with educational policies and laws of China

l  HARD to find qualified and trusted school/institution partners

l  HARD to know the background, capability, and reputation of potential partners

To tackle the issues listed above, we provide our educational institutional clients with customized consulting services throughout each stage of their program in China, including but not limited to,

ü  Provide customized feasibility report for clients based on specific needs, including market analysis, legal environment analysis, education regulations/policies interpretation

ü  Provide legal and financial due diligence on potential Chinese counterparts

ü  Provide partner matching/brokerage service

ü  Provide solution for program expatriate plan for foreign based education institutions, including advice of foreign exchange, legal arrangement and tax planning

ü  Provide derivative services, including without limitation to perennial legal service, book-keeping, auditing & tax planning, and IT consulting services

Should you have educational clients with idea(s) to engage in any business in China, please feel free to reach out to Bruce Chen, Director of Education Department of PKF China at bruce.chen@pkfchina.com. We look forward to our collaboration in the post-pandemic era.