On March 12, 2024, the seminar event titled "Tax Risks and Responses Under Golden Tax Phase IV" was jointly organized by Benelux Chamber and SwissCham. Grace Shi, partner of ARTxDIGI, and tax expert Janny Song, were invited to deliver speeches.

The event primarily introduced the  implementation of Golden Tax Phase IV, representing a new revolution in taxation, finance, and compliance for all operating companies in China. Companies are required to undergo a thorough transformation in financial management, tax compliance, and daily operations. This seminar provided a fresh perspective, new strategies, and practical insights on policy changes, response strategies, operational transformation, and digital implementation.

Grace Shi, partner at ARTxDIGI, shared the following content during the event:

1. Golden Tax Phase IV: Transitioning from 'Invoice-Controlled Tax' to 'Digital-Controlled Tax'
2. Digital Invoicing: The Significance of Enterprise Digitalization
3. Embarking on Digitization: Providing Regulatory Assurance for Businesses
4. Preparation of Digitalization transformation

Under the promotion of "Taxation through Numbers" and "Digital Invoice" of Golden Tax Phase IV, digital transformation is crucial for the future development of enterprises. Digital transformation is not only to comply with regulations, ensure compliance with tax laws and regulations, and avoid tax risks and penalties, but also to improve efficiency. Through digital platforms, companies can more efficiently manage financial and tax affairs, reduce manual operations and human errors, and save time and costs. Furthermore, digital transformation can enhance transparency by providing real-time data and reports, enhancing financial transparency, and helping to supervise and manage company operations. Such transformation also helps enhance the competitiveness of enterprises, enabling them to better respond to market changes, improve business efficiency, and customer experience. Most importantly, digital transformation lays the foundation for the future development of enterprises, making them more flexible and adaptable, and helping them address future development challenges and opportunities.