Long term expertise in international tax consulting with specific focus on East Asia and emerging markets, providing clients with due diligence, tax and advisory services.
PhD Researcher at Shanghai University, he has been Adjunct Associate Professor at XJTLU and has taught taxation at Peking University, Shanghai Jiao Tong, Tongji University and Hult Business School.
Tax Advisor and CPA specialized in international taxation at IBFD Kuala Lumpur, Post-graduate degree from UIBE Beijing.
He is based in Shanghai, where he focuses on business and tax law, assisting foreign investments in China and East Asia. He is an auditor and an advisor for several corporate groups and he is partner and Head of Tax of the consulting firm RSA, specializing in Asia and emerging countries.
Lorenzo has covered roles in the governance of institutions, multi-national companies and non-profit organizations including roles as directors and supervisor in Asia for groups like Giorgio Armani, Trussardi, Max Mara, Biesse, Parmalat and others.
Lorenzo Riccardi has published extensively on business and tax law and foreign investments in Asia, being a columnist, scientific committee member of several journals and author of publications in different languages.
During his career he has been recognized as:
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Member American Institute of CPAs (International Associate) - USA
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Member Australia CPA - Australia
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Member CNDCEC, Association of CPAs - Italy
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Member National Association of Auditors, Registro Revisori dei Conti - Italy
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Member Hong Kong Institute of CPAs (International Affiliate) - Hong Kong, SAR China
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Vice Secretary - Committee on Emerging Economies, Shanghai Society of World Economy
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Treasurer China-Italy Chamber of Commerce
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Board Director China-Italy Chamber of Commerce
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Board Director Italy Vietnam Chamber of Commerce
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Chair SPWG China-Italy Chamber of Commerce
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Secretary General Italian Scholar Association in China
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Member Thai-Italian Chamber of Commerce
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China Representative, Unimpresa
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Chairman of Vespa Club China
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Economic Attaché Consulate of Vietnam in Italy
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Member of Research Center on Contemporary China (CSCC)
Business Grand Tour wants to recapture the concept of the historical Grand Tour, with a modern and economic perspective.
In our 21th century, countries and people are getting more connected and economies are developing thanks to the globalization. New technologies and the development of the means of transport made easier the communication and movements among countries.
In this context, Business Grand Tour aims to discover countries from an economic point of view, with a focus on their strengths, opportunities and specific features and analyzing how they are dealing in an increasingly globalized world.
Business Grand Tour wants to recapture the concept of the historical Grand Tour, with a modern and economic perspective.
In our 21th century, countries and people are getting more connected and economies are developing thanks to the globalization. New technologies and the development of the means of transport made easier the communication and movements among countries.
In this context, Business Grand Tour aims to discover countries from an economic point of view, with a focus on their strengths, opportunities and specific features and analyzing how they are dealing in an increasingly globalized world.
Business Grand Tour wants to recapture the concept of the historical Grand Tour, with a modern and economic perspective.
In our 21th century, countries and people are getting more connected and economies are developing thanks to the globalization. New technologies and the development of the means of transport made easier the communication and movements among countries.
In this context, Business Grand Tour aims to discover countries from an economic point of view, with a focus on their strengths, opportunities and specific features and analyzing how they are dealing in an increasingly globalized world.
Sources: World Bank, International Monetary Fund,
EY, RsA Asia
Sources: World Bank, International Monetary Fund,
EY, RsA Asia
Sources: World Bank, International Monetary Fund,
EY, RsA Asia
Macro-data
Macroeconomics emphasizes the economy at a national, regional and global level. Business cycles, output, inflation, unemployment, and corporate income taxes are important factors to take into consideration when doing business in a foreign country.
Sources: World Bank, International Monetary Fund,
EY, RsA Asia
Doing Business DTF Index: Distance to Frontier (DTF) measures the distance of each economy to the frontier, which represents the best performance observed on each of the indicators across all economies in the Doing Business sample since 2005. An economy distance to frontier is measured on a scale from 0 (the lowest performance) to 100 (the frontier). DTF is provided by the World Bank.
Source: Doingbusiness.org. (2018). Distance to Frontier - Doing Business - World Bank Group. [online] Available at: http://www.doingbusiness.org/data/distance-to-frontier [Accessed 14 Aug. 2018].
GDP (US$ bln): Gross Domestic Product at current prices expressed in billions of US dollars. Data provided by the IMF’s World Economic Outlook.
Source: Imf.org. (2018). World Economic Outlook Database. [online] Available at: http://www.imf.org/external/pubs/ft/weo/2018/01/weodata/index.aspx [Accessed 14 Aug. 2018].
GDP growth rate (% change): Gross Domestic Product at constant prices expressed as a percentage change. Data provided by the IMF’s World Economic Outlook.
Source: Imf.org. (2018). World Economic Outlook Database. [online] Available at: http://www.imf.org/external/pubs/ft/weo/2018/01/weodata/index.aspx [Accessed 14 Aug. 2018].
GDP per capita (US$ unit): Gross Domestic Product per capita at current prices expressed in units of US dollars. Data provided by the IMF’s World Economic Outlook.
Source: Imf.org. (2018). World Economic Outlook Database. [online] Available at: http://www.imf.org/external/pubs/ft/weo/2018/01/weodata/index.aspx [Accessed 14 Aug. 2018].
Inflation rate: it is expressed as annual percentage of average consumer prices year-on-year change. Data provided by the IMF’s World Economic Outlook.
Source: Imf.org. (2018). World Economic Outlook Database. [online] Available at: http://www.imf.org/external/pubs/ft/weo/2018/01/weodata/index.aspx [Accessed 14 Aug. 2018].
Unemployment rate: it is expressed as the percentage of unemployed people over total labour force (unemployed plus employed people). Data provided by the IMF’s World Economic Outlook.
Source: Imf.org. (2018). World Economic Outlook Database. [online] Available at: http://www.imf.org/external/pubs/ft/weo/2018/01/weodata/index.aspx [Accessed 14 Aug. 2018].
Income class: World Bank's classification of income divided into four income groups (Low, Lower-Middle, Upper-Middle, and High) based on Gross National Income (GNI) per capital calculated through the Atlas method. The units for this measure and for the thresholds is current US Dollars. Data provided by the World Bank.
Source: Datahelpdesk.worldbank.org. (2018). World Bank Country and Lending Groups – World Bank Data Help Desk. [online] Available at: https://datahelpdesk.worldbank.org/knowledgebase/articles/906519 [Accessed 14 Aug. 2018].
Corporate Income Tax (%): direct tax imposed by a jurisdiction on the income or capital of corporations or analogous legal entities. Data provided by Ernst & Young’s Worldwide Corporate Tax Guide.
Source: Ey.com. (2018). Worldwide Corporate Tax Guide. [online] Available at: https://www.ey.com/gl/en/services/tax/worldwide-corporate-tax-guide---country-list [Accessed 14 Aug. 2018].