Newsletter

Hong Kong launches consultation on implementation of global minimum tax and minimum top-up tax

Hong Kong launches consultation on implementation of global minimum tax and minimum top-up tax On December 21, 2023, the Government ...
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Tax Certainty Enhancement Scheme for Onshore Gains on Disposal of Equity Interest

Tax Certainty Enhancement Scheme for Onshore Gains on Disposal of Equity Interest Currently, there is no capital gain tax in ...
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2024-25 Hong Kong Government Budget Highlights

2024-25 Hong Kong Government Budget Highlights The Financial Secretary Mr. Paul Chan Mo-po delivered the 2024-25 Budget speech on 28 ...
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New Capital Investment Entrant Scheme

New Capital Investment Entrant Scheme The Government announced on December 19, 2023 the details of the new Capital Investment Entrant ...
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Key Measures Unveiled in the 2023 Policy Address

Key Measures Unveiled in the 2023 Policy Address Stamp duty with effect from October 25, 2023: (i) shorten the applicable ...
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25 Aug 2023 Updates on the proposed refinements to foreign source income exemption regime for passive income in Hong Kong

Updates on the proposed refinements to foreign source income exemption regime for passive income in Hong Kong To comply with ...
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5 Jul 2023 – Hong Kong Plans to Introduce Re-domiciliation Regime

Hong Kong Plans to Introduce Re-domiciliation Regime Traditionally, many enterprises set up investment holding companies in offshore jurisdictions such as ...
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18 May 2023 – Professional Outsourced Accounting Services

Professional Outsourced Accounting Services If you are facing the challenges of shortage in accounting talent, or if you wish to ...
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3 May 2023 – No More “Nil” Return

No More “Nil” Return Abolishment of exemption for submission of audited accounts Starting from the year of assessment 2022/23 onwards, ...
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27 Feb 2023 – 2023/24 Hong Kong Government Budget Highlights

2023/24 Hong Kong Government Budget Highlights The Financial Secretary Mr. Paul Chan Mo-po delivered the 2023/24 Budget speech on 22 ...
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23 Nov 2022 Bill on foreign-sourced income exemption regime gazetted

Bill on foreign-sourced income exemption regime gazetted The Government published legislative bill on the proposed refined foreign source income exemption ...
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2 Nov 2022 Amendments to the BVI Business Companies Act

Amendments to the BVI Business Companies Act The BVI Business Companies (Amendment), Act, 2022 (“the Act”) will come into force ...
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25 Oct 2022 Hong Kong’s Comparative Advantages

Hong Kong's Comparative Advantages Hong Kong is strategically located at the heart of Asia. The business-friendly environment, low taxes, rule ...
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23 Sept 2022 The risks of a company with sole shareholder and director

The risks of a company with sole shareholder and director There are always potential dangers to a company in having ...
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23 Sept 2022 Proposed refinements to foreign source income exemption regime for passive income in Hong Kong

Proposed refinements to foreign source income exemption regime for passive income in Hong Kong In October 2021, the European Union ...
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22 Aug 2022 New Inspection Regime – Implementation of Phase 2

New Inspection Regime - Implementation of Phase 2 In our newsletter of September 14, 2021, we briefly introduced that the ...
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4 Sept 2021 Commencement of New Inspection Regime – Phase 1 by Hong Kong Companies Registry

Commencement of New Inspection Regime – Phase 1 by Hong Kong Companies Registry The Companies Registry (“CR”) in Hong Kong ...
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11 Nov 2019 BVI Issues Final Economic Substance Rules

BVI Issues Final Economic Substance Rules To address the concerns of the EU Code of Conduct Group and the OECD ...
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6 May 2021 Hong Kong Company Formation Promotion Package

Promotion on Hong Kong Company Formation It is believed that the threat of the COVID-19 will be virtually eliminated by ...
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20 Feb 2019 Highly Efficient Cloud-Based Accounting Software – XERO

Highly Efficient Cloud-Based Accounting Software - XERO Xero was first launched in New Zealand in 2006 by a New Zealand-based ...
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9 Feb 2018 Keeping of Significant Controllers Registers by Hong Kong Incorporated Companies

Keeping of Significant Controllers Registers by Hong Kong Incorporated Companies To enhance transparency of corporate beneficial ownership in order to ...
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