ESTABLISHING A BUSINESS ENTITY IN HONG KONG - 1. Introduction - Hong Kong as an international centre for finance, commerce ...

Hong Kong has no Value Added Tax (VAT) system to spare businesses from extra taxes on their products and services. In contrast, many other countries impose VAT rates as high as 20 percent, ...

Hong Kong’s government has historically relied on land sales for revenue, imposing low rates on income and corporate profits — with a progressive salaries tax topping out at 17 per cent ...

Hong Kong’s finance chief Paul Chan has announced reductions in both salary and profits tax cuts in his latest ... Meanwhile, rates concessions for both domestic and non-domestic properties ...

Together with the half-percentage-point cut in September, Hong Kong's ... after the rate cut. "For 2025, however, the picture will be complicated by the potential for trade and tax policies ...

A cut in Hong Kong’s liquor ... since we cut the liquor tax. That is a good start,” he said. “We hope to become a trading hub for spirits and boost the business of the catering, hospitality ...