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 ...

HONG KONG: The Hong Kong Monetary Authority (HKMA) yesterday cut its base interest rate charged via the overnight discount window by 25 basis points (bps) to 4.75%, tracking a move by the Federal ...

The Asian financial hub will reduce salaries tax and businesses’ profit tax by 100%, subject to a ceiling of 1,500 Hong Kong dollars, said Hong Kong Financial Secretary Paul Chan.

This figure is well above the neutral watershed point of 50 and indicates the city's status as an effective and highly regarded global ESG business hub. Hong Kong rates highly across all criteria ...