Hong Kong and Serbia Came Together to Signed Double Taxation Avoidance Pact The Secretary for Financial Services and the Treasury of Hong Kong has signed a comprehensive avoidance of double taxation agreement (CDTA) with Serbia on behalf of the Hong Kong Special Administrative Region Government. The avoidance of double taxation agreement signifies the Government’s efforts…
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New Amendments Will Affect the Allotment and Redemption of Shares Hong Kong’s Stamp Duty Ordinance comes into effect on 1 August 2020. It is an Amendment of Schedule 8 Regulation 2020. With the changes, stamp duty will be exempted on the purchase and sale of stocks in Hong Kong. This applies to stock that involves…
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Hong Kong’s Tight Screening on Travellers Requires Employers to Sign a Pledge When Applying for Their FDH’s Visas On July 21, 2020, given the current situation of the COVID-19 pandemic, the Hong Kong Government has gazetted certain specifications under the Prevention and Control of Disease to set conditions based on public health grounds on travellers…
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The Legislative Council in Hong Kong Releases New Bill to Reduce Profits Tax The government of Hong Kong passed the Inland Revenue (Amendment) (Profits Tax Concessions for Insurance-related Businesses) Bill 2019 previously on the 15th of July 2020. The Legislative Council approved bill would introduce interesting tax rates for eligible profits derived from the various…
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Hong Kong’s Limited Partnership Fund Bill is Set to Attract Private Funds On the 9th of July 2020, Hong Kong’s Secretary for Financial Services and the Treasury, Mr Christopher Hui and Hong Kong’s Legislative Council passed the passage of the Limited Partnership Fund Bill. The bill was gazetted early this year on the 20th of…
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Hong Kong: 48,000 Local Companies Newly Registered in the Mid-2020 By the end of June 2020, Hong Kong’s total number of local companies registered was 1.38 million. Additionally, 48,760 local companies were newly registered in the first half of 2020 according to a new report by the Companies Registry. 876 foreign entities established a place…
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Public Holidays in Hong Kong for 2024 The Gov HK Hong Kong has released the dates of the upcoming 2024 public holidays happening in Hong Kong. These dates may be modified if official changes are announced. Countdown for Hong Kong New Year Day 2024 Hong Kong 2024 New Year Day Celebration on Monday…
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Public Holidays in Hong Kong for 2023 The Gov HK Hong Kong has released the dates of the upcoming 2023 public holidays happening in Hong Kong. These dates may be modified if official changes are announced. Countdown for Hong Kong New Year Day 2023 Hong Kong 2023 New Year Day Celebration on Sunday…
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Public Holidays in Hong Kong for 2022 The Gov HK Hong Kong has released the dates of the upcoming 2022 public holidays happening in Hong Kong. These dates may be modified if official changes are announced. Countdown for Hong Kong New Year Day 2022 Hong Kong 2022 New Year Day Celebration on Saturday…
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Public Holidays in Hong Kong for 2021 The Gov HK Hong Kong has released the dates of the upcoming 2021 public holidays happening in Hong Kong. These dates may be modified if official changes are announced. Countdown for Hong Kong New Year Day 2021 Hong Kong 2021 New Year Day Celebration on Friday…
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