Category Archive for ‘快讯’

To support the development of the technology enterprises such as Huawei, ZTE, etc., in May 2019, the Government announced the preferential CIT policies for the IC and software industry that:-… read more →

Important changes ! New rule on 183 days of tax residence in China On March 14, 2019, the Ministry of Finance and the State Administration of Taxation jointly issued the… read more →

[Regulatory Update] [BVI] ECONOMIC SUBSTANCE REQUIREMENTS The British Virgin Islands (“BVI”) has enacted new legislation requiring certain BVI entities carrying on relevant activities to demonstrate “adequate economic substance” in the… read more →

The Inland Revenue Department (“IRD”) recognizes that the Hong Kong entity and the service provider engaged by the entity (if any) may need more time to get familiar with the… read more →

Implementation of Country-By-Country (“CbC”) Reporting in Hong Kong As mentioned in our flash news published in November 2018 regarding TP documentation requirements in Hong Kong, the implementation framework for CbC… read more →

The Comprehensive Avoidance of Double Taxation Agreement (CDTA) between Hong Kong and Finland has entered into force on 30 December 2018.  It will have effect in respect of Hong Kong… read more →

[Hong Kong] [Regulatory] Five-day statutory paternity leave effective on 18 January The Employment (Amendment) (No. 3) Ordinance 2018 (Amendment Ordinance) commenced on 18 January 2019. Under the Amendment Ordinance, for… read more →

Tender tax payment promptly to avoid penalty Tax for the year of assessment 2017/18 is generally falling due in January 2019. The Inland Revenue Department (“IRD”) urges taxpayers to note… read more →