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The Non-Hong Kong Companies (Disclosure of Company Name, Place of Incorporation and Members’ Limited Liability) Regulation (Cap. 622M) (“Regulation”) will come into operation on 1 August 2019. The main purpose… 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 →
Welcome home! We are pleased to announce the return of our former colleague Mr. Sasaki – who had been the leader of our Japan Department – after 10 years’ time.… read more →
Major business related measures proposed in 2019-20 Budget In his Budget delivered on 27 February 2019, the Financial Secretary of HKSAR proposed the following major business related measures, all of… 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 →