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Hong Kong Tax Exemptions

Hogan Lovells

Proposed changes to preferential tax regimes enhance Hong Kong’s appeal to fund managers

Hogan Lovells on

To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued a consultation paper (the “Consultation Paper”) in November 2024 outlining the...more

Seyfarth Shaw LLP

Hong Kong’s Foreign-Sourced Income Exemption (FSIE) Regime Refined

Seyfarth Shaw LLP on

Seyfarth Synopsis: To bring Hong Kong’s Foreign-Sourced Income Exemption (FSIE) regime in line with the European Union’s updated guidance on FSIE regimes promulgated in December 2022, the Inland Revenue (Amendment) (Taxation...more

Hogan Lovells

Global Accountants’ Liability Update – July 2020

Hogan Lovells on

Certified public accountants are among those who may benefit from a mechanism announced by the Hong Kong government in May 2020 to exempt certain inbound travelers from compulsory quarantine. The exemption is provided under...more

K&L Gates LLP

Hong Kong’s New Unified Tax Exemption for Onshore and Offshore Privately-Offered Funds

K&L Gates LLP on

Hong Kong’s Inland Revenue (Profits Tax Exemption for Funds) (Amendment) Bill 2018 (the “Bill”), which will take effect on 1 April 2019, represents a significant development for Hong Kong’s privately-offered funds industry by...more

Akin Gump Strauss Hauer & Feld LLP

SFC Issues Consultation Conclusions on the Hong Kong Open-Ended Fund Company Regime

• The introduction of an OFC structure in Hong Kong is intended to further develop Hong Kong as an international asset management centre and fund domicile. • The OFC provides Hong Kong Type 9 licenced managers seeking to...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Recent Developments in the Use of Variable Interest Entities"

The variable interest entity (VIE) structure has been around since the listing of Sina.com on the Nasdaq Stock Market in 2000. It enables companies to exercise control over operating entities and derive economic benefits from...more

Proskauer Rose LLP

Hong Kong Government to Extend Existing Offshore Funds Tax Exemption to Private Equity Funds

Proskauer Rose LLP on

The Hong Kong government has announced in its latest budget a planned extension of the existing offshore funds tax exemption to bring offshore private equity funds investing in or through Hong Kong, within its scope. The...more

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