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15-Jun-2013

Secretary for Commerce & Economic Development Gregory So opened the Think Asia, Think Hong Kong symposium in Los Angeles yesterday, held by the Hong Kong Trade Development Council.
 
More than 650 American political and business leaders attended the symposium, part of a trade promotional event.
 
Other events include business seminars and business-matching meetings highlighting Hong Kong's advantages for US companies seeking business opportunities in Asia.
 

07-Jun-2013

Secretary for Commerce & Economic Development Gregory So will pay a five-day duty visit to three cities in the United States to promote co-operation and exchange.
 
Mr So will leave on June 9, to join Chief Executive CY Leung's duty visit to New York, to attend the Trade Development Council's trade promotion events, including a 'Think Asia, Think Hong Kong' symposium. He will also join the Chief Executive's meetings with political and business leaders, and Hong Kong people working and studying there.
 

13-May-2013

Hong Kong and Qatar have signed an agreement for avoidance of double taxation and prevention of income tax evasion.
 
Secretary for Financial Services & the Treasury Prof KC Chan signed the agreement with Qatari Ambassador Extraordinary & Plenipotentiary to China Hamad Bin Mohammed Al-Khalifa today.
 

13-May-2013

Three Executive Council orders implementing tax agreements with Jersey, Canada and Austria for the avoidance of double taxation were gazetted today.
 
The Financial Services & the Treasury Bureau said the Comprehensive Agreements for the Avoidance of Double Taxation ensure that investors will not have to pay tax twice on a single source of income.
 

08-May-2013

The Monetary Authority today granted a banking licence to CIMB Bank Berhad.
 
CIMB Bank is incorporated in Malaysia.
 
According to the July 2012 issue of The Banker, it is the third largest bank in Malaysia and the 185th largest bank in the world in terms of Tier-1 capital.
 
The move brings the number of licensed banks in Hong Kong to 155.

http://www.news.gov.hk

06-May-2013

A double-taxation avoidance agreement between Hong Kong and Malaysia has entered into force, the Financial Services & the Treasury Bureau said today.
 
The agreement was signed in April last year, and came into force on December 28 after both sides completed ratification procedures. 
 
In Hong Kong, the agreement applies to any year of assessment beginning on or after April 1, 2013.

http://www.news.gov.hk


23-Apr-2013

Hong Kong and Guernsey have signed an agreement on the avoidance of double taxation and the prevention of income tax evasion.
 
The Financial Services & the Treasury Bureau announced the comprehensive agreement today, which will come into force after ratification procedures are completed on both sides.
 
It is the 28th comprehensive agreement for the avoidance of double taxation concluded by Hong Kong and its trading partners.
 
Guernsey is a British Crown dependency in the English Channel. 

08-Mar-2013

HK, Mexico tax treaty in force

An agreement between Hong Kong and Mexico for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income has entered into force, a government spokesman said today (March 8).

The agreement was signed in June last year. It came into force on March 7, 2013 after completion of ratification procedures on both sides. It will have effect in Hong Kong for any year of assessment beginning on or after April 1, 2014.

26-Feb-2013

Hong Kong and Thailand today signed a cooperation arrangement on strengthening trade and economic relations. 

30-Jan-2013

The first batch of subsidiary legislation for the new Companies Ordinance's implementation will be gazetted on February 1, the Financial Services & the Treasury Bureau said today.
 
Five pieces of subsidiary legislation to be introduced are the Companies (Words & Expressions in Company Names) Order, the Companies (Disclosure of Company Name & Liability Status) Regulation, the Companies (Accounting Standards (Prescribed Body)) Regulation, the Companies (Directors' Report) Regulation and the Companies (Summary Financial Reports) Regulation.
 

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