Hong Kong to boost Corporate Treasury Centre hub status
Amid a strong bond market, the government is prioritising taxes, tax agreements and talent, to encourage more firms, including from Belt and Road countries, to set-up treasury centres in the SAR; proposals will be sent to LegCo in 2027.
Amid a growing number of foreign firms setting up offices in Hong Kong, Christopher Hui, Hong Kong’s secretary for financial services and treasury, has unveiled a plan to promote the development of corporate treasury centres (CTCs) in the Special Administrative Region (SAR).
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