Tag: intiatives

Companies setting up treasury centres in Hong Kong could be given greater scope to benefit from half-rate tax concessions, CT has learnt. However, it seems, the regulators are keen for companies to set up legal entities in the city to enjoy the tax perks.

Treasurers are broadly pleased with Hong Kong’s recent tax proposals to attract treasury centres, but they fear more needs to be done to differentiate the city from Singapore and Shanghai.

An EY study seen by CT shows the data forming Hong Kong’s policy to become a destination for corporate treasury centres.