Insights & Topics

Indirect Transfer of Properties in Mainland China by Non-resident Enterprises

August 4, 2025 Taxation

Pursuant to the Enterprise Income Tax (‘EIT’) Law in Mainland China, capital gains derived by non-resident enterprises from the transfer of directly held equity interest in (i) Chinese resident entities or (ii) movable/immovable properties in Mainland China (collectively referred as the ‘Interest in Mainland China’) are generally subject to capital gain tax in Mainland China.… Continue reading Indirect Transfer of Properties in Mainland China by Non-resident Enterprises

Hong Kong Double Taxation Agreements and Tax Information Exchange Agreements

August 4, 2025 Taxation

As an international trading and financial centre, Hong Kong double taxation agreements (‘DTAs’) with its trading partners are essential to provide investors certainty in respect of taxing rights and incentives for carrying on business in Hong Kong. The DTA network also stimulates the development of a mutual economy, prevents discrimination and double taxation. Apart from… Continue reading Hong Kong Double Taxation Agreements and Tax Information Exchange Agreements

BEPS & Automatic Tax Exchange of Information

August 3, 2025 Taxation

The Organisation for Economic Co-operation and Development (“OECD”) has developed a raft of action plans in order to counter Base Erosion and Profit Shifting (“BEPS”). According to OECD, BEPS refers to tax planning strategies that exploit gaps and mismatches in tax rules to make profits “disappear” for tax purposes or to shift profits to locations… Continue reading BEPS & Automatic Tax Exchange of Information

Mainland China Beneficial Ownership

August 2, 2025 Taxation

In order to improve the implementation of double tax treaties between Mainland China and other tax jurisdictions, the State Administration of Taxation of Mainland China (“SAT”) released in February 2018 a Public Notice [2018] No. 9 (“Public Notice 9”), providing further and clearer guidelines/rules in assessing the  Mainland China beneficial ownership (“BO”) status for the… Continue reading Mainland China Beneficial Ownership

Company Registration Documents Checklist for Hong Kong Businesses

July 30, 2025 Business & Corporate Services

An updated checklist to keep track of what you need, depending on your business type – Limited Company, Sole Proprietorship, Partnership or Branch of a Foreign Company.

Tax Incentives in the Greater Bay Area and Free Trade Zones/Port in Southern China

July 7, 2025 Taxation

Pursuant to a co-operation framework agreement entered into in July 2017, Hong Kong, Macau and nine municipalities in the Guangdong Province of Mainland China including Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing have strategically integrated to form the Greater Bay Area (“GBA”), with a view to develop the region as a world-class… Continue reading Tax Incentives in the Greater Bay Area and Free Trade Zones/Port in Southern China

The Importance of Tax Substance in a Trust

June 27, 2025 Legal, Taxation

Whether enough tax substance in a Trust is present will always depend on the relevant facts of the case.

Non-Resident Individuals Income Tax Rates in Singapore and Hong Kong

June 25, 2025 Taxation

Singapore and Hong Kong are two international cities in the Asia Pacific region which attract a lot of foreigners for investment and work opportunities. One of the concerns these foreigners may have is the individual income tax liabilities on their income earned. In Hong Kong, the income tax rates applied to non-resident individuals have remained… Continue reading Non-Resident Individuals Income Tax Rates in Singapore and Hong Kong

Best Countries to Retire for Dutch Nationals

June 23, 2025 Taxation

One should carefully evaluate the tax implications in both of your home country and the retiring country before making any decision.

Hong Kong Long Service Payment: Your Essential Guide 2025

June 20, 2025 Business & Corporate Services

We’ll cover Long Service Payment’s eligibility, detailed calculation methods with practical examples, how it differs from Severance Payment and answer common FAQs.