Events listed in [HKG] Hong Kong Government
SCED calls on APEC members to support more sustainable and inclusive regional ...
ID 23450
The Hong Kong government has summarized a speech of Mr. Algernon Yau, Secretary for Commerce and Economic Development, which he held at the most meeting of Ministers responsible for trade within the Asia-Pacific Economic Cooperation (APEC) circle in Detroit. In his speech, Mr. Yau highlighted Hong Kong’s unwavering commitment to fostering sustainable and inclusive trade in a way that benefits all. He also urged ...
United Nations Sanctions (Yemen) Regulation 2019 (Amendment) Regulation 2023 ...
ID 23414
On May 25, 2023, the Hong Kong government published a press release to announce the gazettal of the United Nations Sanctions (Yemen) Regulation 2019 (Amendment) Regulation 2023 which came into force on same day. The regulation amends the United Nations Sanctions (Yemen) Regulation 2019 „to give effect to certain decisions relating to sanctions in the United Nations Security Council Resolutions 2664 and 2675 in ...
InvestHK co-hosts forum in Guangzhou to promote Hong Kong’s advantages in ...
ID 23379
The government of Hong Kong has published a press statement to inform of a financial forum, the so-called Hong Kong – Unparalleled Opportunities to Expand Your Global Business – Cross-border Asset Management and Green Finance Forum, that recently took place as part of the SmartHK Promoting High Quality Development‧Hong Kong Forum which was launched on May 24, 2023. The forum was co-hosted by the ...
Government welcomes passage of Inland Revenue (Amendment) (Tax Concessions for ...
ID 23189
The Hong Kong government has published a press statement in which it welcomes the passage of the Inland Revenue (Amendment) (Tax Concessions for Family-owned Investment Holding Vehicles) Bill 2022. The bill is intended to modify the „Inland Revenue Ordinance“ to attract more investment management business and related services to Hong Kong by exempting certain income derived from Family-owned Investment Holding Vehicles (FIHVs) managed by ...
Commencement of Companies (Amendment) Ordinance 2023
ID 23006
The Hong Kong government has published a press release to remind of the fact that the new Companies (Amendment) Ordinance 2023 came into force on April 28, 2023, which provides public companies with the flexibility to also hold their general meetings in hybrid or virtual form only. Corresponding changes have been made as regards – the notification of an upcoming meeting (place, date, time, ...
Order on Comprehensive Avoidance of Double Taxation Agreement with Mauritius to be ...
ID 22990
The Hong Kong government has published a press release to announce that a new double taxation order to implement the double taxation agreement between Hong Kong and the Republic of Mauritius signed in November 2022 will soon be tabled at the Legislative Council for negative vetting. To recall, the agreement provides relief with regard to double taxation on income and on capital earned in ...
Guangdong-Hong Kong-Macao Greater Bay Area financial institutions deepen ...
ID 22924
On April 24, 2023, two meetings took place between financial market regulators, industry participants, and several organizations, including the Hong Kong Green Finance Association (HKGFA) and the Greater Bay Area Green Finance Alliance, to further strengthen collaboration in green and sustainable finance in the Guangdong – Hong Kong – Macao Greater Bay (GBA) area. The meetings were co-organized or supported by the Securities and ...
Innovation and Technology Venture Fund adds one co-investment partner
ID 22790
The Hong Kong Innovation and Technology Commission announced that it has selected a new venture capital fund (VC fund) to participate in the Innovation and Technology Venture Fund (ITVF) program which now makes it a total of 17 VC funds under the program. The ITVF is a $2 billion co-investment fund established by the Government to encourage „Venture Capital investment in local innovation and ...
Acting SFST’s opening remarks on financial services at LegCo Finance ...
ID 22752
At a special convention of the Legislative Council on April 12, 2023, the Secretary for Financial Services and the Treasury (FST), Mr. Joseph Chan, presented his budget proposal for legislative year 2023-24. Besides the straight numbers, the Secretary also presented a brief summary of the upcoming areas of focus of the FST which include the following: (1) Enhancing market competitiveness: To further enhance the ...
IRD issues profits tax, property tax and employer’s returns for 2022-23
ID 22647
The Hong Kong government has published a press statement on behalf of the Inland Revenue Department in connection with profits tax, property tax, and employer’s returns for 2022-23. While most information in the press statement is likely to be of little relevance, we would like to point out three key statements of the IRD, namely: (1) From 2023 on, ALL corporations and businesses irrespective ...