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Government states its latest legislative proposals for the company re-domiciliation regime
The Financial Services and the Treasury Bureau (FSTB) has recently released its Consultation Conclusion and Legislative Proposals in respect of its earlier consultation paper issued on the Proposed Company Re-domiciliation Regime in Hong Kong (the Conclusion).
The Conclusion summarizes and responds to the views received, outlining some refinements and changes to the original legislative proposals.
This alert summaries the position taken by the FSTB in response to views received and its latest legislative proposals.
Clients who contemplate to re-domicile to Hong Kong or have any questions on the issue can contact their tax executive.