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Hong Kong’s company re-domiciliation regime in 2024
Hong Kong is set to implement a new company re-domiciliation regime (New Regime) in 2024, following a similar re-domiciliation mechanism for funds in 2021. This regime will allow foreign companies of different types and scales to change their place of incorporation to Hong Kong, providing a streamlined process for businesses.
In this alert, we will provide you with a comprehensive overview of the upcoming re-domiciliation regime, including its key features, benefits, and the necessary considerations for companies looking to take advantage of this opportunity.