Hong Kong being a well-established international financial centre, the effective professional services and extensive financial foundation attract many multinational corporations migrating or establishing new businesses in Hong Kong. In particular, many corporations are interested to establish global or regional corporate treasury centres ("CTCs") in Hong Kong.
In order to provide new job opportunities and attracting highly skilled people to Hong Kong, the Hong Kong government has also offered tax concessions to attract companies to domicile their special business such as aircraft leasing, ship leasing, and captive insurance business in Hong Kong.
The purpose of this seminar is to provide insights on the preferential tax regimes in Hong Kong with the highlight on certain businesses namely CTCs, aircraft leasing, ship leasing, and captive insurances. EY would provide the details of the tax concessions and insights on the application of the relevant tax legislation on these businesses.