In a move to enhance Hong Kong’s status as a global business and financial hub, and to attract foreign companies to take advantage of Hong Kong’s taxation system and professional services–thereby encouraging investment and...more
6/16/2025
/ Business Entities ,
Corporate Taxes ,
Eligibility ,
Filing Requirements ,
Financial Services Industry ,
Foreign Corporations ,
Foreign Investment ,
Hong Kong ,
International Tax Issues ,
Investment ,
New Legislation ,
Non-Domiciled Investors
On May 21, 2025, Hong Kong’s Legislative Council passed the Stablecoins Bill, establishing a regulatory framework for stablecoins–cryptocurrencies whose value is tied to an external asset or commodity. This marks an important...more
5/27/2025
/ Cryptocurrency ,
Digital Assets ,
Financial Institutions ,
Financial Regulatory Reform ,
Hong Kong ,
Hong Kong Monetary Authority (HKMA) ,
Investment ,
Investors ,
Licensing Rules ,
New Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Retail Investors ,
Stablecoins ,
Virtual Currency
Seyfarth Synopsis: To bring Hong Kong’s Foreign-Sourced Income Exemption (FSIE) regime in line with the European Union’s updated guidance on FSIE regimes promulgated in December 2022, the Inland Revenue (Amendment) (Taxation...more
To bring Hong Kong’s Foreign-Sourced Income Exemption (FSIE) regime in line with the European Union’s updated guidance on FSIE regimes promulgated in December 2022, the Inland Revenue (Amendment) (Taxation on Foreign-sourced...more
On 14 April 2023, the Stock Exchange of Hong Kong Limited (“HKSE”) published a consultation paper seeking market feedback on proposals to enhance climate-related disclosures under the current ESG framework for listed...more