News

Published on 2016-11-02

Hong Kong News: Electric mobility; a viable way for Hong Kong?

In just six years, the number of electric vehicles (EVs) in Hong Kong has increased significantly, largely on the back of government support, new technology and greater awareness of environmental protection as well as effective corporate marketing. How does the EV industry embrace the business opportunities as well as challenges?

Published on 2016-08-10

Hong Kong News: New guidelines shall aim to ease the opening of bank accounts for foreign companies and investors in Hong Kong

The Hong Kong Monetary Authority (HKMA) plans to release new guidelines to simplify the opening process of bank accounts. Several banks made the account opening for start-ups and foreign SMEs very difficult. The HKMA urges all banks to strike a balance between compliance requirements and the providing of basic services for the public. The… » read more

Published on 2015-10-19

Hong Kong NEWS: Hong Kong no longer on ECs list of non-cooperative jurisdictions

In June the European Union has named Hong Kong as one of the international territories and countries that are not cooperating in efforts to fight tax avoidance and included HK in its list of ‘non-cooperative’ jurisdictions for tax purposes. The EC named any jurisdiction that was, at the time of publication, blacklisted as a tax haven by at least 10 EU member states.