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The UK government has proposed new registration requirements for foreign influence activities in the UK as part of its attempts to strengthen the resilience of the UK’s political system...
Phase 2 of the new inspection regime of the register of the Companies Registry ("Register") will come into effect from 24 October 2022, allowing Hong…
Unified Funds Tax Exemption Ordinance") and sets outs intended IRD practice in administering the Unified Funds Tax Exemption which came into effect on April 1, 2019. The Unified Funds Tax Exemption The Unified Funds Tax Exemption seeks to exempt hedge funds, including OFCs and LPFs, from Hong Kong profits tax. This exemption may apply regardless of the fund structure, location of the fund's central management and control, fund size or fund purpose provided that prescribed conditions are satisfied. Unlike the Offshore Funds Exemption, there is no longer a bias against Hong Kong. Firstly, there...